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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Office buildings
411 Palm Ave Burbank, CA 91501-2010
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6821940
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1936
Construction
WOOD
Total area
788 SF
Lot
0.12 ac (5,229 SF)
Zoning code
BUC3*
APN
2455-029-017
UPID
US09-6821940
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
-
Palm Dental Studio Dental Office
-
Gutierre Kathy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$735k
Owner & transaction history
Rvk Capital LLC · 1 yrs held
Rvk Capital LLC
since 2025
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
BUC3* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$620,000
+41.8%
Neighborhood: shopping center
$480,000
+9.6%
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
$710,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$620,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$480,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $775k (Jan 27 2025)
Last sale anchor
$775k
Jan 27 2025
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
$933 / 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
$9,260
Tax year 2024
Assessed value
$822,435
Assessed 2024
Previous assessed
$822,435
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$742,845
Assessed improvement
$79,590
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1936
Construction
WOOD
Heating
NONE
Stories
1
Total area
788 SF
Lot
0.12 ac (5,229 SF)
Zoning code
BUC3*
APN
2455-029-017
UPID
US09-6821940
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
AUTO REPAIR, GARAGE
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$480,000
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
1936
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Rvk Capital LLC
Entity
Mailing address
5460 WHITE OAK AVE, ENCINO, CA 91316-2401
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
Rvk Capital LLC
—
Deed
related
$2,600,000 · Live Oak Banking Company
Jan 27, 2025
—
Rvk Capital LLC
Abrahamian Dental INC
Quitclaim Deed
related
$623,674 · Fifth Third Bank NA
Apr 26, 2021
$775,000
Abrahamian Dental INC
William D Miller
Grant Deed
$658,000 · Golden Bank NA
Feb 27, 2019
—
William D Miller
—
Deed
related
$384,000 · Rjs Financial INC
May 9, 2017
$234,500
William D Miller
Ramezani,mojgan
Grant Deed
$280,000 · Rjs Financial INC
Oct 15, 2013
—
William O Miller
Hazeghi,mahrou
Quit Claim Deed
related
—
Dec 13, 2006
—
William D Miller
Miller,william D & Patricia A
Quit Claim Deed
related
—
Nov 3, 2003
$205,000
William D Miller
Inouye,craig S & Charlotte E
Grant Deed
$79,000 · Craig S & Charlotte E Inouye
Mar 28, 1996
$190,000
Craig S Inouye
Jo Anne Covert Trustee
Grant Deed
$139,000 · Bank Of Commerce
Jul 29, 1993
—
Covert,jo Anne Tr
—
Deed Of Trust
related
—
Sep 29, 1989
—
Covert Fmly Tr
Covert Carter&jo
Quit Claim Deed
related
—
—
—
William D Miller
—
Deed Of Trust
related
$384,000 · Rjs Financial INC
—
—
Covert Fmly Tr
—
Deed Of Trust
related
$75,000 · Valley Bank
—
—
Mojgan Ramezani
—
Deed Of Trust
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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