Financial
Distress signals
Property profile

1814 Grismer Ave Burbank, CA 91504

OFF-MARKET
Other apartment buildings
Property ID
US09-8014759
9,906 SF 0.23 ac lot Built 1961
Last sale May 2017 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

1814 Grismer Avenue is a 14-unit multifamily property in Burbank, constructed in 1961. The building is configured with 10 one-bedroom, one-bath units, 2 two-bedroom, two-bath units, and 2 studio units. Common amenities include a gated pool area and a large on-site laundry room. The units have separate utility meters for gas and electricity, and the property has documented capital improvements including a roof replacement, upgraded windows, and a new main electrical panel. The City of Burbank

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?
$47k
Tax billed · 2024
Assessed value$4.16M
Assessed land$1.66M
Assessed improvement$2.50M
Effective rate1.14%

Value estimate

· Sep 2026
$3.37M
$3.03M – $3.71M
AI approach$3.53M
Sales comparison$4.32M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$330/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$221 – $436
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BUR4*
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 Market13.2
Grocery Store12.3
Catering Service9.7

Location

1814 Grismer Ave Burbank, CA 91504-3674
County assessor Recorded deeds · 4 transfers 6 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1608 Grismer, Burbank, CA 91504-3745 $2,400,000 Feb 2026 6,800 SF
1524 Grismer, Burbank, CA 91504-3722 $880,000 Apr 2025 7,564 SF
2420 Buena Vis, Burbank, CA 91504-2662 $3,000,000 Jan 2024 7,614 SF
1813 Scott, Burbank, CA 91504-3883 $935,000 Dec 2023 11,214 SF
2001 Peyton, Burbank, CA 91504-3541 $4,000,040 Nov 2022 9,232 SF
332 Cornell, Burbank, CA 91504-4312 $3,205,032 Apr 2022 7,320 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
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