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600 E Olive Ave
Burbank, CA 91501 Burbank

Price Upon Request

Apartments For Sale  •  88,330 SF

Property Details

  • Property Type Apartments
  • Total Building Size 88,330 SF
  • Lot Size 1.07 AC
  • Building Class B
  • Year Built 1973
  • Zoning BUR4*
40 Transit Score
60 Walk Score

Highlights

Price Reduced by $1,300,000!
Spacious apartment homes averaging 1,282 square feet
Value-Add Opportunity: $375/unit/month rental upside
Attractive Going-In Cap Rate: 5.7% on in-place rent roll; 6.7% cap rate at market rent with light renovation
89 Walk Score: Very walkable
Prime Burbank Location with Close Access to Warner Bros. and The Walt Disney Company Studios

Amenities

  • Air Conditioning
  • Balcony
  • Business Center
  • Cable Ready
  • Clubhouse
  • Courtyard
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Gated
  • Recycling
  • Ceiling Fans
  • Granite Countertops
  • High Speed Internet Access
  • Stainless Steel Appliances
  • Walk-In Closets
  • Carpet
  • Lounge
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 3 min 15 min 0.8 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 3.4 mi
AirportDriveWalkDistance
Bob Hope 10 min - 6.2 mi
Los Angeles International 40 min - 20.4 mi
Long Beach (Daugherty Field) 45 min - 32.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes