Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    221 Vly St Burbank, CA 91505
    Back to Search
    Property profile & analytics

    221 Vly St, Burbank, CA 91505

    View on Map
    • Apartment buildings
    • 39,667 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US09-7551686
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,900,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 221 Vly St

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.41 lot acres
    Zone code
    BURS*
    Property type
    Apartment buildings
    APN
    2485-001-145
    APU
    2485001145

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 19, 2018 — Essex Toluca Lake LP — Grant Deed · related $29.5M · Miscellaneous Ins Co
    Nov 9, 2017 $59,000,000 Essex Toluca Lake LP Northstar Of San Marcos Ptrs LLC Grant Deed —
    Aug 6, 2010 — Northstar Of San Marcos Ptrs LLC — Deed Of Trust · related $18.3M · Guardian Life Insurance Co
    Jun 30, 2010 $31,500,000 Northstar Jefferson At Toluca Lake LP Grant Deed —
    Aug 8, 2007 — Jefferson At Toluca Lake LP Chateau Toluca Apartments 110 LLC Grant Deed —
    May 12, 2005 $8,925,080 Toluca Apartments 35 L Chateau Ctf3-burbank LLC Grant Deed —
    Nov 1, 2002 — Mark L Labowe Labow Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.348
    Latitude
    34.1529
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $283,281
    $3,501,986
    $21,968,707
    $25,470,693
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,502 SF

      300 Hollywood Way

      APARTMENT HOUSE (5+ UNITS)
      300 Hollywood Way, Burbank, CA 91505-3483
      View Details
    • Value Estimation by Request
      10,588 SF

      1934 Hollywood Way

      APARTMENT HOUSE (5+ UNITS)
      1934 Hollywood Way, Burbank, CA 91505-1518
      View Details
    • Value Estimation
      $5,990,000
      146,217 SF

      230 Kenwood St

      APARTMENT HOUSE (5+ UNITS)
      230 Kenwood St, Burbank, CA 91505-3974
      View Details
    • Value Estimation
      $860,000
      26,937 SF

      4201 Kling St

      APARTMENT HOUSE (5+ UNITS)
      4201 Kling St, Burbank, CA 91505-3770
      View Details
    • Value Estimation by Request
      6,947 SF

      1547 Edison Blvd

      APARTMENT HOUSE (5+ UNITS)
      1547 Edison Blvd, Burbank, CA 91505-1866
      View Details
    • Value Estimation by Request
      6,232 SF

      3700 Oak St

      APARTMENT HOUSE (5+ UNITS)
      3700 Oak St, Burbank, CA 91505-3407
      View Details

    Similar Nearby for Sale

    • $2,149,000
      5,856 SF

      Magnolia Park 5-Unit Apartment Building

      Well-maintained Burbank apartment building in a desirable location.
      3650 W Clark Ave, Burbank, CA 91505
      View Details
    • $1,000,000
      1,660 SF

      Burbank Duplexes Development Opportunity

      Six-unit duplexes in Burbank, offering development potential.
      3007 W Victory Blvd, Burbank, CA 91505
      View Details
    • $1,800,000
      2,080 SF

      Burbank Quadruplex Investment Opportunity

      Four units near studios and transportation with long-term growth potential.
      1757 N Hollywood Way, Burbank, CA 91505
      View Details
    • $1,800,000

      Burbank Four-Unit Apartment Building

      Four units in Burbank with upside potential.
      1749 N Hollywood Way, Burbank, CA 91505
      View Details
    • New
      $1,695,000
      2,051 SF

      Triplex Residential Income Property

      For sale triplex in Burbank with three residential units and BUR3* zoning.
      2514 W Chandler Blvd, Burbank, CA 91505
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,728 SF

      Burbank Industrial Park Flex Space

      Flex space with frontage, loading docks, and office space.
      4514 W Vanowen St, Burbank, CA 91505
      View Details
    • Contact for pricing
      5,854 SF

      Burbank Flex Space Available

      Flex space available for lease in Burbank, California.
      4131 W Vanowen Pl, Burbank, CA 91505
      View Details
    • Contact for pricing
      19,097 SF

      Burbank Office Space Available

      Office property with 19,097 square feet available for rent.
      3900 West Alameda Ave, Burbank, CA 91505
      View Details
    • Contact for pricing
      7,625 SF

      Retail/Restaurant Space For Lease

      Multi-tenant retail/restaurant space with prominent signage and visibility.
      3001 North Hollywood Way, Burbank, CA 91505
      View Details
    • $2 SF/Yr
      11,250 SF

      Flex Space Near Burbank Airport

      Flex space available for rent near Hollywood Burbank Airport.
      3085 North Hollywood Way, Burbank, CA 91505
      View Details
    • $2 SF/Yr
      1,459 SF

      Burbank Office Building For Rent

      Newly renovated office building near Burbank Blvd and Buena Vista Street.
      2501 W Burbank Blvd, Burbank, CA 91505
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    221 Vly St
    Burbank, CA 91505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    221 Vly St, Burbank, CA, 91505
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!