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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Investment properties
1516 San Fernando Blvd Burbank, CA 91504-4101
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-7324726
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1988
Construction
WOOD
Total area
10,252 SF
Lot
0.44 ac (19,164 SF)
Zoning code
BVC 3*
APN
2460-011-047
UPID
US09-7324726
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
-
Allstate Insurance Agency
-
Brizuela's Roofing Systems Roofing Company General Contractor
-
Burbank Coin Laundry (Bike/Boat/Book/etc) Store
-
NEOSKN GLOW Spa & Massage Center Skin Care Clinic
-
American Fingerprinting Livescan Passport Office Fingerprinting Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$810k
Owner & transaction history
H & A Bedrossian Family Trust
H & A Bedrossian Family Trust
since 2025
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
BVC 3* · 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
$810,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $800k (Jan 8 2021)
Last sale anchor
$800k
Jan 8 2021
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
$79 / 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
$15,615
Tax year 2024
Assessed value
$1,302,946
Assessed 2024
Previous assessed
$1,302,946
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$692,191
Assessed improvement
$610,755
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
10,252 SF
Lot
0.44 ac (19,164 SF)
Zoning code
BVC 3*
APN
2460-011-047
UPID
US09-7324726
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BVC 3* · Burbank, CA
Zoning BVC 3* · permitted uses
BVC 3* · 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.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
H & A Bedrossian Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
707 WILSHIRE BLVD STE #3800, LOS ANGELES, CA 90017-3541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
H & A Bedrossian Family Trust
Hovaguim Bedrossian
Deed
related
—
Jan 8, 2021
—
Arsine B Phillips
Bedrossian H & A F/tr
Quit Claim Deed
related
—
Mar 7, 2000
—
Hovaguim Bedrossian
Bedrossian,h T & A
Quit Claim Deed
related
—
Aug 20, 1996
—
Hovaguim Bedrossian
Bedrossian,h & A
Quit Claim Deed
related
—
Dec 21, 1995
$800,000
Hovaguim Bedrossian
Whba Real Estate LP
Grant Deed
—
May 11, 1995
$755,707
Whba Real Estate LP
Khalaj,amoojan & Gohar
Trustees Deed
—
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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