Ethan Donel, Alex Reyhan, and Daniel Hirth are pleased to present 2205 W. Olive Avenue, a ±2,497 SF multi-tenant mixed-use building situated on a ±5,625 SF lot in the heart of Burbank, California. Built in 1937 and strategically positioned along Olive Avenue - one of Burbank’s primary commercial corridors - the property offers excellent accessibility
throughout the city and into many surrounding communities. This asset features three distinct components: approximately ±1,100 SF of office space currently owner-occupied by Schneider & Associates Claim Services, which received a silicone roof overlay in 2023; ±597 SF of retail space leased to Crystal Coffee on a month-to-month basis; and a vacant ±800 SF studio apartment at the rear of the property that underwent extensive renovations. The apartment has new kitchen cabinetry with updated countertops and sink, new LVP flooring, new windows and sliding doors, fresh interior paint and carpet, a fully remodeled bathroom, and a newly installed wall-mounted air conditioner and wall furnace.
2205 W. Olive Avenue offers a rare opportunity for an owner-user to acquire a mixed-use asset in one of Los Angeles County’s most supply-constrained submarkets. Qualified buyers may benefit from SBA financing with as little as 10% down and can occupy the entire property or at least 51% of the building while leasing the remaining space for supplemental income. Located in the City of Burbank, businesses also benefit from a pro-business environment with no city income tax and no gross receipts tax.