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    Property profile & analytics

    3029 Hollywood Way Burbank, CA 91505-1082

    • Office buildings
    • 6,570 SF
    • 8.68 lot acres
    OFF-MARKET
    Value Estimation
    $4,420,000
    Last Sale
    Jun 17, 2022
    $4,290,042
    Location Intelligence
    Property ID
    US10-0527553
    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.

    Current Use by Public Records

    • Mobile Mechanic of Burbank / Auto Repair Shop

    Property Details for 3029 Hollywood Way

    Year built
    2021
    Construction
    TILT-UP CONCRETE
    Lot size
    8.68 lot acres
    Property size
    6,570 SF
    Zone code
    BUM2
    Property type
    Office buildings
    APN
    2466-011-066
    APU
    2466011066

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,600,000
      6.5%
      $3,965,000
      7%
      $4,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,140,000
      Geo Method
      $4,535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,095,000
      Retail
      $4,235,000
      Mixed-Use
      $4,405,000
      Hospitality
      $4,575,000
      Educational
      $4,160,000
      Residential Income
      $4,310,000
      Energy
      $5,110,000
      Income-Based Land
      $4,150,000
      Food Service
      $5,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.34849
    Latitude
    34.198786
    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
    $50,068
    $2,913,120
    $1,550,196
    $4,463,316
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,353 SF

      3021 Magnolia Blvd

      OFFICE BUILDING • 7,353 SF
      3021 Magnolia Blvd, Burbank, CA 91505-3044
      View Details
    • Value Estimation by Request
      4,738 SF

      234 Buena Vis St

      OFFICE BUILDING • 4,738 SF
      234 Buena Vis St, Burbank, CA 91505-4509
      View Details
    • Value Estimation by Request
      6,040 SF

      116 Buena Vis St

      PROFESSIONAL BUILDING • 6,040 SF
      116 Buena Vis St, Burbank, CA 91505-4503
      View Details
    • Value Estimation by Request
      59,489 SF

      2800 Olive Ave

      OFFICE BUILDING (MULTI-STORY) • 59,489 SF
      2800 Olive Ave, Burbank, CA 91505-4533
      View Details
    • Value Estimation by Request
      219,607 SF

      3300 Olive Ave

      OFFICE BUILDING (MULTI-STORY) • 219,607 SF
      3300 Olive Ave, Burbank, CA 91505-4640
      View Details
    • Value Estimation by Request
      12,000 SF

      540 Hollywood Way

      OFFICE BUILDING • 12,000 SF
      540 Hollywood Way, Burbank, CA 91505-3405
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,500 SF

      Creative Office Space For Sale

      Creative office space available for build to suit opportunity.
      3031-3035 N Hollywood Way, Burbank, CA 91505
      View Details
    • $1,942,418
      3,225 SF

      Burbank Commercial Property in Magnolia

      Versatile commercial property in a dynamic, walkable Burbank corridor.
      4708 W Magnolia Blvd, Burbank, CA 91505
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      16,500 SF

      Creative Office Space For Sale

      Creative office space available for build to suit opportunity.
      3021-3025 N Hollywood Way, Burbank, CA 91505
      View Details
    • $4,150,000

      Burbank Commercial Property for Sale

      Commercial property available in Burbank, California.
      215 N Cordova St, Burbank, CA 91505
      View Details
    • $1,195,000

      Commercial Building in High-Traffic Area

      Commercial building in Burbank, ideal for auto repair business.
      1132 N Hollywood Way, Burbank, CA 91505
      View Details
    • New
      $2,349,000
      Pending

      Burbank Triplex with Income Potential

      Single-family residence with ADU and Jr ADU in Burbank.
      914 N Catalina St, Burbank, CA 91505
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      32,645 SF

      Burbank Office Building For Rent

      Newly renovated office building near Burbank Blvd and Buena Vista Street.
      2501 W Burbank Blvd, Burbank, CA 91505
      View Details
    • $1.09 SF/Yr
      108,459 SF

      Burbank Office Building with Warehouse

      High-end office building with additional warehouse space near Burbank Airport.
      2940 N Hollywood Way, Burbank, CA 91505
      View Details
    • Contact for pricing
      12,172 SF

      Creative Building in Burbank Media District

      Creative office space with abundant natural light and private patio.
      2717 W Olive Ave, Burbank, CA 91505
      View Details
    • $33 SF/Yr
      32,500 SF

      Burbank Media District Office Space

      Prime Burbank medical office, furnished & ready
      2727 Alameda Ave, Burbank, CA 91505
      View Details
    • $39 SF/Yr
      30,055 SF

      Burbank Retail Space For Lease

      Prime Burbank retail/office space available.
      1015 Hollywood Way, Burbank, CA 91505
      View Details
    • $3 SF/Yr
      7,812 SF

      Burbank Office Space For Rent

      Office space featuring reception, conference room, and high ceilings.
      3000 N Hollywood Way, Burbank, CA 91505
      View Details
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    Burbank, CA 91505-1082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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