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Property profile & analytics
OFF-MARKET
Estimated value
$4,730,000
Apartment buildings
12624 Burbank Blvd Valley Village, CA 91607
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9486465
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
28,269 SF
Lot
0.44 ac (19,177 SF)
Zoning code
LAR3
APN
2346-006-055
UPID
US09-9486465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.73M
Owner & transaction history
Burbank Blvd LP · 2 yrs held
Burbank Blvd LP
since 2024
7 recorded transactions
Zoning & alternative use
LAR3 · Valley Village, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Valley Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,210,000
Current use
Blend value · Realmo final
$4.73M
Range $4.26M – $5.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$97,710
Tax year 2024
Assessed value
$7,865,043
Assessed 2024
Previous assessed
$7,865,043
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,444,935
Assessed improvement
$5,420,108
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
25
Rooms
8
Bathrooms
49
Total area
28,269 SF
Lot
0.44 ac (19,177 SF)
Zoning code
LAR3
APN
2346-006-055
UPID
US09-9486465
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Valley Village, CA
Zoning LAR3 · permitted uses
LAR3 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
25
Rooms
8
Bathrooms
49
Lot
0.44 ac
Current owner
From public records · entity-resolved
Burbank Blvd LP
Entity
Mailing address
16830 BAJIO RD, ENCINO, CA 91436-3523
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
—
Burbank Blvd LP
Eva Shellow
Grant Deed
$2,160,000 · Jpmorgan Chase Bank NA
Feb 16, 2024
—
Burbank Blvd LP
Res Family LP
Grant Deed
—
Oct 13, 2023
—
Eva Shellow
Eva Shellow
Intrafamily Transfer
related
—
Sep 18, 2023
—
Eva Shellow
Eva Shellow
Intrafamily Transfer
related
—
Sep 15, 2023
—
Eva Shellow
Roy Alan Shellow
Affidavit Death Of Trustee/successor Trustee
related
—
Apr 25, 2019
—
Shellow,roy & Eva Family Trust
—
Deed
related
$1,835,000 · Jp Morgan Chase Bk
Dec 11, 2014
—
The Roy & Eva Shellow Family Trust
Imt Capital 12626 Burbank LLC
Grant Deed
$2,000,000 · Jpmorgan Chase Bank NA
Jul 17, 2008
$2,097,045
Imt Capital 12626 Burbank LLC
Burbank Partners
Grant Deed
related
—
Jul 30, 2003
—
Burbank Partners LP
27th/pico Boulevard II LP
Grant Deed
$2,417,600 · Greystone Servicing Corp
Nov 1, 2002
$2,985,000
Pico Boulevard 27th II
Desoto Crest Ltd
Grant Deed
$2,388,000 · First Regional Bank
Oct 18, 2002
—
Desoto Crest Ltd
Trebor Holdings LLC
Grant Deed
related
—
May 21, 1999
$2,160,000
Trebor Holdings LLC
—
Grant Deed
related
—
Oct 29, 1997
$336,500
Herman Trust
12624 Burbank Blvd
Grant Deed
—
—
—
Shellow,roy & Eva Family Trust
—
Deed Of Trust
related
$1,835,000 · Jp Morgan Chase Bk
—
—
Burbank Partners
—
Deed Of Trust
related
$505,000 · Greystone Servicing Corp
—
—
Burbank Partners
—
Deed Of Trust
related
$312,133 · Greystone Servicing Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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