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15235 Burbank Blvd 7,291 SF 100% Leased Office Building Van Nuys, CA 91411 $4,449,856 CAD ($610.32 CAD/SF)
Investment Highlights
- Potential to convert Office back into Medical – Formerly Dental Office
- 13,443 SF Lot, Ideal for Development: Zoned C2-1VL with Highest Resource and DDA Designation and ED-1 Eligible
- Amenity Rich Location - right by Target and with easy access to the Sherman Oaks Galleria, Costco, Starbucks, LA Fitness and all other amenities
- 28 Gated Parking Spaces
- Affluent Neighborhood - $101k Avg income within 2 Miles
- Across from the largest Park in the Valley – Lake Balboa Park & Recreation Area, with 2 Golf Courses
Executive Summary
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: 15235 Burbank Blvd offers the possibility of converting the property back into medical office, as the property was formerly a dental office with ample parking. The property is also ideal for development with bonuses including highest resource & DDA designation and ED-1 eligibility. Sherman Oaks is one of the most affluent areas in the San Fernando Valley. The property is close to high end shopping and amenities like the Sherman Oaks Galleria while providing easy access to schools and
the largest park and recreation area in the valley – Lake Balboa Park & Recreation Area which also includes 2 golf course. The property offers convenient 405 freeway access and is very close to the 405/101 Freeway interchange.
DEMOGRAPHICS: Affluent Area with average household income over $101k in dense area with over
113k residents within 2 miles.
PRICE: $3,200,000 – 7,291 SF Building on 13,443 SF Lot with Highest Resource and DDA Designation
OFFERING SUMMARY: 15235 Burbank Blvd offers the possibility of converting the property back into medical office, as the property was formerly a dental office with ample parking. The property is also ideal for development with bonuses including highest resource & DDA designation and ED-1 eligibility. Sherman Oaks is one of the most affluent areas in the San Fernando Valley. The property is close to high end shopping and amenities like the Sherman Oaks Galleria while providing easy access to schools and
the largest park and recreation area in the valley – Lake Balboa Park & Recreation Area which also includes 2 golf course. The property offers convenient 405 freeway access and is very close to the 405/101 Freeway interchange.
DEMOGRAPHICS: Affluent Area with average household income over $101k in dense area with over
113k residents within 2 miles.
PRICE: $3,200,000 – 7,291 SF Building on 13,443 SF Lot with Highest Resource and DDA Designation
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,291 SF
Building Class
C
Year Built/Renovated
1961/2005
Price
$4,449,856 CAD
Price Per SF
$610.32 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,645 SF
Slab To Slab
11’
Building FAR
0.54
Lot Size
0.31 AC
Zoning
C2 - Commercial
Parking
20 Spaces (1.74 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2243-003-019 | Improvements Assessment | $969,165 CAD |
| Land Assessment | $2,326,012 CAD | Total Assessment | $3,295,177 CAD |
Property Taxes
Parcel Number
2243-003-019
Land Assessment
$2,326,012 CAD
Improvements Assessment
$969,165 CAD
Total Assessment
$3,295,177 CAD
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15235 Burbank Blvd
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