Financial
Distress signals
Property profile

18620 Burbank Blvd Tarzana, CA 91356

FOR SALE
Other apartment buildings
Property ID
US09-8338997
11,500 SF 0.21 ac lot Built 1988
Last sale Dec 2020 · $3,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Located at 18620 Burbank Blvd. in Tarzana, CA, the property is a multifamily building constructed in 1988 on an approximately 0.21-acre lot with a total building area of about 11,500 square feet. It contains 11 residential units, including ten 2-bedroom, 2-bath units and one 1-bedroom, 1.5-bath townhouse-style unit. Select interiors feature stainless-steel appliances, granite countertops, recessed lighting, white cabinetry, fireplaces, private balconies, and a combination of hard-surface

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$51k
Tax billed · 2024
Assessed value$4.12M
Assessed land$1.27M
Assessed improvement$2.84M
Effective rate1.24%

Value estimate

· Sep 2026
$755k
$680k – $831k
AI approach$700k
NOI build-up
Gross scheduled income$26.06M
Vacancy & credit loss−$182k
Operating expenses−$11.64M
NOI · 319.82% cap applied$14.23M

Realmo valuation models over county records and 29 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
Submarket average, outlier-cleaned · 4649 recorded sales of this use type
Observed band · Q1–Q3$137 – $362
Qualifying comparables29

Cap rate analysis

How does the asset earn?
319.82%
$14.23M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAR3
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market9.1
Laundromat9.1
Grocery Store9.0

Location

18620 Burbank Blvd Tarzana, CA 91356
County assessor Recorded deeds · 7 transfers 29 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18606 Burbank, Tarzana, CA 91356-2664 $1,150,000 Aug 2024 6,965 SF
5730 Yolanda, Tarzana, CA 91356-1459 $3,875,038 Nov 2023 15,052 SF
5720 Yolanda, Tarzana, CA 91356-1437 $3,875,038 Nov 2023 15,052 SF
5239 Lindley, Tarzana, CA 91356-3743 $6,950,069 Feb 2022 7,992 SF
18655 Clark, Tarzana, CA 91356-3452 $4,950,049 Dec 2021 15,590 SF
18618 Clark, Tarzana, CA 91356-3448 $5,220,000 Apr 2019 20,882 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message