Property profile

2920 Olive Ave Burbank, CA 91505

OFF-MARKET
Office buildings
Property ID
US09-6790875
10,270 SF 0.39 ac lot Built 1958
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1958
Total area 10,270 SF
Lot 0.39 ac (17,200 SF)
Zoning code BUC4YY
APN 2484-023-009
UPID US09-6790875

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Consultant
  • Medical Laboratory
  • Law Firm
  • Home Health Care Service

Location

2920 Olive Ave Burbank, CA 91505-4547
Burbank metro Census 311601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.03M

Owner & transaction history

since 2003
2 recorded transactions
2003
Price N/A
2002
Price N/A

Zoning & alternative use

BUC4YY · Burbank, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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