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Property profile & analytics
FOR LEASE
Retail space
3078 N Lima St Burbank, CA 91504
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0017869
For Lease
1 / 11
$8,000/Mo
3078 N Lima St, Burbank, CA 91504
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
918 SF
Lot
0.15 ac (6,522 SF)
Zoning code
BUM2*
APN
2466-001-054
UPID
US10-0017869
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$900k
Owner & transaction history
Lara Abramian Dishigrikyan · 1 yrs held
Lara Abramian Dishigrikyan
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
BUM2* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$725,000
+47.7%
Neighborhood: shopping center
$560,000
+14.1%
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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$725,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$560,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Aug 14 2024)
Last sale anchor
$900k
Aug 14 2024
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
$980 / 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
$11,320
Tax year 2024
Assessed value
$1,003,964
Assessed 2024
Previous assessed
$1,003,964
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$613,534
Assessed improvement
$390,430
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1955
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
918 SF
Lot
0.15 ac (6,522 SF)
Zoning code
BUM2*
APN
2466-001-054
UPID
US10-0017869
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
AUTO REPAIR, GARAGE
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$560,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1955
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lara Abramian Dishigrikyan
Individual
Mailing address
11332 COVELLO ST, SUN VALLEY, CA 91352-4711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
—
Lara Abramian Dishigrikyan
Lara Abramian Dishigrikyan
Deed
related
$600,000 · First Citizens Bank & Trust Co
Aug 14, 2024
—
Lara Abramian Dishigrikyan
Lara Abramian Dishigrikyan
Intrafamily Transfer
related
—
Aug 22, 2017
$900,000
Best Car Towing INC
Jeannine A Berry
Grant Deed
$765,000 · Firstbank
Nov 27, 1996
—
Jeannine A Berry
Berry,d J
Quit Claim Deed
related
—
—
—
David J An Berry
—
Deed Of Trust
related
$153,300 · Old Stone Credit Corp
—
—
Berry,tr
—
Deed Of Trust
related
$156,500 · Wells Fargo Bank
—
—
David J An Berry
—
Deed Of Trust
related
$30,000 · Ventura Bancorp
—
—
Jeannine A Berry
—
Deed Of Trust
related
$161,000 · California Equicredit Corp
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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