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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Investment properties
1605 Burbank Blvd Burbank, CA 91506-1310
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0211357
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Construction
WOOD
Total area
1,609 SF
Lot
0.09 ac (3,784 SF)
Zoning code
BUC3YY
APN
2438-028-006
UPID
US10-0211357
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
-
Emerie Salon Hair Salon
-
Helping Hand Fire & Water Damage Restoration Burbank Hardware & Home Improvement Construction Company
-
CALSLICE Barber Shop
-
ISIS BLACK & GOLD BARBERSHOP Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$645k
Owner & transaction history
The Kai I Goudey Revocable Living T
The Kai I Goudey Revocable Living T
since 2025
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
BUC3YY · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$980,000
+26.8%
Retail stores
$880,000
+14.0%
Office building
$865,000
+12.2%
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
$625,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$770,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$865,000
Change: +12% · Conversion: Easy
WAREHOUSE, STORAGE
$800,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$730,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $680k (Dec 29 2023)
Last sale anchor
$680k
Dec 29 2023
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
$401 / 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
$5,215
Tax year 2024
Assessed value
$452,167
Assessed 2024
Previous assessed
$452,167
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$351,689
Assessed improvement
$100,478
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
4
Bathrooms
2
Total area
1,609 SF
Lot
0.09 ac (3,784 SF)
Zoning code
BUC3YY
APN
2438-028-006
UPID
US10-0211357
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3YY · Burbank, CA
Zoning BUC3YY · permitted uses
BUC3YY · 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
COMMERCIAL (GENERAL) Current
Est. value
$770,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
RETAIL STORES
Est. value
$880,000
OFFICE BUILDING
Est. value
$865,000
WAREHOUSE, STORAGE
Est. value
$800,000
MEDICAL BUILDING
Est. value
$730,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
The Kai I Goudey Revocable Living T
Individual
Mailing address
9031 ELIZABETH LK RD, LEONA VALLEY, CA 93551-7100
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
—
The Kai I Goudey Revocable Living T
Kal I Goudey
Deed
related
$800,000 · Hanmi Bank
Dec 29, 2023
—
Kal I Goudey
Kal I Goudey
Intrafamily Transfer
related
—
Jan 27, 2022
—
Kal I Goudey
—
Deed
related
$115,000 · Servicing Center Nc
Oct 19, 2021
—
Kal I Goudey
Kal I Goudey
Intrafamily Transfer
related
—
Nov 1, 2010
$680,000
Kal I Goudey
Anderson M E & R Living Trust
Grant Deed
$650,000 · Anderson M E & R Living Trust
Aug 5, 2009
—
Monte E Anderson
Bangs Trust B
Quit Claim Deed
—
Jul 12, 1961
—
—
—
Grant Deed
related
—
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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