ActiveCommercial · sale

915 W Olive W

Burbank, CA 91506

$1,499,000

  • Built 1960

Listed by BHHS California Properties · MLS #P1-28652

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1960.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Offered for the First Time in 37 Years - Vacant Burbank Mixed-Use Owner/User Opportunity.Unique mixed-use owner/user or investment opportunity in Burbank. Approx. 3,700 SF building situated on a 5,094 SF street-to-alley lot, offering a versatile combination of commercial and residential space.The property includes approx. 2,550 SF of ground-floor commercial/office space and an approx. 1,150 SF two-bedroom residential unit upstairs. The commercial portion features multiple office/work areas, three restrooms, workshop/storage space and a roll-up loading door. Previously occupied by a printing business, the flexible configuration may accommodate a variety of professional, creative, production, design or service-oriented uses. Potential may also exist to divide the commercial area into two or three separate spaces, subject to buyer investigation and City approvals.The lot extends from W. Olive Avenue to the rear alley, providing convenient access from both ends. Five striped on-site parking spaces plus potential tandem parking provide added flexibility for an owner/user, employees, clients or residents.The upstairs two-bedroom unit includes a living room, dining area, kitchen and full bath, creating an opportunity to operate a business below while occupying the residence above or potentially leasing it for additional income.Both commercial and residential portions are vacant and ready for renovation and updating, allowing a buyer to configure the property to suit their business, residential or investment objectives. Excellent visibility along W. Olive Avenue with convenient access to Burbank's major employment, studio and entertainment centers.Trust/inheritance sale. Property is being sold in its present AS-IS condition. Seller has limited knowledge of the property and will make no repairs, improvements or updates. Offers containing loan and/or appraisal contingencies may not be considered.Buyer to independently investigate and verify square footage, lot size, zoning, permitted uses, parking, potential division of commercial space and all other aspects of the property.

THE NEIGHBORHOOD

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915 W Olive W, Burbank, CA 91506

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1960
Cooling
CentralAir,WallWindowUnits
Heating
WallFurnace
Fencing
ChainLink
Parcel
2446026005
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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915 W Olive W, Burbank, CA 91506 · MLS #P1-28652

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Listing information

MLS #P1-28652 · California Regional MLS

Listing brokerage: BHHS California Properties
Listing agent: Sonia Navarrete

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.