610 N Hollywood Way Burbank, CA 91505
Office buildings
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Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
For Sale
1 / 33
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610 N Hollywood Way, Burbank, CA 91505
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Estimated value (blended)
$24.54M
Range $22.09M – $26.99M (±10%)
Implied cap rate
2.70%
In-place · NOI ÷ last sale
Property ID
US09-6484962
Property summary
AI-generated overview
This exceptional three-story executive office building, located at 610 N Hollywood Way, Burbank, CA 91505, offers a total of 31,377 square feet of premium office space. Built in 1990 and extensively renovated in 2013, the property boasts a modern aesthetic and high-end finishes. The building sits on a 0.674-acre lot and is zoned BUR4. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions ranging from a minimum of 10,460 square feet to a maximum contiguous space of 20,917 square feet. The building features ample parking with a 4:1,000 ratio. Power is robust, with 2,000 amps, 208/120V, 3-phase service. The address is conveniently located near Verdugo, offering easy access to major transportation routes. The property's APN is 2480-016-064. This is an unparalleled opportunity to secure a prestigious and well-maintained office building in the thriving Burbank market. The building's modern design and ample space make it ideal for a variety of businesses seeking a high-profile location. Don't miss this chance to lease this exceptional property.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
WOOD
Total area
29,338 SF
Lot
0.41 ac (17,697 SF)
Zoning code
BUR4
APN
2480-016-064
UPID
US09-6484962
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
-
Film Production Television Studio
-
Distribution Center Logistics Company
-
Film Production Television Studio
-
Auto Repair Shop
-
Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.31M
Blend (final)
Blend
$24.54M
Owner & transaction history
since 2021
Last sale
$23.8M
7 recorded transactions
Zoning & alternative use
BUR4 · Burbank, CA
Top alternative use upside
Auto repair, garage
$23.1M
+47.5%
Restaurant
$19.1M
+22.0%
Neighborhood: shopping center
$17.9M
+14.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$24.54M
Value range
$22.09M – $26.99M
±10% around blend
Estimated value / SF
$836 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
Income certainty
100
$22.09M
blend $24.54M
$26.99M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,338 SF
Lot area
0.41 ac
Year built
1990
Stories
1
APN
2480-016-064
Assessed value
$24,709,500
Annual tax
$273,746
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$273,746
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.18M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.1 mi away · 32,460 SF
9.1 mi away · 34,879 SF
9.1 mi away · 34,879 SF
9.1 mi away · 34,879 SF
9.7 mi away · 30,103 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$24.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 31 sales
$534
+57%
Submarket 97 sales
$556
+51%
County 2758 sales
$449
+86%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $836/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+48%
vs current-use indication
Restaurant
Neighborhood: Shopping Center
Retail Stores
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
2.70%
Selected cap rate for this office buildings
Derived from the Burbank market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$793k *
Last sale · Dec 2021
$23.75M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$29.37M
Move the market yield to see immediate price impact.
Value / SF
$1,001
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.20%2.70%3.20%
$714k
$32.45M
$26.44M
$22.31M
$793k
$36.05M
$29.37M
$24.78M
$872k
$39.66M
$32.31M
$27.26M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$10.00M
8.9 mi · Oct 2025 · $329/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$273,746
Tax year 2024
Assessed value
$24,709,500
Assessed 2024
Previous assessed
$24,709,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$16,386,300
Assessed improvement
$8,323,200
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Total area
29,338 SF
Lot
0.41 ac (17,697 SF)
Zoning code
BUR4
APN
2480-016-064
UPID
US09-6484962
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUR4 · Burbank, CAZoning BUR4 · permitted uses
BUR4 · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BUR4
Jurisdiction
Burbank, CA
Recorded code
BUR4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BUR4 in Burbank, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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