Technical
Financial
Distress signals
Property profile

303 Glenoaks Blvd Burbank, CA 91502

FOR LEASE
Commercial land
Property ID
US09-6190037
0.61 ac lot Built 1982
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 338,000-square-foot office campus includes multiple buildings with a campus-wide renovation that included significant upgrades to three building lobbies, extensive renovation of the central plaza, and improvements to landscaping and public art such as murals. The property includes 10,000 square feet of outdoor, collaborative WiFi-enabled work, social, and recreation space, as well as outdoor mezzanine decks that cascade down to a tiered amphitheater. Common areas are planned to support both large gatherings and smaller private breakout spaces for meetings, and flexible seating layouts are supported with full power capability and WiFi connectivity. The campus is located within walking-distance of the San Fernando Blvd amenity corridor and is positioned minutes from the Media District, Burbank Airport, Universal City, and Glendale. The property has on-site and off-site parking.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1982
Lot 0.61 ac (26,751 SF)
Zoning code BUC3
APN 2453-001-042
UPID US09-6190037

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Tech Support Center IT Consulting Firm
  • Home Appliance Store
  • Hardware & Home Improvement HVAC Service
  • Video Editing Service

Location

303 Glenoaks Blvd Burbank, CA 91502
Burbank metro Census 310704 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2018
Price N/A
2018
$66.5M
2015
$45.5M
2011
Price N/A
2011
Price N/A

Zoning & alternative use

BUC3 · Burbank, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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