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418 S Lake St
Burbank, CA 91502
M2 Zoned Industrial owner user opportunity · Specialty Property For Sale
·
300 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 300 SF |
| Property Subtype | Contractor Storage Yard | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1974/2018 |
| Lot Size | 0.19 AC | ||
| Zoning | M2 | ||
| Property Type | Specialty |
| Property Subtype | Contractor Storage Yard |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 300 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2018 |
| Zoning | M2 |
ABOUT 418 S LAKE ST , BURBANK, CA 91502
• Ideal property for an owner user with above standard parking requirements • M2 zoned sites of industrial land have become extremely hard to find within the Burbank market which is evident by the current 2% vacancy rate for vacant M2 zoned Land within the market. • The dwindling supply of available for sale industrial M2 zoned land in Burbank, combined with increasing tenant demand, has pushed demand further north up the 5 Freeway corridor into Sun Valley. • Given the projected growth in population and employee base in Burbank, the potential industrial use at the subject site will have a very positive outlook • Rehab/development potential to convert property to higher end use • Excellent freeway access: 5 and 134 Freeway. Ideally located to provide easy access to the greater LA County market
PROPERTY TAXES
| Parcel Number | 2451-004-025 | Improvements Assessment | $22,754 |
| Land Assessment | $1,342,636 | Total Assessment | $1,365,390 |
PROPERTY TAXES
