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Property profile & analytics
OFF-MARKET
Estimated value
$8,665,000
Community centers
2400 Victory Blvd Burbank, CA 91506-1229
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7258850
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Total area
28,413 SF
Lot
1.61 ac (70,078 SF)
Zoning code
BUC3*
APN
2438-012-001
UPID
US09-7258850
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
-
Yogurtland Burbank Cafe & Coffee Shop Take-out & Catering
-
Landmark Shopping Center Shopping Center & Mall
-
Locksmith Burbank Pros Locksmith
-
Bank of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.67M
Owner & transaction history
Gam Venture One LLC · 21 yrs held
Gam Venture One LLC
since 2004
6 recorded transactions
Zoning & alternative use
BUC3* · 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%
$12,825,000
6.5%
$11,840,000
7%
$10,995,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,095,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$8.67M
Range $7.80M – $9.53M · ±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
$305 / 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
$118,981
Tax year 2024
Assessed value
$10,454,381
Assessed 2024
Previous assessed
$10,454,381
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$6,286,296
Assessed improvement
$4,168,085
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
28,413 SF
Lot
1.61 ac (70,078 SF)
Zoning code
BUC3*
APN
2438-012-001
UPID
US09-7258850
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3* · Burbank, CA
Zoning BUC3* · permitted uses
BUC3* · 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
WAREHOUSE, STORAGE
Est. value
$14.1M
WAREHOUSE, STORAGE
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
1978
Heating
NONE
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Gam Venture One LLC
Entity
Mailing address
4806 LAUREL CYN BLVD, VALLEY VILLAGE, CA 91607-3717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Gam Venture One LLC
—
Deed
related
$6,000,000 · Citizens Business Bank
Dec 22, 2004
$7,650,000
Gam Venture One LLC
Gd Victory LLC
Grant Deed
$5,000,000 · Citigroup Global Markets Realt
Jan 10, 2001
—
Victory Gd
Fujinami L Trustee,
Grant Deed
related
—
Mar 1, 1999
—
Fujinami,itsuno Trustee
Fujinami,i
Quit Claim Deed
related
—
—
—
T D Fujinami Estate
—
Deed Of Trust
related
$23,500 · Us Small Business Admn
—
—
Gd Victory LLC
—
Deed Of Trust
related
$2,200,000 · Union Bank Of California
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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