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2221-2225 W Olive Ave
Burbank, CA 91506 Chandler Park

$4,500,000 USD

Office Residential For Sale  •  7,478 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 7,478 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1956
  • Tenancy Multiple
  • Zoning BUC2YY
35 Transit Score
81 Walk Score

Highlights

Current Cap Rate: 6.20% | Pro Forma: 7.27%
Fully Stabilized Income | 18 Total Units Across Retail, Office, and Residential Units
Diversified Revenue Stream | 11 Office Suites, 5 Retail Storefronts, and 2 Apartments
All NNN Commercial Leases | Minimal Landlord Responsibilities
Prominent Corner Exposure | High Visibility at Olive Avenue & Lincoln Street
Ample On-Site Parking | Convenient Alley Access for Tenants and Customers

Amenities

  • 24 Hour Access
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.4 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.2 mi
AirportDriveWalkDistance
Bob Hope 11 min - 5.2 mi
Los Angeles International 36 min - 26.4 mi
Long Beach (Daugherty Field) 45 min - 33.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Ethan Donel 310-986-7697 The Hirth Group
Ethan Donel 310-986-7697 The Hirth Group