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Property profile & analytics
FOR SALE
Apartment buildings
2300 Tulare Ave Burbank, CA 91504
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8014624
For Sale
1 / 5
$1,825,000
2300 Tulare Ave, Burbank, CA 91504
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
4,185 SF
Lot
0.14 ac (6,086 SF)
Zoning code
BUR4*
APN
2473-016-037
UPID
US09-8014624
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2300 Tulare Avenue LLC · 1 yrs held
2300 Tulare Avenue LLC
since 2024
7 recorded transactions
Zoning & alternative use
BUR4* · 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
$9,928
Tax year 2024
Assessed value
$830,644
Assessed 2024
Previous assessed
$830,644
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$332,256
Assessed improvement
$498,388
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
For Sale
Year built
1950
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
YES
Buildings
2
Units
5
Bathrooms
5
Total area
4,185 SF
Lot
0.14 ac (6,086 SF)
Zoning code
BUR4*
APN
2473-016-037
UPID
US09-8014624
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.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Buildings
2
Units
5
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
2300 Tulare Avenue LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1909 LAS FLORES DR, GLENDALE, CA 91207-1215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
—
2300 Tulare Avenue LLC
Teddy Sou Yung Inn
Grant Deed
—
Jul 2, 2019
—
Teddy Sou Yung Inn
—
Deed
related
$660,000 · East West Bank
Jul 26, 2012
—
Inn Teddy & Angela Trust
Inn Teddy & Angela Trust
Quit Claim Deed
related
$350,000 · Bank Of East Asia
Aug 7, 2002
—
Inn Teddy S&angels Y Trustees
Inn T S&a Y
Quit Claim Deed
related
—
Jul 23, 2002
$585,000
Inn,teddy S & Angela Y
Holt Trust
Grant Deed
$351,000 · Trust Bank Fsb
Jan 16, 2002
—
Holt,peggy M Tr
Holt,p M
Quit Claim Deed
related
—
Jul 8, 1971
$52,000
—
—
Grant Deed
related
—
—
—
Donald E An Holt
—
Deed Of Trust
related
$20,001 · Security Pacific National Bank
Mar 10, 1969
$30,500
—
—
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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