3808 Riverside DrBurbank, CA 91505

  • Office properties
  • 42,340 SF
For Lease

Property Details for 3808 Riverside Dr

Year built
1964
Construction
CONCRETE
Lot size
0.29 AC
Property size (Sq ft)
42,340 SF
Zone code
BUC3*
Property type
Office properties
Property subtype
Office buildings
APN
2485-005-017
APU
2485005017

Description

This Burbank, California medical office building, located at 3808 W. Riverside Drive, zip code 91505, offers multiple suites for lease. Built in 1964, the property totals 2,529 square feet and currently has 2,529 square feet vacant. The building is classified as both retail and office space, with a specific subtype of medical office and commercial use. Suites range from a minimum of 544 square feet to a maximum contiguous space of 1,110 square feet, providing flexibility for various medical practices or businesses. The property boasts ample parking, with a ratio of 3 spaces per 1000 square feet. Situated in Los Angeles County, this location provides convenient access to major transportation routes and a thriving community. The property is ideal for medical professionals seeking a well-established space in a desirable Burbank location. This is a multi-tenant building offering a variety of suite sizes to accommodate different needs. The building's location in Burbank, California offers excellent visibility and accessibility for patients and clients. The available space presents a unique opportunity for medical practices or businesses seeking a prime location in a well-established area. The ample parking ensures convenient access for both staff and clients.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,799,923
    6.5%
    $12,738,390
    7%
    $11,828,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,051,374
    Geo Method
    $8,051,374
  • Alternative Use

    Use
    Valuation
    Residential
    $15,795,604
    Hospitality
    $14,468,688
    Educational
    $12,037,779
    Medical
    $12,451,776
    Retail
    $18,725,434
3808 Riverside Dr, Burbank, California

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.1523
Longitude
-118.341
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
$141,281
$2,143,659
$10,423,577
$12,567,236
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