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2221-2225 W Olive Ave 7,478 SF 100% Leased Office Building Burbank, CA 91506 $6,221,250 CAD ($831.94 CAD/SF) 6.20% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Current Cap Rate: 6.20% | Pro Forma: 7.27%
  • Diversified Revenue Stream | 11 Office Suites, 5 Retail Storefronts, and 2 Apartments
  • Prominent Corner Exposure | High Visibility at Olive Avenue & Lincoln Street
  • Fully Stabilized Income | 18 Total Units Across Retail, Office, and Residential Units
  • All NNN Commercial Leases | Minimal Landlord Responsibilities
  • Ample On-Site Parking | Convenient Alley Access for Tenants and Customers

EXECUTIVE SUMMARY

The Hirth Group’s team comprised of Ethan Donel, Alex Reyhan, and Daniel Hirth have been exclusively retained by ownership to present 2221–2225 W. Olive Avenue, a fully occupied multi-tenant mixed-use investment opportunity featuring retail, office, and residential units in the heart of Burbank, California.

Situated on two contiguous parcels totaling ±10,100 SF of land, the property encompasses ±7,478 SF of building with eleven (11) office suites, five (5) retail storefronts, and two (2) apartment units. All commercial tenants operate on NNN leases, providing investors with a diversified and stable income stream. The asset has been meticulously maintained and offers significant upside potential through rent adjustments and tenant repositioning, with a projected pro forma yield of 7.27%. In addition, the property’s strong current CAP rate of 6.20% offers an attractive in-place return rarely found in the Burbank market.

Ideally positioned along Olive Avenue just minutes from the 134 Ventura Freeway, the property benefits from strong visibility and seamless access throughout the San Fernando Valley. Located within the “Media Capital of the World,” this offering sits at the center of a thriving creative and entertainment hub anchored by Disney, Warner Bros., and NBC Universal. Continued investment in the area - including Warner Bros.’ Ranch Lot expansion and the $1.1 billion Burbank Airport modernization - underscores the city’s long-term growth trajectory.

With limited supply of comparable multi-tenant assets and consistently high tenant demand, 2221–2225 W. Olive Avenue represents a rare opportunity to acquire a stable, income-producing property with immediate value-add potential in one of Southern California’s most resilient and desirable submarkets.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,478 SF
Building Class
C
Year Built
1956
Price
$6,221,250 CAD
Price Per SF
$831.94 CAD
Cap Rate
6.20%
NOI
$385,958 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,739 SF
Slab To Slab
11’
Building FAR
0.75
Lot Size
0.23 AC
Zoning
BUC2YY - Commercial
Parking
14 Spaces (1.87 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2444-006-001
  • 2444-006-022
Land Assessment
$2,736,201 CAD
Improvements Assessment
$1,216,088 CAD
Total Assessment
$3,952,289 CAD
  • Listing ID: 38521048

  • Date on Market: 2025-11-20

  • Last Updated:

  • Address: 2221-2225 W Olive Ave, Burbank, CA 91506

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