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Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Office buildings
1818 Burbank Blvd Burbank, CA 91506-1348
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0195035
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1948
Total area
4,583 SF
Lot
0.19 ac (8,294 SF)
Zoning code
BUC3YY
APN
2448-012-007
UPID
US10-0195035
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
-
Vanessa Ho, DDS Dental Office
-
Vivian Tom DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$2.36M
Owner & transaction history
1822 W Burbank Associates LLC · 5 yrs held
1822 W Burbank Associates LLC
since 2020
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
BUC3YY · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+46.3%
Neighborhood: shopping center
$2.8M
+13.1%
Retail stores
$2.5M
+1.7%
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
$2,780,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
$1,745,000
6.5%
$1,610,000
7%
$1,495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,465,000
Current use
AUTO REPAIR, GARAGE
$3,610,000
Change: +46% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$2,510,000
Change: +2% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,275,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,200,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$2,085,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$2.36M
Range $2.12M – $2.59M · ±10% · vs last sale $2.15M (Dec 17 2020)
Last sale anchor
$2.15M
Dec 17 2020
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
$514 / 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
$25,679
Tax year 2024
Assessed value
$2,281,596
Assessed 2024
Previous assessed
$2,281,596
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,804,053
Assessed improvement
$477,543
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Total area
4,583 SF
Lot
0.19 ac (8,294 SF)
Zoning code
BUC3YY
APN
2448-012-007
UPID
US10-0195035
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3YY · Burbank, CAZoning BUC3YY · permitted uses
BUC3YY · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RETAIL STORES
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1948
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
1822 W Burbank Associates LLC
Entity
Mailing address
1822 W BURBANK BLVD, BURBANK, CA 91506-1348
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2021
—
1822 W Burbank Associates LLC
—
Deed
related
$1,075,000 · Citizens Busn Bk
Dec 17, 2020
$2,150,000
1822 W Burbank Associates LLC
1818 Burbank Associates
Grant Deed
$1,075,000 · Citizens Business Bank
Feb 25, 1992
$608,000
Burbank Ass 1818
Harry,sookdeo
Grant Deed
$492,750 · Seller
Sep 26, 1989
—
Diane Chase
Chase Stuart&
Quit Claim Deed
related
—
—
—
1818 Burbank Assoc
—
Deed Of Trust
related
$25,000 · Individual
—
—
1818 Burbank Associates
—
Deed Of Trust
related
$300,000 · Eber Slaght
—
—
1818 Burbank Associates
—
Deed Of Trust
related
$136,000 · Thomas Lawton
—
—
1822 W Burbank Associates LLC
—
Deed Of Trust
related
$1,075,000 · Citizens Busn Bk
—
—
Burbank Associates
—
Deed Of Trust
related
$450,000 · Western Security Bank
—
—
1818 Burbank Associates
—
Deed Of Trust
related
$30,000 · 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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