For Sale $40,645,000
Property Type Office - General Office
Property Size 64,413 SF
Lot Size 3.08 Acre
Additional Rent Contact for pricing
Building Class B
Year Built 1960
Year Renovated 2012
Date Updated Sep 7, 2024

The Property’s strategic location ensures easy accessibility to Burbank, Hollywood, and the broader Los Angeles area. The immediate vicinity is well-connected to major commuter routes, providing swift access to and from the 5 Freeway, as well as being in close proximity to the 101 and 134 Freeways.Avison Young is pleased to present the opportunity to acquire 217-277 Lake Street. The property which was converted to a seven (7) unit condominium project in 2012 is 100% occupied by Roundabout Entertainment, an industry leading post production facility. The building contains a total square footage of ± 64,413 SF and sits on two land parcels spanning ± 3.08 Acres. The project is an MPAA approved facility, containing multiple ATMOS stages, screening theaters, ADR, foley, color grading and edit bays. Owned and operated since 2013 by the Seller, Roundabout Entertainment, the opportunity is recognized as among the best facilities of it’s kind in the world. The Property will be delivered fully leased to Roundabout Entertainment pursuant to a new ten-year, Triple Net Lease.

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Attachments

Offering Memorandum (PDF) opens in new window

Contacts

Christopher Bonbright

Avison Young

Location

Getting Around

Walk Score ®
77/100 Very Walkable
Transit Score ®
54/100 Good Transit
Bike Score ®
66/100 Bikeable

Map
Street

City Burbank, CA
Neighborhood Burbank
Zip Code 91502
Market Los Angeles

Points of Interest

Downtown Burbank

0.31 miles
Burbank Airport–South

2.62 miles
North Hollywood

3.63 miles
Universal City/Studio City

3.69 miles
RideShare Pickup/Dropoff Point

3.87 miles
Vermont/Sunset Entrance

5.40 miles
Vermont/Santa Monica North Entrance

5.92 miles
Vermont/Santa Monica South Entrance

6.03 miles
Vermont/Beverly

6.87 miles
Farmer's Market

7.54 miles

Valero

0.34 miles
Shell

0.36 miles
Shell

0.57 miles
Arco

0.57 miles
Mobil

0.73 miles
United Oil

0.75 miles
Chevron

0.76 miles
Chevron

0.78 miles
76

0.84 miles
Union 76

0.84 miles

Aramark

0.42 miles
Ikea Parking Lot

0.51 miles
RV Parking Lot

1.18 miles
Team Disney Burbank Parking

1.28 miles
Zorro Parking

1.35 miles
Service Parking

1.62 miles
parking structure

1.66 miles
Burbank Studio Parking

1.69 miles
Dog Park Parking

2.02 miles
Warner Bros. Studio Tour

2.06 miles

Residence Inn

0.40 miles
Holiday Inn

0.46 miles
Hilton Garden Inn

0.52 miles
Springhill Suites Burbank Downtown

0.57 miles
Safari Inn

0.89 miles
Safari Inn, a Coast Hotel

0.90 miles
Burbank Moose Lodge

1.14 miles
Courtyard Los Angeles Burbank Airport

1.65 miles
Extended Stay America

1.75 miles
Travelodge by Wyndham Burbank-Glendale

1.97 miles

Subway

0.19 miles
Frank's Steak House

0.21 miles
Black Angus

0.39 miles
The People's Choice Restaurant

0.47 miles
World Empanadas

0.49 miles
Burger King

0.49 miles
Yard House

0.49 miles
Norm's Hamburger

0.49 miles
Steak 'n Shake

0.50 miles
Chronic Tacos

0.51 miles

Disney Elementary School

0.40 miles
Jordan Middle School

0.66 miles
Bellarmine-Jefferson High School

0.80 miles
Burbank Evening School

0.85 miles
John Burroughs Senior High School

0.87 miles
Burbank High School

0.90 miles
Jefferson-Bellarmine Elementary School

0.90 miles
Methodist School

0.97 miles
LILA International school of Los Angeles

1.01 miles
LILA

1.02 miles

Disney Day Care

1.66 miles
Komitas

5.33 miles
Neighborhood Nursery School

5.63 miles
Vine Street Early Education Center

5.92 miles
Coldwater Preschool

8.01 miles
Inti Wasi Preschool

9.26 miles
Gates Early Education Center

9.41 miles
Gan Yaffa

9.84 miles
ABC Little School

9.89 miles

Frequently Asked Questions

How much does 217-277 S Lake St cost?

The space currently listed for sale at 217-277 S Lake St asks for $40,645,000.

What is the total square footage of 217-277 S Lake St?

217-277 S Lake St totals 64,413 square feet.

When was this property built?

217-277 S Lake St was built in 1960.

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