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2101 W Olive Ave 11,521 SF Industrial Building Burbank, CA 91506 $3,950,000 ($342.85/SF)
Investment Highlights
- 15,359 Sq. Ft. Land Parcel w/Redevelopment Potential
- Incredible Demographics - $140K+ Household Income in 1 Mi. Radius
- Creative Office Conversion Potential
- Located Between Burbank Media and Rancho Districts
- True Office/Flex Building w/Yard & Parking
- Within 1/2 Mile of Proposed Metro BRT Station
Executive Summary
Owner/User or Redevelopment Opportunity in the Heart of Burbank
Situated Between the Media and Rancho Districts, this freestanding
11,521 SF building is ideal for a Creative Office Conversion or possible
SB 79 Redevelopment Project*. Currently occupying a 15,359 SF lot,
the building is configured as an Industrial Flex Building with 2,400 SF
dedicated warehouse space, 3 loading doors, 3 large bullpen/storage
areas, 17 private offices, 8 restrooms, conference room, kitchenette, and
full air conditioning. Located at the NW corner of Olive Ave + Keystone
St, 5 Blocks east of Buena Vista St, the area demographics – boasting
$140,000+ annual household income, more than justify the site’s
redevelopment potential.
*Buyer to Verify any Specific Use or Proposed Redevelopment Project with the City of Burbank
Situated Between the Media and Rancho Districts, this freestanding
11,521 SF building is ideal for a Creative Office Conversion or possible
SB 79 Redevelopment Project*. Currently occupying a 15,359 SF lot,
the building is configured as an Industrial Flex Building with 2,400 SF
dedicated warehouse space, 3 loading doors, 3 large bullpen/storage
areas, 17 private offices, 8 restrooms, conference room, kitchenette, and
full air conditioning. Located at the NW corner of Olive Ave + Keystone
St, 5 Blocks east of Buena Vista St, the area demographics – boasting
$140,000+ annual household income, more than justify the site’s
redevelopment potential.
*Buyer to Verify any Specific Use or Proposed Redevelopment Project with the City of Burbank
Property Facts
Amenities
- Front Loading
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2444-007-004 | Improvements Assessment | $388,888 |
| Land Assessment | $430,844 | Total Assessment | $819,732 |
Property Taxes
Parcel Number
2444-007-004
Land Assessment
$430,844
Improvements Assessment
$388,888
Total Assessment
$819,732
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2101 W Olive Ave