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Thursday, Apr 18, 2024

Burbank Music Studio Sells for $3.4 Million

A private owner/user has purchased a music studio in Burbank for $3.35 million. Located at 435 S. San Fernando Blvd. in the heart of the East San Fernando Valley’s media district, the freestanding 6,875-square-foot recording studio structure was built in 1927. The studio also features a 2,035-square-foot tracking room, 675-square-foot control room and four isolation booths. Ocean Studios California LLC sold the building. The property was completely vacant at the time of the sale. Senior Vice President Adam Comora with NAI Capital’s Encino office represented the buyer. The new owner plans to occupy the building for their business. “We are still seeing strong demand from users to purchase creative buildings in Burbank’s media district,” Comora said in a statement. “The East San Fernando Valley in particular is one of the most sought after submarkets in the region. Good product is in short supply.”

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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