2920 Olive AveBurbank, CA 91505

Property Details for 2920 Olive Ave

Year built

1958

Lot size

0.39 AC

Property size (Sq ft)

10,270 SF

Zone code

BUC4YY

Property type

Office buildings

APN

2484-023-009

APU

2484023009

Description

This exceptional executive office suite, located at 2920 W Olive Ave in Burbank, California, presents a fantastic opportunity for businesses seeking a prestigious and efficient workspace. The property is situated in Los Angeles County, zip code 91505, offering easy access to major transportation routes and amenities. The suite itself boasts a total building square footage of 331 square feet, with 331 square feet currently vacant and immediately available for lease. The space is categorized as a multi-tenant building, providing a professional and collaborative environment. While the individual suite size is flexible, ranging from 264 to 441 square feet, this allows for customization to meet specific business needs. This is an ideal location for a small business or professional seeking a well-maintained and conveniently located office in the thriving Burbank market. The property type is classified as an office, specifically an executive office suite, ensuring a high level of professionalism and sophistication. The address is easily accessible and well-suited for client meetings and daily operations. This turnkey solution eliminates the need for extensive build-out, allowing businesses to focus on their core operations from day one. The property is ready for immediate occupancy. Contact us today to schedule a viewing and secure this exceptional Burbank office space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,347,312

  6.5%

  $3,089,827

  7%

  $2,869,125

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,952,943

  Geo Method

  $1,952,943

• Alternative Use

  Use

  Valuation

  Residential

  $3,831,385

  Hospitality

  $3,509,528

  Educational

  $2,919,886

  Medical

  $3,020,306

  Retail

  $4,542,046

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.1574

Longitude

-118.333

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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