500 E Olive Ave | Burbank, CA 91501
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- LoopNet Team
500 E Olive Ave
Burbank, CA 91501
500 East Olive Avenue · Office Property For Sale
INVESTMENT HIGHLIGHTS
- TROPHY 90% LEASED OUTPATIENT MEDICAL BUILDING WITH STABLE CASH FLOW AND HUGE UPSIDE - BURBANK, CA
- WELL LOCATED IN EAST SAN FERNANDO VALLEY WITH IMMEDIATE ACCESS TO I-5 FREEWAY
- TOP OUTPATIENT MEDICAL MARKET IN METRO LA AREA
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
49,721 SF
Building Class
B
Year Built
1971
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
6,215 SF
Building FAR
0.74
Lot Size
1.55 AC
Zoning
R-4 - High Density Residential
Parking
70 Spaces (1.41 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 2455-022-031 | Improvements Assessment | $6,050,000 |
| Land Assessment | $5,000,000 | Total Assessment | $11,050,000 |
PROPERTY TAXES
Parcel Number
2455-022-031
Land Assessment
$5,000,000
Improvements Assessment
$6,050,000
Total Assessment
$11,050,000
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