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    Property profile & analytics

    3121 Olive Ave Burbank, CA 91505-4540

    • Turn key restaurants
    • 380 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US10-0206305
    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

    • Coffee Commissary / Cafe / Coffee Shop
    • Joel's Consulting, Inc / Courier Service

    Property Details for 3121 Olive Ave

    Year built
    1964
    Lot size
    0.11 lot acres
    Property size
    380 SF
    Zone code
    BUC2*
    Property type
    Turn key restaurants
    APN
    2483-021-006
    APU
    2483021006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.335
    Latitude
    34.1561
    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
    $7,939
    $620,315
    $82,742
    $703,057
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,186 SF

      3000 Olive Ave

      RESTAURANT • 10,186 SF
      3000 Olive Ave, Burbank, CA 91505-4537
      View Details
    • Value Estimation
      $4,585,000
      4,040 SF

      4301 Riverside Dr

      RESTAURANT • 4,040 SF
      4301 Riverside Dr, Burbank, CA 91505-4044
      View Details
    • Value Estimation by Request
      1,809 SF

      2825 Olive Ave

      RESTAURANT • 1,809 SF
      2825 Olive Ave, Burbank, CA 91505-4534
      View Details
    • Value Estimation by Request
      5,541 SF

      3114 Magnolia Blvd

      RESTAURANT • 5,541 SF
      3114 Magnolia Blvd, Burbank, CA 91505
      View Details
    • Value Estimation
      $340,000
      625 SF

      3520 Burbank Blvd

      RESTAURANT • 625 SF
      3520 Burbank Blvd, Burbank, CA 91505-2235
      View Details
    • Value Estimation by Request
      3,571 SF

      1333 Hollywood Way

      RESTAURANT • 3,571 SF
      1333 Hollywood Way, Burbank, CA 91505-2228
      View Details

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    Similar Nearby for Lease

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    • $55 SF/Yr
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      Burbank Retail Space For Lease

      Prime Burbank retail/office space available. Multiple suites, flexible sizes.
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      View Details
    • $48 SF/Yr
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      Burbank Retail Space - Prime Location

      7,991 SF Retail/Office Space Available
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      Burbank Warehouse with HVAC

      Free-standing Burbank warehouse with HVAC and easy freeway access.
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    Property Visit Statistics

    • Visits by month
      82.7k
    • Visitors by month
      54.4k
    • Avg Time on site
      21 min
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    3121 Olive Ave
    Burbank, CA 91505-4540
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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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