2501 Burbank BlvdBurbank, CA 91505

Property Details for 2501 Burbank Blvd

Year built

1983

Construction

WOOD

Lot size

0.55 AC

Property size (Sq ft)

32,912 SF

Zone code

BUC3*

Property type

Office buildings

APN

2438-009-031

APU

2438009031

Description

This exceptional 1,000 square foot creative office space, located at 2501 W Burbank Blvd, is ideally suited for a photography studio or any creative business requiring ample workspace. Situated within a larger Class B, three-story building totaling 32,557 square feet, this single-tenant space boasts a thoughtfully designed layout perfect for content creation. Built in 1983, the building offers convenient amenities including 74 parking spaces and elevators for easy access. The property is classified as Office, Special Purpose, specifically catering to creative industries. The space itself is already built out and ready for immediate occupancy, eliminating the need for extensive renovations. Its unique and stylish design fosters inspiration and productivity. The building's location in Burbank provides excellent access to transportation and local amenities, making it an attractive option for businesses seeking a vibrant and convenient work environment. This is a rare opportunity to secure a fully equipped, move-in ready creative office space in a well-maintained building with ample parking. Don't miss out on this chance to establish your business in a prime Burbank location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,727,044

  6.5%

  $9,901,887

  7%

  $9,194,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,258,546

  Geo Method

  $6,258,546

• Alternative Use

  Use

  Valuation

  Residential

  $12,278,340

  Hospitality

  $11,246,893

  Educational

  $9,357,283

  Medical

  $9,679,095

  Retail

  $14,555,774

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.1789

Longitude

-118.339

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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