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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Apartment buildings
1799 Hollywood Way Burbank, CA 91505-1513
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7324572
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
9,306 SF
Lot
0.23 ac (10,191 SF)
Zoning code
BUR4*
APN
2436-011-001
UPID
US09-7324572
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
$4.40M
Blend (final)
Blend
$3.77M
Owner & transaction history
Commercial Alliance LLC
Commercial Alliance LLC
since 2025
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
BUR4* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+85.3%
Neighborhood: shopping center
$5.7M
+73.1%
Retail stores
$5.1M
+56.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,270,000
Current use
RESTAURANT
$6,060,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,665,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$5,115,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$4,970,000
Change: +52% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,615,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,465,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $3.45M (Dec 31 2025)
Last sale anchor
$3.45M
Dec 31 2025
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
$405 / 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
$45,416
Tax year 2024
Assessed value
$4,015,864
Assessed 2024
Previous assessed
$4,015,864
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,606,345
Assessed improvement
$2,409,519
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
13
Bathrooms
13
Total area
9,306 SF
Lot
0.23 ac (10,191 SF)
Zoning code
BUR4*
APN
2436-011-001
UPID
US09-7324572
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUR4* · Burbank, CA
Zoning BUR4* · permitted uses
BUR4* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.3M
RESTAURANT
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
RETAIL STORES
Est. value
$5.1M
OFFICE BUILDING
Est. value
$5.0M
WAREHOUSE, STORAGE
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
13
Bathrooms
13
Lot
0.23 ac
Current owner
From public records · entity-resolved
Commercial Alliance LLC
Entity
Mailing address
101 S 1ST ST STE #400, BURBANK, CA 91502-1938
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 31, 2025
$3,450,000
Commercial Alliance LLC
San Jose Burbank LLC
Grant Deed
$2,260,000 · Jpmorgan Chase Bank NA
Oct 3, 2017
$2,991,000
San Jose-burbank LLC
Arc/x Properties LLC
Grant Deed
$2,390,000 · Arc/x Properties LLC
Apr 17, 2012
—
Arc/x Properties LLC
Arc/x Properties LLC
Grant Deed
related
$685,000 · Jpmorgan Chase Bank NA
Jan 31, 2005
—
Arc Of X Properties LLC
Cusumano A R 1996 Trust
Grant Deed
—
Mar 13, 1996
$625,000
Roger A Cusumano
Wattenberger Trust
Grant Deed
$450,000 · Seller
—
—
Cusumano,tr
—
Deed Of Trust
related
$100,000 · Frances J Smart
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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