Listing Agency: NAI Capital HQ m***@naicapital.com Show Phone

Listed By: Ziv Kozaski · License #CA 01195573

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:41PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital HQ

Investment Insights

Based on property information with market context.

This multifamily property at 555 East Olive Avenue is being offered after 32 years of ownership by its original builder. The asset is presented as one component of a two-property apartment portfolio and is identified as a trustee sale.

The property is located in Burbank, California, with the second portfolio building referenced at 321 South 6th Avenue.

Key Highlights

• Original builder ownership spanning 32 years
• Offered as part of a two‑property apartment portfolio
• Trustee sale opportunity

Property Analytics

Current Use

Park Verdugo Apartments Apartment Building TERMS Apartment Building Learn To Drive Today Training Center 777 Kim's Auto ... Auto Repair Shop

Suggested Use

Top Pick Tattoo & Piercing Shop Pet Grooming Service Mobile Phone Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,084

Businesses Nearby

Explore this area Business Placement

Demographics for 91501, CA

21,157

Population

8,510

Households

2.5

Avg Household Size

40

Median Age

44%

College-Educated

89%

High-School Grad

2.7 sq mi

ZIP Area

7,836

Density / Sq Mi

$85,419

Median Household Income

$55,290

Median Earnings

$2,070

Median Rent

$1,011,600

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Owner-User Flex Space

1613 W Burbank Blvd, Burbank, CA 91506

$1,460,000

2,000 SF

View details

Standalone Day Care Center

3711 W Clark, Burbank, CA 91505

$1,200,000

1,200 SF

View details

Renovated Office Building

1114 W Magnolia Boulevard, Burbank, CA 91506

$1,800,000

2,000 SF

View details

Versatile Retail-Office Workshop Space

1610 W Magnolia Boulevard, Burbank, CA 91506

$1,650,000

2,000 SF

View details

Duplex with Detached Garage

1906 Jackson Street, Burbank, CA 91504

$1,180,000

1,952 SF

View details

Vacant 4-Unit Apartment Building

1515 N Hollywood, Burbank, CA 91505

$1,525,000

2,908 SF

View details

12-Unit Tudor Apartment Buildings

455 - 457 W Elm, Burbank, CA 91506

$4,500,000

9,528 SF

View details

Tenant-Occupied Duplex with Side Yards

4001 W Verdugo AVE, Burbank, CA 91505

$1,595,000

1,723 SF

View details

Duplex with Detached Garage

1218 N Hollywood WAY, Burbank, CA 91505

$839,938

1,120 SF

View details

Four-Unit Apartment Building

1820 N Hollywood, Burbank, CA 91505

$1,275,000

2,482 SF

View details

Updated Triplex with Garages

2514 W Chandler Blvd, Burbank, CA 91505

$1,595,000

2,051 SF

View details

Burbank Flex Space For Sale

58-68 East Santa Anita Avenue, Burbank, CA 91502

$4,485,000

9,251 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Long-held apartment asset offered within a two-property portfolio.

Where is this multifamily property located?

The property is located at 555 East Olive Avenue Burbank, CA.

What are key features of this property?

This property features: Original builder ownership spanning 32 years; Offered as part of a two‑property apartment portfolio; Trustee sale opportunity