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Property profile & analytics
OFF-MARKET
Auto shops
509 Victory Blvd Burbank, CA 91502-2355
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0217068
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
TILT-UP CONCRETE
Total area
1,500 SF
Lot
0.05 ac (2,201 SF)
Zoning code
BUC4*
APN
2451-023-030
UPID
US10-0217068
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
-
Holiday BIKE Ride and TOY Drive (Bike/Boat/Book/etc) Store
-
Eurowurx Inc. Auto Repair Shop
-
Stotts Bicycles (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tabakian Trust · 11 yrs held
Tabakian Trust
since 2014
7 recorded transactions
Zoning & alternative use
BUC4* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,480
Tax year 2024
Assessed value
$388,596
Assessed 2024
Previous assessed
$388,596
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$217,131
Assessed improvement
$171,465
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,500 SF
Lot
0.05 ac (2,201 SF)
Zoning code
BUC4*
APN
2451-023-030
UPID
US10-0217068
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC4* · Burbank, CA
Zoning BUC4* · permitted uses
BUC4* · 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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Tabakian Trust
Trust
Free & Clear · 11 yrs held
Mailing address
1537 GRANDVIEW AVE, GLENDALE, CA 91201-1419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2014
—
Tabakian Trust
Tabakian,kevork K
Quit Claim Deed
related
—
May 27, 2008
—
Kevork K Tabakian
Tabakian,kevork K
Quit Claim Deed
related
—
Oct 19, 2005
—
Kevork K Tabalkian
Tabakian,rafi K
Quit Claim Deed
related
—
Dec 21, 2004
—
Rafi K Tabakian
Tabakian,rafi K
Quit Claim Deed
related
—
Nov 12, 2002
—
Rafi K Tabakian
Tabalkian,k K
Quit Claim Deed
related
—
Aug 29, 2002
—
Kevork K Tabalkian
Tabakian,r K
Quit Claim Deed
related
—
Jul 11, 2002
—
R Tabakian
Tabakian,k K & G
Quit Claim Deed
related
—
May 22, 2002
—
Kevork K Tabelkian
Tabalkian,k
Quit Claim Deed
related
—
Oct 5, 2000
—
Kevork K Tabakian
Tabakian,k K & G Trustees
Quit Claim Deed
related
—
Jul 22, 1999
—
Tabakian,kevork K & Georgette Tr
Tabakian,k K & G
Quit Claim Deed
related
—
Jul 15, 1988
$325,000
Tabakian Kevork
Diamond James C
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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