1015 Hollywood WayBurbank, CA 91505

Property Details for 1015 Hollywood Way

Year built

1985

Construction

STEEL FRAME

Lot size

0.78 AC

Property size (Sq ft)

30,959 SF

Zone code

BUR1*

Property type

Office properties

Property subtype

Office buildings

APN

2477-015-044

APU

2477015044

Description

This exceptional Burbank property, located at 1015 N Hollywood Way, offers 30,055 square feet of versatile retail and office space currently available for lease. The building is zoned BUR1* and boasts a convenient location in Los Angeles County, zip code 91505. Multiple tenancy options are available, with spaces ranging from a minimum of 5,094 square feet to a maximum contiguous space of 12,208 square feet. The entire 30,055 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses seeking a prominent Burbank location. The property features ample parking, with a ratio of approximately 2 spaces per 1000 square feet. The building is equipped with a robust 1600-amp power supply, ensuring sufficient capacity for a variety of business needs. The property's APN is 2477-015-044. This prime location in Burbank offers excellent visibility and accessibility, making it an ideal space for businesses seeking a high-traffic area. The flexible space allows for customization to suit individual tenant requirements. Don't miss this chance to secure a significant presence in a thriving Burbank market. Inquire today to learn more about leasing options and explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $10,090,501

  6.5%

  $9,314,309

  7%

  $8,649,001

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,887,164

  Geo Method

  $5,887,164

• Alternative Use

  Use

  Valuation

  Residential

  $11,549,743

  Hospitality

  $10,579,502

  Educational

  $8,802,022

  Medical

  $9,104,737

  Retail

  $13,692,034

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.1683

Longitude

-118.348

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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