27092 BurbankLake Forest, CA 92610

  • Industrial properties
  • 0.50 AC
For Sale

Property Details for 27092 Burbank

Lot size
0.50 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
612-042-07
APU
61204207

Description

This exceptional 8,571-square-foot flex building, situated on a half-acre lot in Lake Forest, California (92610), presents a unique owner-user opportunity. Built in 1997, this two-story structure boasts a newly renovated interior, a newer roof, and well-maintained air conditioning units. The property features a convenient location near local shops and restaurants, with excellent freeway access to the 241, 133, 405, and 5 freeways. Amenities include an inviting reception area, kitchenettes on both floors, a dedicated lab area, a pleasant outdoor sitting area, and an electric vehicle charger. The building's extensive window line provides abundant natural light and impressive views. The property is zoned for industrial use and is offered as a 1031 exchange opportunity. The Assessor's Parcel Number (APN) is 612-042-07. This free-standing building offers a blend of functionality and aesthetic appeal, making it an ideal investment for a discerning owner-occupier. The property's traditional office subtype within an industrial setting provides versatility for a range of businesses. The building's excellent condition and desirable location combine to create a compelling investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,403,468
    Hospitality
    $4,949,548
    Educational
    $4,117,965
    Medical
    $4,259,588
    Retail
    $6,405,724
27092 Burbank, Lake Forest, California

Location Insight

City
Foothill Ranch
County
Orange
State
California
Latitude
33.6784
Longitude
-117.658
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
$32,953
$2,637,102
$493,461
$3,130,563
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