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Property profile & analytics
OFF-MARKET
Estimated value
$29,455,000
Investment properties
325 1st St Burbank, CA 91502-1883
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9723176
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2022
Construction
WOOD
Total area
121,278 SF
Lot
1 ac (43,371 SF)
Zoning code
BUM2*
APN
2453-004-027
UPID
US09-9723176
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
-
Hardcore Fitness Burbank Gym & Fitness Center
-
First Street Apartments Apartment Building
-
Hollywood pet Center - Burbank Grooming store Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.46M
Owner & transaction history
Southern California Gas Company · 3 yrs held
Southern California Gas Company
since 2022
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%
$34,110,000
6.5%
$31,485,000
7%
$29,235,000
Blend value · Realmo final
$29.46M
Range $26.51M – $32.40M · ±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
$243 / 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
$497,212
Tax year 2024
Assessed value
$43,561,762
Assessed 2024
Previous assessed
$43,561,762
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$6,231,970
Assessed improvement
$37,329,792
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2022
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
94
Total area
121,278 SF
Lot
1 ac (43,371 SF)
Zoning code
BUM2*
APN
2453-004-027
UPID
US09-9723176
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
2022
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
94
Lot
1 ac
Current owner
From public records · entity-resolved
Southern California Gas Company
Entity
Free & Clear · 3 yrs held
Mailing address
212 N EVERGREEN ST, BURBANK, CA 91505-3988
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 11, 2023
—
First Street Village LLC
—
Deed
related
$32,600,000 · State Farm Mutual Automobile Insurance C
Aug 19, 2022
—
Southern California Gas Company
First Street Village LLC
Other
—
Dec 30, 2019
—
First Street Village LLC
—
Grant Deed
related
$26,700,000 · Wells Fargo Bk
Oct 28, 2019
—
First Street Village LLC
315 North First Street LLC
Quit Claim Deed
—
Nov 15, 2013
$3,650,000
315 North First Street LLC
All Valley Properties LLC
Grant Deed
—
Aug 16, 2005
$2,100,000
All Valley Properties LLC
Wilcock Family LLC
Grant Deed
$1,575,000 · First Republic Bank
Apr 6, 2001
—
—
Wilcock,a C Tr
Grant Deed
related
—
—
—
Wilcock Trust
—
Deed Of Trust
related
$500,000 · Wells Fargo 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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