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217-277 S Lake St 7,761 - 19,666 SF Industrial Condo Units Offered at $5,228,803 - $13,249,535 CAD Per Unit in Burbank, CA 91502
Investment Highlights
- Located within Burbank Media District with proximity to 5, 101, and 134 freeways and Burbank Metrolink Station
- MPAA-approved facility with institutional-grade media infrastructure including ATMOS, ADR, and screening stages
- Significant capital improvements, robust electrical and HVAC systems, and secure gated site with extensive parking
Executive Summary
217 & 227 S Lake Street is immediately adjacent to Burbank’s esteemed Media District, this property stands as a true gem, offering and a prime location. Known as the “Media Capital of the World,” Burbank is a major hub for the entertainment industry. It is home to several major film and television studios, including Warner Bros., Walt Disney Studios, Nickelodeon, Netflix and NBC/Universal. The city’s close proximity to Hollywood has contributed to its significance in the entertainment world. Near the 5, 101, and 134 freeways and walking distance from Burbank Metrolink, the property ensures exceptional connectivity to Burbank, Hollywood, and the broader Los Angeles market.
5 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 54 |
| Cap Rate | 6.62% | APN/Parcel ID | 2451-016-021, 2451-016-022 |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 54 |
| APN/Parcel ID | 2451-016-021, 2451-016-022 |
Sale Notes
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.
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.
| Sale Type | Owner User | No. Parking Spaces | 28 |
| Cap Rate | 6.62% | APN/Parcel ID | 2451-016-023 |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 28 |
| APN/Parcel ID | 2451-016-023 |
Sale Notes
This offering presents the opportunity to acquire an ± 9,754-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.
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.
| Sale Type | Owner User | No. Parking Spaces | 27 |
| Cap Rate | 6.62% | APN/Parcel ID | 2451-016-024 |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 27 |
| APN/Parcel ID | 2451-016-024 |
Sale Notes
This offering presents the opportunity to acquire an ± 9,738 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.
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.
| Sale Type | Owner User | No. Parking Spaces | 22 |
| Cap Rate | 8.31% | APN/Parcel ID | 2451-016-025 |
| Sale Type | Owner User |
| Cap Rate | 8.31% |
| No. Parking Spaces | 22 |
| APN/Parcel ID | 2451-016-025 |
Sale Notes
This offering presents the opportunity to acquire an ± 7,761-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.
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.
| Sale Type | Owner User | No. Parking Spaces | 27 |
| Cap Rate | 6.62% | APN/Parcel ID | 2451-016-026 |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 27 |
| APN/Parcel ID | 2451-016-026 |
Sale Notes
This offering presents the opportunity to acquire an ±9,745-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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 217/227 | 19,666 SF | Industrial | $13,249,535 CAD ($673.73 CAD/SF) | $877,781.64 CAD |
| Unit 237 | 9,754 SF | Industrial | $6,571,543 CAD ($673.73 CAD/SF) | $435,159.35 CAD |
| Unit 247 | 9,738 SF | Industrial | $6,560,763 CAD ($673.73 CAD/SF) | $434,445.54 CAD |
| Unit 257 | 7,761 SF | Industrial | $5,228,803 CAD ($673.73 CAD/SF) | $434,445.54 CAD |
| Unit 267 | 9,745 SF | Industrial | $6,565,479 CAD ($673.73 CAD/SF) | $434,445.54 CAD |
Unit 217/227
| Unit Size |
| 19,666 SF |
| Condo Use |
| Industrial |
| Price |
| $13,249,535 CAD ($673.73 CAD/SF) |
| NOI |
| $877,781.64 CAD |
Unit 237
| Unit Size |
| 9,754 SF |
| Condo Use |
| Industrial |
| Price |
| $6,571,543 CAD ($673.73 CAD/SF) |
| NOI |
| $435,159.35 CAD |
Unit 247
| Unit Size |
| 9,738 SF |
| Condo Use |
| Industrial |
| Price |
| $6,560,763 CAD ($673.73 CAD/SF) |
| NOI |
| $434,445.54 CAD |
Unit 257
| Unit Size |
| 7,761 SF |
| Condo Use |
| Industrial |
| Price |
| $5,228,803 CAD ($673.73 CAD/SF) |
| NOI |
| $434,445.54 CAD |
Unit 267
| Unit Size |
| 9,745 SF |
| Condo Use |
| Industrial |
| Price |
| $6,565,479 CAD ($673.73 CAD/SF) |
| NOI |
| $434,445.54 CAD |
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Unit 217/227
| Unit Size | 19,666 SF |
| Condo Use | Industrial |
| Price | $13,249,535 CAD ($673.73 CAD/SF) |
| NOI | $877,781.64 CAD |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 54 |
| APN/Parcel ID | 2451-016-021, 2451-016-022 |
| Sale Notes | |
| 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.<br> 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.<br> 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.</li></ul> |
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Unit 237
| Unit Size | 9,754 SF |
| Condo Use | Industrial |
| Price | $6,571,543 CAD ($673.73 CAD/SF) |
| NOI | $435,159.35 CAD |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 28 |
| APN/Parcel ID | 2451-016-023 |
| Sale Notes | |
| This offering presents the opportunity to acquire an ± 9,754-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.<br> 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.<br> 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.</li></ul> |
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Unit 247
| Unit Size | 9,738 SF |
| Condo Use | Industrial |
| Price | $6,560,763 CAD ($673.73 CAD/SF) |
| NOI | $434,445.54 CAD |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 27 |
| APN/Parcel ID | 2451-016-024 |
| Sale Notes | |
| This offering presents the opportunity to acquire an ± 9,738 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.<br> 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.<br> 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.</li></ul> |
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Unit 257
| Unit Size | 7,761 SF |
| Condo Use | Industrial |
| Price | $5,228,803 CAD ($673.73 CAD/SF) |
| NOI | $434,445.54 CAD |
| Sale Type | Owner User |
| Cap Rate | 8.31% |
| No. Parking Spaces | 22 |
| APN/Parcel ID | 2451-016-025 |
| Sale Notes | |
| This offering presents the opportunity to acquire an ± 7,761-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.<br> 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.<br> 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.</li></ul> |
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Unit 267
| Unit Size | 9,745 SF |
| Condo Use | Industrial |
| Price | $6,565,479 CAD ($673.73 CAD/SF) |
| NOI | $434,445.54 CAD |
| Sale Type | Owner User |
| Cap Rate | 6.62% |
| No. Parking Spaces | 27 |
| APN/Parcel ID | 2451-016-026 |
| Sale Notes | |
| This offering presents the opportunity to acquire an ±9,745-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.<br> 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.<br> 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.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Fenced Lot
- Fitness Center
- Security System
- Signage
- Reception
- Storage Space
- Car Charging Station
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Breakroom
- Backup Power / Generators
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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217-277 S Lake St
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