3808 Riverside DrBurbank, CA 91505

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 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.

• 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

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

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