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    2701 W Alameda Ave Burbank, CA 91505
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    Property profile & analytics

    2701 W Alameda Ave, Burbank, CA 91505

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    • Medical Office Space
    • 52,131 SF
    • 0.58 lot acres
    Burbank Medical/Office Space Available For Lease
    $20,255,000
    5,446 SF

    Burbank Medical/Office Space Available

    5,446 SF medical/office space for rent in Burbank, CA.

    2701 W Alameda Ave, Burbank, CA
    View Listing
    Property ID
    US09-6302593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $20,255,000
    Cap Rate Potential
    3.9%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Cla at Medical Plaza PSC / Medical Clinic
    • Melvin A. Kum, DMD, MAGD, FICOI / Dental Office
    • Tavitian Alexandre HK DDS / Dental Office
    • Joseph Edward C DDS / Dental Office
    • Okada Geoffrey DDS / Dental Office

    Property Details for 2701 W Alameda Ave

    Year built
    1968
    Construction
    CONCRETE
    Lot size
    0.58 lot acres
    Zone code
    BUC2YY
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    2484-021-016
    APU
    2484021016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 18, 2022 Ocotillo La 2701 LLC Deed · related $19M · Pnc Bank NA
    Sep 27, 2021 $23,875,000 Ocotillo La 2701 LLC Shawn H Facth Grant Deed
    Aug 30, 2021 Affiliated Realty LLC Shawn H Faeth Correction Deed · related
    Dec 26, 2018 Shawn H Faeth Survivors Dunnigan Trust Quit Claim Deed
    Dec 17, 2018 David M Faeth Dunnigan Survivors Trust Quit Claim Deed
    Nov 29, 2018 Dunnigan Survivors Trust Dunnigan Trust Quit Claim Deed · related
    May 1, 2018 Owner Name Unavailable Dunnigan,joseph H JR Affidavit Of Death · related $7.6M · Mission Vly Bk
    Aug 28, 2008 $7,125,000 Dunnigan Trust Mabek Grant Deed $8M · John Hancock Life Insurance Co
    May 25, 2000 Dunnigan,joseph H & Therese M Tr Dunnigan,t M Quit Claim Deed · related
    Therese M Dunnigan Deed Of Trust · related $2.1M · Aid Association For Lutheran
    Dunnigan Trust Deed Of Trust · related $7.6M · Mission Vly Bk
    Theresa Dunnigan Deed Of Trust · related $287k · Valley Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $23,800,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $15,415,000
      6.5%
      $14,230,000
      7%
      $13,210,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $13,996,000
      Market price range: $2.40M - $15.5M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $23,700,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $31,725,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $28,650,000
      Change: +21% Conversion: Difficult
      OFFICE BUILDING
      $27,835,000
      Change: +17% Conversion: Easy
      WAREHOUSE, STORAGE
      $25,860,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $25,020,000
      Change: +6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.331
    Latitude
    34.1579
    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
    $277,081
    $5,930,280
    $18,909,270
    $24,839,550
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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