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Property profile & analytics
FOR LEASE
Office buildings
2777 N Ontario St Burbank, CA 91504
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8423762
For Lease
1 / 2
$39,505,000
2777 N Ontario St, Burbank, CA 91504
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
126,500 SF
Lot
4.5 ac (195,850 SF)
Zoning code
BUM2*
APN
2466-007-021
UPID
US09-8423762
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
-
EIKON Group Media Distribution
-
The Patient Funnel Medical Clinic
-
Point360 Visual Sound Film Production
-
Reliance Mediaworks Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$44.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$39.51M
Owner & transaction history
2777 Ontario LLC · 3 yrs held
2777 Ontario LLC
since 2023
Last sale
$37.0M
7 recorded transactions
Zoning & alternative use
BUM2* · 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
$39,545,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$48,170,000
6.5%
$44,465,000
7%
$41,290,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$62,750,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$60,715,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$57,505,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$39.51M
Range $35.55M – $43.46M · ±10% · vs last sale $37.00M (Jan 4 2023)
Last sale anchor
$37.00M
Jan 4 2023
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
$312 / 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
$429,212
Tax year 2024
Assessed value
$37,740,000
Assessed 2024
Previous assessed
$37,740,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$28,050,000
Assessed improvement
$9,690,000
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
1967
Heating
NONE
Stories
1
Total area
126,500 SF
Lot
4.5 ac (195,850 SF)
Zoning code
BUM2*
APN
2466-007-021
UPID
US09-8423762
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUM2* · Burbank, CA
Zoning BUM2* · permitted uses
BUM2* · 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
$62.8M
COMMERCIAL (GENERAL)
Est. value
$60.7M
MEDICAL BUILDING
Est. value
$57.5M
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1967
Heating
NONE
Stories
1
Lot
4.5 ac
Current owner
From public records · entity-resolved
2777 Ontario LLC
Entity
Mailing address
11100 SANTA MONICA BLVD STE #270, LOS ANGELES, CA 90025-6692
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
2777 Ontario LLC
—
Deed
related
$26,800,000 · Ladder Capital Finance LLC
Jan 4, 2023
$37,000,000
2777 Ontario LLC
2777 Ontario Venture LLC
Grant Deed
$27,395,000 · Prime Finance Short Duration Holdin
Apr 29, 2015
$17,250,000
2777 Ontario Venture LLC
2777 LLC
Grant Deed
—
Nov 2, 2011
—
2777 LLC
—
Deed Of Trust
related
$15,500,000 · Variable Annuity Life Ins Co
Oct 10, 2006
—
2777 LLC
—
Deed Of Trust
related
$15,500,000 · Variable Annuity Life Ins Co
Oct 2, 2006
$19,800,000
2777 LLC
Holland Family Trust
Grant Deed
—
May 10, 2002
—
R Holland
Holland,k
Quit Claim Deed
related
—
Jul 22, 1997
—
Holland,kenneth F & Judith A Tru
Lockheed,martin
Trustees Deed
related
—
—
—
Holland Trust
—
Deed Of Trust
related
$3,957,000 · City National Bank
—
—
Holland Trust
—
Deed Of Trust
related
$1,000,000 · California Statewide Certified
—
—
Holland Trust
—
Deed Of Trust
related
$3,500,000 · California Federal Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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