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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Strip malls
1701 Burbank Blvd Burbank, CA 91506-1323
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7324718
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
TILT-UP CONCRETE
Total area
7,386 SF
Lot
0.25 ac (10,881 SF)
Zoning code
BUC-3*
APN
2438-027-022
UPID
US09-7324718
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
-
Sevana Soulakhian - State Farm Insurance Agent Insurance Agency
-
Burbank Reese Market Grocery & Convenience Store Food Market
-
DM Computer Repair Computer & Electronic Repair Tech Support Center
-
Med Life Home Health Home Health Care Service
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Vishal Chathle · 2 yrs held
Vishal Chathle
since 2024
7 recorded transactions
Zoning & alternative use
BUC-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$200 / 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
$13,813
Tax year 2024
Assessed value
$1,176,309
Assessed 2024
Previous assessed
$1,176,309
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$334,779
Assessed improvement
$841,530
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
7,386 SF
Lot
0.25 ac (10,881 SF)
Zoning code
BUC-3*
APN
2438-027-022
UPID
US09-7324718
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC-3* · Burbank, CA
Zoning BUC-3* · permitted uses
BUC-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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Vishal Chathle
Individual
Mailing address
27020 LAMBERTON PL, VALENCIA, CA 91354-2436
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Vishal Chathle
Vishal Chathle
Intrafamily Transfer
related
$600,000 · Logix FCU
Oct 26, 2010
—
Chathle Satya P Trust
Jaidka,navkala
Quit Claim Deed
related
—
Nov 14, 2006
—
Lakhanpal Mona C Tr
Chathle,satya P
Affidavit Of Death
—
Aug 28, 2006
—
Chathle Satya P Trust
Chathle,s P
Quit Claim Deed
related
—
Jan 19, 2000
—
Chathle S P Trustee
Chathle,s P
Quit Claim Deed
related
—
Jan 5, 1973
—
—
—
Grant Deed
related
—
—
—
Satya P Chathle
—
Deed Of Trust
related
$150,000 · Imperial Home Mortgage Co INC
—
—
Satya P Chathle
—
Deed Of Trust
related
$20,000 · California Korea Bank
—
—
Satya P Chathle
—
Deed Of Trust
related
$122,000 · Individual
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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