Steve Sannett Acquires Burbank Office Building From Joseph Melody For $5.3M

The office building located at 405 Riverside Drive in Burbank has been sold in a recent transaction. The property spans 10,350 square feet and was sold for a total price of $5,275,000, resulting in a price per square foot of $510.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,275,000
• Address: 405 Riverside Drive
• Market: Burbank

The buyer in this transaction was Steve Sannett, while Joseph Melody served as the seller. The deal was facilitated by Rose O'Sullivan of NAI Capital acting as the broker representing both parties involved.