Yubin Tao Acquires Mixed-use Property In Burbank For $1.725M

A prime corner retail lot in Burbank has been sold for $1,725,000. The mixed-use property located at 2709-2713 W. Olive Ave. & 113 N. Naomi St. spans a total of 9,855 square feet. The sale price per square foot amounts to $175. The transaction took place in the Burbank market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,725,000
• Address: 2709-2713 W. Olive Ave. & 113 N. Naomi St.
• Market: Burbank

The buyer of the property is Yubin Tao, while the Pikkel Family Trust served as the seller. The brokers involved in the deal were Elizabeth Clark and Alexander Halimi from Douglas Elliman, along with Jay Martinez from Kidder Mathews. Alexander Halimi, Elizabeth Clark, and Jay Martinez were hired by the Pikkel Family to manage the sale of their interest in the property. If you would like to inquire about the value of your property, you can reach out to them at 310-560-1087.