2600 Olive AveBurbank, CA 91505

  • Office properties
  • 151,704 SF
For Lease

Property Details for 2600 Olive Ave

Year built
1986
Construction
STEEL FRAME
Lot size
0.95 AC
Property size (Sq ft)
151,704 SF
Zone code
BUC4*
Property type
Office properties
Property subtype
Office buildings
APN
2484-022-011
APU
2484022011

Description

This exceptional Burbank office space at 2600 W Olive Ave, zip code 91505, offers five beautifully appointed executive suites for lease. The available spaces range in size from a compact 150 square feet to a more expansive 1,000 square feet, providing flexibility for businesses of various sizes. Located in Burbank, California, this property is ideal for professionals seeking a prestigious address in a thriving business community. The building boasts a range of amenities (details available upon request), enhancing the overall work experience. Each suite is designed for optimal productivity and comfort, making it an attractive option for entrepreneurs and established companies alike. The multiple tenancy structure allows for a diverse and dynamic work environment. This prime location in Burbank offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The property is situated at 34.159582 latitude and -118.330272 longitude. Interested parties are encouraged to inquire about lease terms and availability. This is a fantastic opportunity to secure high-quality office space in a desirable Burbank location. Contact us to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $49,445,052
    6.5%
    $45,641,588
    7%
    $42,381,472
  • Comparable approach

    Method
    Valuation
    Relative Method
    $28,848,032
    Geo Method
    $28,848,032
  • Alternative Use

    Use
    Valuation
    Residential
    $56,595,568
    Hospitality
    $51,841,236
    Educational
    $43,131,300
    Medical
    $44,614,652
    Retail
    $67,093,132
2600 Olive Ave, Burbank, California

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.1596
Longitude
-118.33
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,005,223
$10,924,200
$79,590,600
$90,514,800
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-
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FAQs

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