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Property profile & analytics
FOR SALE
Office buildings
1420 West Olive Ave Burbank, CA 91506
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6853810
For Sale
1 / 12
$9,500,000
1420 West Olive Ave, Burbank, CA 91506
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
13,413 SF
Lot
0.93 ac (40,318 SF)
Zoning code
BUC2*
APN
2446-031-030
UPID
US09-6853810
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
Current use
Occupant on record · Public records
-
Acasa food truck Restaurant
-
Social Security Administration Social Security Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.72M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$4.12M
Owner & transaction history
Westside Gsa Holdings LLC · 18 yrs held
Westside Gsa Holdings LLC
since 2008
7 recorded transactions
Zoning & alternative use
BUC2* · Burbank, 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 Burbank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burbank 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%
$5,110,000
6.5%
$4,715,000
7%
$4,380,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,655,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,440,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$6,095,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$4.12M
Range $3.70M – $4.53M · ±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
$307 / 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
$110,643
Tax year 2024
Assessed value
$9,887,076
Assessed 2024
Previous assessed
$9,887,076
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$6,636,250
Assessed improvement
$3,250,826
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Total area
13,413 SF
Lot
0.93 ac (40,318 SF)
Zoning code
BUC2*
APN
2446-031-030
UPID
US09-6853810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC2* · Burbank, CA
Zoning BUC2* · permitted uses
BUC2* · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burbank. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$6.1M
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2007
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Westside Gsa Holdings LLC
Entity
Mailing address
75 MALAGA CV PLZ STE #16, PALOS VERDES ESTATES, CA 90274-1366
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Westside Gsa Holdings LLC
—
Deed
related
$6,850,000 · Silicon Valley Bank
Jan 31, 2008
—
Westside Gsa Holdings LLC
Harvard & 20th LLC
Quit Claim Deed
related
$9,100,000 · Telesis Community Cu
Oct 17, 2006
—
Paula Osteen
Osteen,paul JR
Quit Claim Deed
$8,100,000 · City National Bank
Aug 15, 1995
—
Cecchini Marvin L
Cecchini,m
Quit Claim Deed
related
—
Jan 9, 1995
—
Marvin Cecchini
Cecchini,m Trustee
Quit Claim Deed
related
—
Jan 20, 1994
—
Cecchini Eugene J
Cecc,
Quit Claim Deed
related
—
—
—
Westside Gsa Holdings LLC
—
Deed Of Trust
related
$9,430,000 · Coastal FCU
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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