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2400 W Olive Ave
Burbank, CA 91506
Retail Property For Sale
Investment Highlights
- Located One Block From Disney Studios And Providence St. Joseph Medical Center
- Durable Concrete-Block Construction With Newer Solar Panel System
- Convenient Access To I-5, 134, And 170 Freeways For Regional Connectivity
- Prominent Corner Visibility Along W. Olive Avenue And S. Brighton Street
- Ideal For Medical, Retail, Professional, Or Media-Related Uses
- Includes Eight Tandem Parking Spaces With Rear Alley Access
Executive Summary
This rare freestanding office/retail building offers an exceptional opportunity in the highly desirable Burbank Media Center. Positioned on a prominent corner at W. Olive Avenue and Brighton Street, the property delivers excellent visibility and convenient access. Located just one block from Disney Studios and Providence St. Joseph Medical Center, and in close proximity to NBC, Warner Bros., Universal Studios, and the vibrant Toluca Lake neighborhood, this site is surrounded by major entertainment and professional services. The 2,848 SF structure is built with durable concrete-block construction and features a newer roof-mounted solar panel system, providing energy efficiency. Zoned BUC2, the property supports a range of potential uses such as dental/medical clinic, legal or professional offices, media-related production, or retail operations. Easy ingress and parking are facilitated by a rear alley and eight tandem parking spaces. Immediate freeway connectivity to I-5, 134, and 170 enhances accessibility for clients and employees.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,848 SF
Building Class
C
Year Built
1973
Price
$2,775,000
Price Per SF
$974.37
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
0.11 AC
Zoning
C2, Burbank - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
8 Spaces (2.81 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 2444-019-017 | Improvements Assessment | $217,793 |
| Land Assessment | $807,136 | Total Assessment | $1,024,929 |
Property Taxes
Parcel Number
2444-019-017
Land Assessment
$807,136
Improvements Assessment
$217,793
Total Assessment
$1,024,929
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