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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Retail space
435 Main St Burbank, CA 91506-2522
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0206738
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Total area
4,714 SF
Lot
0.36 ac (15,492 SF)
Zoning code
BUC3-R3-R1
APN
2445-001-013
UPID
US10-0206738
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
-
Alex Catering Corporation Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.01M
Owner & transaction history
Trilateral Properties LLC
Trilateral Properties LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
BUC3-R3-R1 · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.9M
+11.2%
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
$1,995,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
$1,985,000
6.5%
$1,835,000
7%
$1,700,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,580,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,870,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$2,540,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$2,340,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,265,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$2,145,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.15M (May 1 2025)
Last sale anchor
$2.15M
May 1 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
$426 / 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
$22,883
Tax year 2024
Assessed value
$2,009,400
Assessed 2024
Previous assessed
$2,009,400
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,606,500
Assessed improvement
$402,900
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
Off-Market
Year built
1940
Heating
NONE
Stories
1
Total area
4,714 SF
Lot
0.36 ac (15,492 SF)
Zoning code
BUC3-R3-R1
APN
2445-001-013
UPID
US10-0206738
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3-R3-R1 · Burbank, CA
Zoning BUC3-R3-R1 · permitted uses
BUC3-R3-R1 · 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
RETAIL STORES Current
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1940
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Trilateral Properties LLC
Entity
Mailing address
1770 GOLF CLB DR, GLENDALE, CA 91206-1350
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$2,150,000
Trilateral Properties LLC
Glendale Management Group LLC
Grant Deed
$1,720,000 · Bank Of America NA
Mar 21, 2023
$1,970,000
Glendale Management Group LLC
Alex In The Kitchen INC
Grant Deed
$727,000 · Garen Derhartumian
Jan 19, 2021
—
Alex In The Kitchen INC
—
Deed
related
$79,000 · Arthur Mangassarian
Jan 15, 2021
$1,575,000
Alex In The Kitchen INC
Begoumian 2004 Family Trust
Grant Deed
$1,375,000 · Matuos Matti
Aug 18, 2017
—
Roubina Begoumian
—
Deed
related
$700,000 · Golden State Bank
Nov 25, 2015
—
Begoumian 2004 Family Trust
Begoumian,emma M
Quit Claim Deed
related
—
May 30, 2013
—
Emma M Begoumian
Begoumian 2004 Fam Of Trust
Quit Claim Deed
related
—
Jul 24, 2009
—
Begoumian Family 2004 Trust
Begoumian,daryoush
Affidavit Of Death
related
—
Mar 10, 2005
—
Begoumian 2004 Family Trust
Begoumian,daryoush & Roubina
Quit Claim Deed
related
—
Jan 6, 1989
$425,000
Begoumian Daryou
Camp
Grant Deed
$340,000 · Camperi Rika&
—
—
Begoumian 2004 Family Trust
—
Deed Of Trust
related
$440,000 · Professional Business Bank
—
—
Begoumian Family 2004 Trust
—
Deed Of Trust
related
$125,000 · Broadway Realtors INC
—
—
Emma M Begoumian
—
Deed Of Trust
related
$120,000 · Varant Markarian
—
—
Begoumian 2004 Family Trust
—
Loan Modification
related
—
—
—
Alex In The Kitchen INC
—
Deed Of Trust
related
$79,000 · Arthur Mangassarian
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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