2400 W Olive Ave - Retail FOR SALE


Burbank, CA 91506- Rancho Adjacent
$1,800,000 USD
818-519-1429
2400 W Olive Ave, Burbank, CA for Sale
$1,800,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

2400 W Olive Ave
Burbank, CA 91506
Rancho Adjacent


HIGHLIGHTS

  • Rare Owner-User OR Investment Opportunity - Delivered vacant, offering flexibility for immediate occupancy or repositioning for long-term cash flow
  • Freestanding Retail Building - 2,848 SF structure on a 4,703 SF corner lot in prime Burbank
  • Recent Upgrades Throughout - New Roof, New Solar Panels with Backup Battery, and Relatively New AC Units
  • Corner Visibility – Nearest Signalized intersection with over 24,000 VPD provides outstanding exposure and signage potential
  • On-Site Parking – 8 surface parking spaces with dual access points; a significant advantage for tenants and customers alike
  • Proximity to Major Studios – Less than 1.5 miles from Warner Bros. Studios, Walt Disney Studios, Burbank Studios, and Universal Studios

OVERVIEW

Matthew Luchs of Zacuto Group and Mike Hanassab and Elliot Hassan of Northmarq have been exclusively selected to market the sale of 2400 West Olive Avenue, a 2,848-square-foot, commercial building situated on a 4,703-square-foot corner lot in the heart of Burbank, California. This highly visible asset presents a rare opportunity for an owner-user or investor to acquire a well-positioned building in one of the most coveted and supply-constrained submarkets in Los Angeles County. The property will be delivered 100% vacant at the close of escrow, providing flexibility for a wide range of potential uses including retail, professional office, creative space, or boutique medical. Zoned BUC2 (Burbank Commercial Limited Business), the site supports multiple commercial applications that align with the city’s vision for pedestrian-friendly, community-serving business corridors. 2400 W Olive features 8 on-site parking spaces, rare for a building of this size, with access from both W Olive Avenue and S Brighton Street. Located at the intersection of W Olive Avenue and S Brighton St, the property enjoys strong vehicular visibility with over 24,000 vehicles per day. It is surrounded by a vibrant mix of national retailers, locally loved eateries, and major studio campuses including Warner Bros., The Walt Disney Company, and NBC Universal. The area is anchored by a dense daytime population and high household incomes, making it one of the most commercially robust locations in the region. This offering represents a unique opportunity to acquire a high-exposure commercial asset in a thriving creative and professional ecosystem, with immediate upside potential through occupancy or repositioning.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$610 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

CORNER RETAIL CLOSE TO STUDIOS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,703 SF

ZONING

C2, Burbank

APN/PARCEL ID

2444-019-017

ASK ABOUT THIS PROPERTY

Matthew LuchsZacuto GroupMore Info
818-519-1429

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Matthew LuchsZacuto GroupMore Info
818-519-1429

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