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10442 Burbank Blvd 3 092 pi² Bureau Immeuble North Hollywood, CA 91601 3 836 841 $ CAD (1 240,89 $ CAD/pi²) 6,01% Taux de capitalisation

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Faits saillants de l'investissement

±3,092 SF creative production facility purpose built for professional recording, editing, and content creation
Fully approved LADBS plans for a three-room ±670 SF addition, with projected incremental income of up to $6,500 per month
Seven years of proven operating history with low vacancy and stable cash flow

Improved with 10 soundproof and acoustically treated studios, creating a premium, functional environment for creative users
Turnkey, low maintenance asset: suited for either long term creative or production tenants or flexible tenancy for owner-user

Résumé de l'annonce

10442 Burbank Boulevard is a fully modernized, state of the art creative production facility comprising 10 luxury, sound isolated and acoustically treated studios, strategically positioned at the North Hollywood–Burbank border, one of Southern California’s most established and supply constrained production hubs. In 2022, the property underwent a comprehensive redevelopment further solidifying its presence within the local creative ecosystem.
The building was purpose-built to meet the evolving demands of today’s content creators, featuring advanced soundproofing assemblies, premium acoustic treatments, and individually climate controlled studios optimized for recording, editing, and full scale production workflows.
As part of the redevelopment, all major building systems were replaced or upgraded. The structure was stripped to the studs and rebuilt, including new plumbing fixtures, all new electrical wiring with Title 24 compliant lighting, individual mini split HVAC systems for each studio, and a new torch down roof. High end commercial finishes, modern lighting, custom tilework, and designer details throughout create a refined, professional environment tailored to long term creative tenants.
Additionally, 10442 Burbank includes a compelling value add component, with approved LADBS plans for a three room, ±670 SF addition designed specifically to accommodate high demand “420 friendly” studio tenants, without impacting the smoke free environment of the existing improvements. These additional units are projected to increase monthly income by up to $6,500, enhancing both near term cash flow and long term value.