Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

724 S Glenoaks Blvd - SELLER FINANCING AVAILABLE !!! 10,256 SF Specialty Building Offered at $6,883,899 CAD at a 4.35% Cap Rate in Burbank, CA 91502

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Seller Financing, Special Financing for Church Property Purchase, Private School, Day Care Center for Adults and/or children.

EXECUTIVE SUMMARY

Seller Financing Also is Available!!!
One of a kind, unique opportunity for sale. If you were looking to relocate your church, school, care facility or looking to expand your current business into a special purpose property with over 17,000 sq ft of lot and over 10,000 sq ft of building space then this might be just the right property for you. Plenty of city approved private parking behind the buildings and at the front covered by grass.
Property is currently occupied by Calvary Baptist Church and may be delivered vacant or leased back.
Please email GlendaleBroker@gmail.com for more information and details.
Calvary Baptist Church – Property Overview
Location: Elmwood Ave & Glenoaks Blvd, Burbank, CA
Prime Location Highlights
• Corner lot in desirable Burbank, near Glendale
• Excellent visibility along Glenoaks Blvd
• Close proximity to Burbank Media Center and major freeways
• Easily accessible via public transportation
__________________
Main Church Building Features
• Formal Entry Hall with private offices on both sides
• Nave & Chancel: Traditional worship layout with ample seating
• Choir Balcony: Includes five pews and a loft storage area
• Quiet Room: Directly connected to the worship area
• Multi-Use Meeting Space: Ideal for classes, Bible study, or community gatherings
• Additional Amenities:
o Music room
o Baptismal area
o Private rooms for pastoral care or counseling
____________________
Detached Daycare Center
• Toddler and Educational Classrooms
• Bathrooms and Kitchen Area
• Teacher’s Room
• Upstairs Community Room with:
o Two Study Rooms
o Lavatory
_____________________
Zoning & Development Opportunity
• Zoned R4 – Multifamily residential
• Lot Size: 17,510 sq ft (per city records)
• Building Size:
o 7,957 sq ft (City Records)
o 10,256 sq ft (Appraiser Measurement)
• Base Density: 12.5 units (17,510 ÷ 1,400)
• Density Bonus:
o With 15% (2 units) at Very Low Income, qualify for 50% bonus density
o Final total: 20 units allowed (rounded from 19.5)
• Access: Alley access offers added convenience for development and parking
______________________
Potential Uses
• Place of Worship
• Educational Facility
• Private School
• Adult Day Care Center (ADHC)
• Daycare Center / Family Daycare Home
• Community Care Facility
• Nursing Home
• Supportive Housing Services
• Multifamily Development (up to 20 units)
• Senior Care and Assisting Living
• RCFE ( Residential Care Facility for the Elderly)
• Home Care & Hospice
• Residential Assisted Living
• Board and Home Care
• Medical Office
• Urgent Care

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $297,384 $29.00

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $297,384
Annual Per SF $29.00

PROPERTY FACTS

Price $6,883,899 CAD
Price Per SF $671.21 CAD
Sale Type Investment or Owner User
Cap Rate 4.35%
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Build to Suit
  • Lease Option
  • Redevelopment Project
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Schools
  • Specialty Sorority Fraternity House
  • Specialty Shelter
Building Class C
Lot Size 0.40 AC
Building Size 10,256 SF
No. Stories 2
Year Built 1944
Parking Ratio 0.98/1,000 SF
Zoning BUR4 - Religious/Church

AMENITIES

  • Bus Line
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5621-024-013
Land Assessment
$151,402 CAD (2025)
Improvements Assessment
$284,958 CAD (2025)
Total Assessment
$436,360 CAD (2025)
  • Listing ID: 36723003

  • Date on Market: 2025-07-14

  • Last Updated:

  • Address: 724 S Glenoaks Blvd, Burbank, CA 91502

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}