36 Palm AveBurbank, CA 91502

  • Manufacturing properties
  • 6,350 SF
For Lease
$24/SF/YR View listing

Property Details for 36 Palm Ave

Year built
1940
Construction
TILT-UP CONCRETE
Lot size
0.18 AC
Property size (Sq ft)
6,350 SF
Zone code
BUM2*
Property type
Manufacturing properties
APN
2453-004-019
APU
2453004019

Description

This exceptional 6,350-square-foot warehouse/showroom is ideally situated in Burbank's vibrant Downtown entertainment district, offering unparalleled visibility and accessibility. Located at 36 E Palm Ave, Burbank, CA 91502, this single-tenant property boasts a prime location off the 5 Freeway, providing excellent freeway visibility and easy access to the 5, 134, and 101 freeways. Built in 1940, this one-story building features a 16-foot ceiling height, one loading dock, one drive-in door, and heavy power, making it suitable for various industrial applications, post-production, or showroom uses. The property sits on a 7,476 square foot lot and includes convenient proximity to city parking facilities. The space is currently vacant and offers a highly attractive lease rate of $2.00 per rentable square foot per month. The building is also located on a dark fiber loop, ensuring robust connectivity. This versatile property presents a unique opportunity for businesses seeking a prominent location in the heart of Burbank. APN: 2453-004-019.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,368,968
    Hospitality
    $2,169,962
    Educational
    $1,805,382
    Medical
    $1,867,472
    Retail
    $2,808,373

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.1803
Longitude
-118.312
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,655
$780,957
$141,981
$922,938
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