2300 W Empire Ave, Burbank, CA 91504 – Office Building High Rise 5+ stories

OfficeYear Built 2009Total Assessed Value $134,415,587County Los Angeles

Property Details

The Office property 2300 W Empire Ave, Burbank, CA 91504 is located in Los Angeles County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $134,415,587.

The gross building area is 362,863 square feet and the land area is 79,191 square feet for this Office Building High Rise 5+ stories built in 2009.

Legal description: Lot:3,6 P M 317-50-53 Land Desc As Par A In Doc 1412793,080608 Por Of Lots 3 And 6

$134,415,587

Market Value

7.15%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area362,863

Land Size79,191

Land Value$7,427,748

Improved Value$126,987,839

Total Assessed Value$134,415,587

Year Built2009

County NameLos Angeles

Account Number2462-001-011

Cap Rate7.15%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionSteel

Sales History

5/26/2017

Arms-length$133,217,000

Buyer

Reep Ofc 2300 Empire Llc

Seller

Walton Empire Center V Llc

Book Number

17-0591023

Recording Date

5/26/2017

Transaction Details

Reep Ofc 2300 Empire Llc acquired the property from Walton Empire Center V Llc through a Arms-length transaction on 5/26/2017 for $133,217,000.

4/21/2011

Other$45,000,000

Buyer

Reepofc 2300 Empire Llc

Seller

Book Number

Recording Date

4/21/2011

Transaction Details

Reepofc 2300 Empire Llc acquired the property from through a Other transaction on 4/21/2011 for $45,000,000.

1/4/2011

Foreclosure$45,000,000

Buyer

Walton Empire Center V Llc

Seller

Wh Empire Center V Llc

Book Number

11-0019427

Recording Date

1/4/2011

Transaction Details

Walton Empire Center V Llc acquired the property from Wh Empire Center V Llc through a Foreclosure transaction on 1/4/2011 for $45,000,000.

Property constructed in 2009

YSale Price (USD) byXSales Year

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Mortgage History

10/5/2017

Arms length residential transactions purchase or resales$825,000

Borrower

Reep Ofc 2300 Empire Llc

Lender

New York Life Insurance & Annuity Corp

Book Number

2017.1149562

Recording Date

10/5/2017

Transaction Details

Reep Ofc 2300 Empire Llc borrowed the property from New York Life Insurance & Annuity Corp through a Arms length residential transactions purchase or resales transaction on 10/5/2017 for $825,000.

12/13/2013

Sale$69,500,000

Borrower

Walton Empire Center V Llc

Lender

Aareal Capital Corporation

Book Number

13-1770679

Recording Date

12/13/2013

Transaction Details

Walton Empire Center V Llc borrowed the property from Aareal Capital Corporation through a transaction on 12/13/2013 for $69,500,000.

Property constructed in 2009

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$7,427,748	$126,987,839	$134,415,587	$134,415,587	Reepofc 2300 Empire ...	50 California St Ste...	Lot:3,6 P M 317-50-5...	23/23667	-	79,191	362,863
2023	$7,139,320	$122,056,748	$129,196,068	$129,196,068	Reep-ofc 2300 Empire...	1 Front St Ste 550	LOT:3,6 P M 317-50-5...	23/23667	City/Burbank	79,192	362,863
2022	$6,999,334	$119,663,479	$126,662,813	$126,662,813	Reep-ofc 2300 Empire...	-	P M 317-50-53 Land D...	23/23667	CITY/BURBANK	79,192	362,863
2020	-	-	-	-	-	-	P M 317-50-53 Land D...	23/23667	-	79,163	362,863
2019	$6,658,560	$113,837,446	$120,496,006	-	Reep Ofc 2300 Empire...	1 Front St	P M 317-50-53 LAND D...	23/23667	-	79,191	362,863
2018	$3,828,346	$58,391,169	$62,219,515	-	Reep Ofc 2300 Empire...	-	P M 317-50-53 LAND D...	23/23667	-	79,191	362,863
2017	$3,753,281	$57,246,245	$60,999,526	-	Reep Ofc 2300 Empire...	-	P M 317-50-53 LAND D...	23/23667	-	79,191	362,863
2016	$3,679,688	$56,123,770	$59,803,458	-	Reep Ofc 2300 Empire...	-	P M 317-50-53 LAND D...	23/23667	-	79,191	362,863
2015	$3,624,416	$55,280,739	$58,905,155	-	Walton Empire Center...	2300 W Empire Ave	P M 317-50-53 LAND D...	-	-	79,191	362,863

