217-277 S Lake St - R&D CONDO FOR SALE


Burbank, CA 91502- Rancho Adjacent
$3,725,280-$9,439,680 USD
818-858-1820
217-277 S Lake St, Burbank, CA for Sale
$3,725,280-$9,439,680 USD
R&D CONDO - FOR SALE
1/17
7,761-19,666 SF | 6.62% Cap Rate

217-277 S Lake St
Burbank, CA 91502
Rancho Adjacent


HIGHLIGHTS

  • Located within Burbank Media District with proximity to 5, 101, and 134 freeways and Burbank Metrolink Station
  • Significant capital improvements, robust electrical and HVAC systems, and secure gated site with extensive parking
  • MPAA-approved facility with institutional-grade media infrastructure including ATMOS, ADR, and screening stages

OVERVIEW

This offering presents the opportunity to acquire an ± 19,666-square-foot legal condominium within South Lake Media Park, a seven-condominium, ± 64,412-square-foot creative office and post-production complex in Burbank. The condominium may be purchased individually or in tandem with other available units within the project, providing owner-users with the flexibility to establish an immediate operating location or expand their footprint over time. Owned and operated by Roundabout Entertainment since 2013, the project is recognized as a highly specialized, well-equipped post-production environment. The MPAA-approved campus features robust electrical and HVAC infrastructure, fiber-based data connectivity and purpose-built production improvements, including ATMOS stages, screening theaters, ADR and foley facilities, color-grading suites, editing bays and other production and administrative areas. The condominium’s adaptable layout and extensive technical infrastructure make it particularly well suited for entertainment, media, technology, production, creative office and other owner-users seeking a sophisticated, move-in-ready facility that would be difficult and costly to replicate. Located on South Lake Street immediately south of Olive Avenue, the property offers convenient access to Burbank’s major studios, Hollywood and the broader Los Angeles market. The location is near the 5, 101 and 134 freeways and within walking distance of the Downtown Burbank Metrolink station. The improvements are in good condition, with well-maintained roofing, plumbing, electrical and HVAC systems.

FOR SALE DETAILS

PRICE

$3,725,280-$9,439,680 USD

CAP RATE

6.62%

# OF UNITS

5

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Manufacturing, Loft/Creative Space

TOTAL BUILDING SIZE

64,413 SF

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

179

LAND DETAILS

LAND ACRES

3.08 AC

LAND SF

134,165 SF

ZONING

M2, Burbank

APN/PARCEL ID

2451-016-021,2451-016-022,2451-016-023,2451-016-024,2451-016-025,2451-016-026,2451-016-027,2451-016-029

ASK ABOUT THIS PROPERTY

Christopher BaerAvison YoungMore Info
818-858-1820

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Christopher BaerAvison YoungMore Info
818-858-1820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.