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Property profile & analytics
FOR LEASE
Office buildings
209 E Alameda Ave Burbank, CA 91502
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6944926
For Lease
1 / 3
Contact for pricing
209 E Alameda Ave, Burbank, CA 91502
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
489 SF
Lot
1.52 ac (66,392 SF)
Zoning code
BUC2*
APN
2451-034-082
UPID
US09-6944926
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
-
Metropolis Computer software & IT Support Tech Support Center (Bike/Boat/Book/etc) Store
-
Appail! Advertising Agency Marketing & Advertising
-
Trimark Marketing Group Advertising Agency Marketing & Advertising
-
Joseph Chitmongran Law Office Law Firm
-
Gonda Jodi K Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Sandy Salas Separate Property T
The Sandy Salas Separate Property T
since 2025
Last sale
$485,000
7 recorded transactions
Zoning & alternative use
BUC2* · 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
—
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
$4,532
Tax year 2024
Assessed value
$364,140
Assessed 2024
Previous assessed
$364,140
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$109,242
Assessed improvement
$254,898
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
OFFICE BUILDING
Status
For Lease
Year built
1983
Construction
WOOD
Heating
NONE
Total area
489 SF
Lot
1.52 ac (66,392 SF)
Zoning code
BUC2*
APN
2451-034-082
UPID
US09-6944926
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC2* · Burbank, CA
Zoning BUC2* · permitted uses
BUC2* · 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
1983
Construction
WOOD
Heating
NONE
Lot
1.52 ac
Current owner
From public records · entity-resolved
The Sandy Salas Separate Property T
Entity
Mailing address
914 S VICTORY BLVD, BURBANK, CA 91502-2429
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
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
$485,000
The Sandy Salas Separate Property T
912 S Victory LLC
Grant Deed
—
Mar 16, 2023
—
Arutyun Agaronyan
Inga Simonian
Deed
related
$325,500 · Allied Commercial Funding Corp
Mar 16, 2023
$485,000
Arutyun Agaronyan
Lvhe Properties LLC
Grant Deed
$20,000 · Lvhe Properties LLC
Dec 12, 2022
$440,000
912 S Victory LLC
Levon Vardapetyan
Grant Deed
—
Sep 9, 2022
—
Levon Vardapetyan
Levon Vardapetyan
Deed
—
May 13, 2022
—
Levon Vardapetian
—
Deed
related
$500,000 · Armen Poghosyan
Apr 11, 2022
—
Levon Vardapetyan
—
Deed
related
$900,000 · Leverage Financial
Sep 1, 2021
$350,000
Levon Vardapetyan
Wayne W Hoeft
Grant Deed
$250,000 · Allied Lending Group INC
Sep 1, 2021
—
Levon Vardapetyan
Vardui Yepremyan
Intrafamily Transfer
related
—
May 5, 2021
—
John Ismerio
John Ismerio
Deed
related
—
Jan 12, 2021
—
Levon Vardapetyan
Vardui Yepremyan
Quitclaim Deed
related
—
Jan 12, 2021
$275,000
Levon Vardapetyan
John Ismerio
Grant Deed
$190,000 · Artem Gerashchenkov
Dec 4, 2019
—
John Ismerio
John Ismerio
Quitclaim Deed
related
$175,000 · Manask Family Trust (pt)
Nov 1, 2018
$245,000
John Ismerio
Manask Family Trust
Grant Deed
$225,000 · Manask Family Trust (pt)
Nov 1, 2018
—
Manask Family Trust
Manask Susan Living Tru
Quitclaim Deed
related
—
Apr 13, 2018
—
Hoeft Trust
—
Deed
related
$30,000 · Richard & Jean Andersen
Oct 12, 2017
—
Hoeft Trust
—
Deed
related
$50,000 · Topolovich Family Trust (pt)
Aug 3, 2017
$3,800,000
212 Valencia Burbank LLC
209 East Alameda Avenue LLC
Grant Deed
—
Feb 22, 2017
—
John Ismerio
—
Deed
related
$175,000 · Teplin Family Trust (pt)
Aug 14, 2009
—
Hoeft Trust
Hoeft,wayne W
Quit Claim Deed
related
—
Jun 7, 1989
$31,000
Hoeft Wayne W
Hodges,fred And
Grant Deed
related
—
—
—
Hoeft Trust
—
Deed Of Trust
related
$50,000 · Topolovich Family Trust (pt)
—
—
Hoeft Trust
—
Deed Of Trust
related
$30,000 · Richard & Jean Andersen
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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