308 W Verdugo Ave 308 W Verdugo Ave Burbank, CA 91502 For more information contact: Cindy Hill, CCIM Senior Vice President 818.846.1611
[email protected] 00885625 Mark Maccalupo Senior Associate 818.432.1601
[email protected] 01930952 ● Legendary Production Office Building located in the Media Capital of the World ● Sale Includes: Production Office with 16,500 Sqft on a 21,522 Sqft Gated Lot with approximately 24 Parking Spaces ● Current Tenants Paying Above Market Rents Until October 31, 2017; Improvements On-Site as Recent as 2016 ● Priced to Sell at $5,100,000 | $309 per Sqft! ● This property can be purchased with or without an additional parking lot with appx 24 spaces on Victory Blvd zoned C-4 Phone: 818-432-1500 ● Fax: 818-432-1501 ● 4061 Laurel Canyon Blvd. ● Studio City, CA 91604 ● www.valleyapartmentsales.com 308 W Verdugo Ave Burbank, CA 91502 REAL ESTATE INVESTMENT Analysis Analysis Date June 2017 Property Property 308 W Verdugo Ave Property Address 308 W Verdugo Ave Burbank, CA 91502 Year Built 1980 Purchase Information Financial Information Property Type Commercial All Cash Purchase Price $5,100,000 Tenants 1 Total Rentable Sq. Ft. 16,500 Loans Type Debt Term Amortization Rate Payment LO Costs All Cash Income & Expenses Contact Information Gross Operating Income $648,888 Cindy Hill, CCIM Monthly GOI $54,074 818.846.1611 Total Annual Expenses ($84,890)
[email protected] Monthly Expenses ($7,074) 00885625 Mark Maccalupo 818.432.1601
[email protected] 01930952 p. 2 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.