818-502-6744
3700 W Riverside Dr, Burbank, CA for Sale
Car Washes - FOR SALE
1/13
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3700 W Riverside Dr
Burbank, CA 91505


HIGHLIGHTS

  • CORNER LOCATION
  • IDEAL DEVELOPMENT SITE
  • SPECIFIC PLAN UPDATE

OVERVIEW

The Property is located across the street from Warner Brothers Studios and a mile from Other Studios, Providence St. Joseph’s Medical Center, and the Burbank Studios lot. The Property is surrounded by the highest concentration of entertainment companies in the world and lies within one mile of approximately 4,250,000 square feet of class A office buildings. Retail amenities such as Arnie Morton’s, Olive & Thyme, Whole Foods Market, Bob’s Big Boy Diner, Mendocino Farms, Lemonade, Sweet Greens, and the Smoke House Restaurant are all within walking distance. This is a rare opportunity to acquire one of the last development sites in the Media District. Located on the corner of Riverside Drive and Hollywood Way, the property offers unparalleled visibility and sits across the street from the onramp to the 134 freeway. The Property is a rectangular lot, stretching from Hollywood Way to Screenland Drive. The dimensions are approximately 234 feet by 108 feet. Site is part of the Burbank Media Center Specific Plan Update, which increases the density for residential development. A new development at the Property would offer residents walkability to high end grocery, dining, offices, public transit, and parks. The MDC-3 Medical District General Business Zoning allows for a variety of commercial and residential uses.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,423 SF

ZONING

MDC-3

APN/PARCEL ID

2485-005-004,2485-005-014,2485-005-015

ASK ABOUT THIS PROPERTY

Edward MatevosianCBRE, Inc.More Info
818-502-6744

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Edward MatevosianCBRE, Inc.More Info
818-502-6744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.