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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Investment properties
1916 Olive Ave Burbank, CA 91506
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6944760
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1954
Total area
8,145 SF
Lot
0.36 ac (15,507 SF)
Zoning code
BUC2YY
APN
2444-015-026
UPID
US09-6944760
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
$2.12M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$2.32M
Owner & transaction history
1918 30 Olive LLC · 4 yrs held
1918 30 Olive LLC
since 2022
7 recorded transactions
Zoning & alternative use
BUC2YY · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,290,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,705,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10%
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
$285 / 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
$33,620
Tax year 2024
Assessed value
$2,962,765
Assessed 2024
Previous assessed
$2,962,765
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,060,327
Assessed improvement
$902,438
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
1954
Heating
NONE
Stories
1
Total area
8,145 SF
Lot
0.36 ac (15,507 SF)
Zoning code
BUC2YY
APN
2444-015-026
UPID
US09-6944760
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC2YY · Burbank, CA
Zoning BUC2YY · permitted uses
BUC2YY · 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
MEDICAL BUILDING
Est. value
$3.7M
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
1954
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
1918 30 Olive LLC
Entity
Free & Clear · 4 yrs held
Mailing address
363 N HIGHLAND AVE, LOS ANGELES, CA 90036-2629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2022
—
1918 30 Olive LLC
Doris T Luster
Grant Deed
—
Jan 28, 2016
—
Haymes,berfin Trust
Haymes Living Trust
Quit Claim Deed
related
—
Jun 9, 2015
—
Martin Linsk
Poe Roselyn
Affidavit Of Death
related
—
Apr 6, 2015
$150,000
Luster,jeffrey Living Trust
Poe Roselyn M 1995 Trust
Grant Deed
—
May 22, 2012
—
Juanita Kempe
Kempe,juanita
Quit Claim Deed
related
—
Aug 31, 2010
—
Luster Doris Trust
Luster Family Trust
Quit Claim Deed
related
—
Jun 29, 2010
$197,000
Luster Jeffrey Trust
Ricklin S W & C A 2001 Trust
Grant Deed
—
Mar 19, 2009
$50,000
Odare Trust
Wolf Phyllis J Trust
Grant Deed
—
Dec 21, 2001
—
Ricklin,steven W & Carol A Tr
Ricklin,s W & C A
Quit Claim Deed
related
—
Mar 20, 1998
$262,600
Wilshire Escrow Co
Haymes,bertram
Trustees Deed
—
Jun 27, 1972
—
—
—
Grant Deed
related
—
—
—
Ruff
—
Deed Of Trust
related
$425,000 · Applied Dynamics
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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