2225 Olive AveBurbank, CA 91506

Property Details for 2225 Olive Ave

Year built

1939

Lot size

0.11 AC

Property size (Sq ft)

3,622 SF

Zone code

BUC2YY

Property type

Investment properties

Property subtype

Live-work space

APN

2444-006-001

APU

2444006001

Description

This ±539 sq ft single-tenant retail space at 2225 W. Olive Ave, Burbank, CA 91506, is situated on a corner lot (10,100 sq ft total lot size) offering exceptional visibility and signage opportunities. Built in 1934 and recently renovated, the space boasts recess lighting, new flooring, and a private bathroom. Its location in Burbank's highly desirable submarket provides unparalleled access to the city's thriving media and entertainment industry, home to major players like Disney and Warner Brothers. The property benefits from high traffic counts along W. Olive Avenue and Lincoln Street, ensuring significant foot and vehicle traffic. The BUC2YY zoning allows for versatile use. Easy freeway access via the 134 and 5 freeways provides convenient commutes to neighboring cities including Glendale, Toluca Lake, North Hollywood, and Hollywood. This is a rare opportunity to secure a well-located, renovated retail space in the heart of Burbank's dynamic commercial landscape. The one-story building offers a single tenancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,180,522

  6.5%

  $1,089,713

  7%

  $1,011,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $688,760

  Geo Method

  $688,760

• Alternative Use

  Use

  Valuation

  Residential

  $1,351,244

  Hospitality

  $1,237,732

  Educational

  $1,029,779

  Medical

  $1,065,194

  Retail

  $1,601,878

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.1632

Longitude

-118.328

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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