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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Manufacturing properties
36 Palm Ave Burbank, CA 91502-1831
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8537852
Property summary
AI-generated overview
This exceptional 6,350-square-foot warehouse/showroom is ideally situated in Burbank's vibrant Downtown entertainment district, offering unparalleled visibility and accessibility. Located at 36 E Palm Ave, Burbank, CA 91502, this single-tenant property boasts a prime location off the 5 Freeway, providing excellent freeway visibility and easy access to the 5, 134, and 101 freeways. Built in 1940, this one-story building features a 16-foot ceiling height, one loading dock, one drive-in door, and heavy power, making it suitable for various industrial applications, post-production, or showroom uses. The property sits on a 7,476 square foot lot and includes convenient proximity to city parking facilities. The space is currently vacant and offers a highly attractive lease rate of $2.00 per rentable square foot per month. The building is also located on a dark fiber loop, ensuring robust connectivity. This versatile property presents a unique opportunity for businesses seeking a prominent location in the heart of Burbank. APN: 2453-004-019.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1940
Construction
TILT-UP CONCRETE
Total area
6,350 SF
Lot
0.18 ac (7,750 SF)
Zoning code
BUM2*
APN
2453-004-019
UPID
US09-8537852
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
-
Integrity Driveway Gate Repair General Contractor Construction Company
-
Ground Zero Motorsports Auto Repair Shop Vehicle Inspection Center
-
The dream of a men Adult Dvd Store
-
Garagerz Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
First St Village 275 LLC · 2 yrs held
First St Village 275 LLC
since 2023
5 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%
$1,315,000
6.5%
$1,215,000
7%
$1,125,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$142 / 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
$11,655
Tax year 2024
Assessed value
$922,938
Assessed 2024
Previous assessed
$922,938
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$780,957
Assessed improvement
$141,981
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,350 SF
Lot
0.18 ac (7,750 SF)
Zoning code
BUM2*
APN
2453-004-019
UPID
US09-8537852
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
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
First St Village 275 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
212 N EVERGREEN ST, BURBANK, CA 91505-3988
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
—
First St Village 275 LLC
First St Village 275 LLC
Intrafamily Transfer
related
—
Nov 28, 2022
—
City Of Burbank
First Street Village LLC
Other
—
Jan 31, 2003
—
First Street Village LLC
Dossen,tr
Grant Deed
related
—
Aug 24, 1994
—
Dossen Martin T Co Tr
—
Deed Of Trust
related
—
Jan 1, 1967
—
—
—
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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