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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Warehouses
2927 Ontario St Burbank, CA 91504-2017
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8592784
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1952
Construction
TILT-UP CONCRETE
Total area
28,000 SF
Lot
0.99 ac (43,048 SF)
Zoning code
BUM2*
APN
2466-004-003
UPID
US09-8592784
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
$6.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.32M
Owner & transaction history
3884 Stoneridge LLC · 9 yrs held
3884 Stoneridge LLC
since 2017
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,040,000
6.5%
$6,500,000
7%
$6,035,000
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±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
$190 / 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
$63,521
Tax year 2024
Assessed value
$5,476,587
Assessed 2024
Previous assessed
$5,476,587
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,982,402
Assessed improvement
$1,494,185
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
28,000 SF
Lot
0.99 ac (43,048 SF)
Zoning code
BUM2*
APN
2466-004-003
UPID
US09-8592784
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.
Building & site characteristics
From public records
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
3884 Stoneridge LLC
Entity
Mailing address
17337 VENTURA BLVD STE #318, ENCINO, CA 91316-4920
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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 22, 2017
—
3884 Stoneridge LLC
—
Deed
related
$800,000 · Community Bank
Oct 5, 2017
—
3884 Stoneridge LLC
—
Deed
related
—
Apr 26, 2017
$6,500,000
3884 Stoneridge LLC
Robert W Mertz
Grant Deed
$3,800,000 · Community Bank
Jan 25, 2017
—
Robert W Mertz
Mertz,robert W & Rae A
Quit Claim Deed
related
—
Jun 4, 1993
$1,100,000
Robert W Mertz
Ph Burbank Holdi
Grant Deed
$990,000 · Government Funding Ca Bus&ind
Nov 13, 1992
$6,947,109
Ph Burbank Holdings INC
Weber,aircraft
Grant Deed
related
—
—
—
3884 Stoneridge LLC
—
Loan Modification
related
—
—
—
Robert W Mertz
—
Deed Of Trust
related
$1,300,000 · Citizens Business Bank
Jan 2, 1969
$215,000
—
—
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.
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