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Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Warehouses
3417 Burbank Blvd Burbank, CA 91505-2233
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6477063
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
5,611 SF
Lot
0.17 ac (7,205 SF)
Zoning code
BUC3*
APN
2437-025-027
UPID
US09-6477063
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
-
Open Box Stage Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$2.90M
Owner & transaction history
Audita LLC · 5 yrs held
Audita LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
BUC3* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.4M
+58.8%
Restaurant
$3.7M
+31.3%
Neighborhood: shopping center
$3.4M
+22.7%
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
$3,190,000
ML approach
$3,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,785,000
Current use
AUTO REPAIR, GARAGE
$4,420,000
Change: +59% · Conversion: Easy
RESTAURANT
$3,655,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,415,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$3,085,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$2,995,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,695,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$2,550,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±10% · vs last sale $2.68M (Mar 5 2021)
Last sale anchor
$2.68M
Mar 5 2021
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
$516 / 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
$31,877
Tax year 2024
Assessed value
$2,844,037
Assessed 2024
Previous assessed
$2,844,037
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,016,295
Assessed improvement
$827,742
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,611 SF
Lot
0.17 ac (7,205 SF)
Zoning code
BUC3*
APN
2437-025-027
UPID
US09-6477063
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 Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RESTAURANT
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RETAIL STORES
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Audita LLC
Entity
Mailing address
3417 W BURBANK BLVD, BURBANK, CA 91505-2233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Aug 3, 2023
—
Audita LLC
—
Deed
related
$1,604,000 · Wells Fargo Bank NA
Mar 5, 2021
$2,680,000
Audita LLC
Valo LLC
Grant Deed
$1,500,000 · Rediger Investment Mortgage Fund
Jan 30, 2013
—
Patricia A Larsen
Larsen,john & Patti
Quit Claim Deed
related
—
Jan 13, 2011
—
Patricia A Larsen
Larsen,john & Patti
Quit Claim Deed
related
—
Jan 7, 2008
$1,750,000
Lambert Family Living Trust
Stratton Family Trust
Grant Deed
—
Dec 31, 2002
—
Stratton,tr
Paul,george P & Lori
Grant Deed
related
$650,000 · George P & Lori Paul
Oct 21, 2002
—
George Paul
Nelson,c L & M A Tr
Grant Deed
related
—
—
—
Stratton Family Trust
—
Deed Of Trust
related
$1,100,000 · Nelson Family Trust
—
—
Lambert Family Living Trust
—
Deed Of Trust
related
$550,000 · James L & Percy G Decker
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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