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2300 W Empire Ave, Burbank, CA 91504	—	-	79,191	2009	362,863	$ 134,415,587	$ 7,427,748	-
Boardwalk Builders Inc Profit	6815 Whitsett Ave, North Hollywood, CA 91605	09/02/2025	$ 200,000	4,199	1987	2,458	$ 597,646	$ 263,438	Farnham Investments Llc
Preferred Bank	401 N Brand Blvd, Glendale, CA 91203	08/08/2025	$ 20,600,000	15,080	1959	54,200	$ 2,566,308	$ 1,898,630	-
Citizens Business Bank	6708 Foothill Blvd, Tujunga, CA 91042	07/25/2025	$ 1,000,000	22,747	1980	24,626	$ 1,396,372	$ 707,578
Bank Of Hope	4639 Beverly Blvd, Los Angeles, CA 90004	07/21/2025	$ 1,000,000	7,000	1989	8,948	$ 1,979,511	$ 1,531,766	River Of Living Water Church
Pacific Union Conferenceseven	12411 Ventura Blvd, Studio City, CA 91604	06/25/2025	$ 4,500,000	4,500	1985	13,500	$ 2,626,873	$ 709,959	12411 Ventura 02 Llc
Minnesota Life Insurance Co	15503 Ventura Blvd, Encino, CA 91436	06/05/2025	$ 9,000,000	46,479	1990	73,824	$ 19,028,299	$ 3,746,038	Encino Spectrum Llc
Meadows Bank	2801 W Empire Ave, Burbank, CA 91504	06/04/2025	$ 804,750	3,846	1950	2,759	$ 1,227,064	-	Cateau Marmont Llc
Citizens Business Bank	1111 N Brand Blvd, Glendale, CA 91202	05/16/2025	$ 5,100,000	40,402	1989	59,820	$ 17,209,602	$ 668,412	Brand Village Property Llc
Goldman Sachs Bank Usa	15350 Sherman Way, Van Nuys, CA 91406	04/07/2025	$ 18,000,000	115,042	1983	124,088	$ 29,449,698	$ 7,697,079
Goldman Sachs Bank Usa	15400 Sherman Way, Van Nuys, CA 91406	04/07/2025	$ 18,000,000	118,483	1988	150,759	$ 34,357,983	$ 7,920,183

Mean$ 16,220,962

Median$ 7,717,500.0

Loan Amount Range$ 200,000 - $ 125,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2300 W EMPIRE AVE STE 500 # 5, BURBANK, CA 91504-5399	CAST CREW ENTERTAINMENT SVC	8188486022	PAYROLL PREPARATION SERVICE
2300 W EMPIRE AVE, BURBANK, CA 91504-3341	PDP USA ELECTROSOURCE	8188471442	STORE DESIGNERS & PLANNERS
2300 W EMPIRE AVE, BURBANK, CA 91504-3341	WH EMPIRE CTR 5 LLC	8188472556	BUSINESS DEVELOPMENT
2300 W EMPIRE AVE STE 500, BURBANK, CA 91504-5399	MEDIA SERVICES	3104409600	PAYROLL PREPARATION SERVICE
2300 W EMPIRE AVE # 5, BURBANK, CA 91504-3341	C D PAYROLL INC	8188481562	MODELING AGENCIES
2300 W EMPIRE AVE STE 300, BURBANK, CA 91504-3399	US CENSUS BUREAU	9072711280	FEDERAL GOVERNMENT-ECONOMIC PROGRAM ADM
2300 W EMPIRE AVE STE 600, BURBANK, CA 91504-3399	PERFORMANCE DESIGNED PROD LLC	3232349911	VIDEO GAMES-SUPPLIES & PARTS
2300 W EMPIRE AVE STE 700, BURBANK, CA 91504-5339	INVENT TV	8184807410	TELEVISION PROGRAM PRODUCERS
2300 W EMPIRE AVE, BURBANK, CA 91504-3341	ECLIPSE TELEVISION	8189403400	UNCLASSIFIED ESTABLISHMENTS
2300 W EMPIRE AVE, BURBANK, CA 91504-3341	KSG TECHNOLOGIES INC	8184424495	NONCLASSIFIED ESTABLISHMENTS

Showing 1 to 10 of 14 entries

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License Details

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