3808 Riverside DrBurbank, CA 91505
- Office properties
- 42,340 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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