Opportunity is knocking! Major fixer opportunity above Glenoaks with incredible development potential. See attached Plans for 2 NEW ADU's and NEW Duplex. The existing home offers 1,304 SF and sits on an R4-zoned lot. According to the City of Burbank, the property may allow for the construction of four 2-bedroom units — including two single-story units and two two-story units (buyer to verify with the city). Plans have been started and provided to buyer. A rare chance for investors, developers, or owner-users looking to maximize value in a highly desirable location. Cash offers only. Being sold as Land Value. See attached Plans for 2 NEW ADU's and NEW Duplex
This flat triangular parcel has limited uses. It is R3 so could be used well in combination with adjacent properties. There is an easement on a portion of the property. Buyer should check with the city concerning planned uses. Street access may be obstructed by easements and may require some work around. The lot dimension are 14 by 94 by 55 by 97.
3001 Empire Avenue is a surface parking lot with approximately 186 parking spaces. It can be purchased with 3000 Empire (currently improved with a functional +/-60,443 sf industrial/office building) and 2220 Fairview Avenue (a surface parking lot with 26 parking spaces). The three parcels total +/-121,308 square feet of land in the heart of Burbank, California. 3000 Empire is partially owner-occupied with different components leased to third-party tenants under short-term leases with owner-cancellation rights, providing flexibility for a buyer to reposition the property, or for a developer to phase out operations as entitlements advance.
3001 Empire Avenue is a surface parking lot with approximately 186 parking spaces. It can be purchased with 3000 Empire (currently improved with a functional +/-60,443 sf industrial/office building) and 2220 Fairview Avenue (a surface parking lot with 26 parking spaces). The three parcels total +/-121,308 square feet of land in the heart of Burbank, California. 3000 Empire is partially owner-occupied with different components leased to third-party tenants under short-term leases with owner-cancellation rights, providing flexibility for a buyer to reposition the property, or for a developer to phase out operations as entitlements advance.
3000 Empire is improved with a functional +/-60,443 square foot industrial/office building. It is partially owner-occupied with different components leased to third-party tenants under short-term leases with owner-cancellation rights, providing flexibility for a buyer to reposition the property, or for a developer to phase out operations as entitlements advance. 3000 Empire Avenue can be purchased with two additional parking lots for a total land square footage of +/-121,308 square feet of land located at 3000 & 3001 Empire Avenue and 2220 Fairview Avenue in the heart of Burbank, California.
3001 Empire Avenue is a surface parking lot with approximately 186 parking spaces. It can be purchased with 3000 Empire (currently improved with a functional +/-60,443 sf industrial/office building) and 2220 Fairview Avenue (a surface parking lot with 26 parking spaces). The three parcels total +/-121,308 square feet of land in the heart of Burbank, California. 3000 Empire is partially owner-occupied with different components leased to third-party tenants under short-term leases with owner-cancellation rights, providing flexibility for a buyer to reposition the property, or for a developer to phase out operations as entitlements advance.
Burbank is located in California. Burbank, California has a population of 107,364. Burbank is less family-centric than the surrounding county with 30.12% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Burbank, California is $82,246. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Burbank is 39.5 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.
