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Property profile & analytics
OFF-MARKET
Estimated value
$10,125,000
Apartment buildings
711 Hollywood Way Burbank, CA 91505
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7834366
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
20,438 SF
Lot
0.42 ac (18,346 SF)
Zoning code
BUR4*
APN
2480-014-021
UPID
US09-7834366
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.67M
Blend (final)
Blend
$10.13M
Owner & transaction history
Beech Hill Equities LLC · 1 yrs held
Beech Hill Equities LLC
since 2025
Last sale
$10.4M
7 recorded transactions
Zoning & alternative use
BUR4* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.1M
+124.1%
Restaurant
$13.3M
+85.3%
Neighborhood: shopping center
$12.4M
+73.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,185,000
Current use
AUTO REPAIR, GARAGE
$16,100,000
Change: +124% · Conversion: Difficult
RESTAURANT
$13,310,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,440,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$11,230,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$10,915,000
Change: +52% · Conversion: Moderate
WAREHOUSE, STORAGE
$10,140,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,810,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$10.13M
Range $9.11M – $11.14M · ±10% · vs last sale $10.35M (Mar 13 2025)
Last sale anchor
$10.35M
Mar 13 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
$495 / 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
$102,808
Tax year 2024
Assessed value
$9,147,252
Assessed 2024
Previous assessed
$9,147,252
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$3,681,211
Assessed improvement
$5,466,041
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
24
Rooms
9
Bathrooms
40
Total area
20,438 SF
Lot
0.42 ac (18,346 SF)
Zoning code
BUR4*
APN
2480-014-021
UPID
US09-7834366
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUR4* · Burbank, CA
Zoning BUR4* · permitted uses
BUR4* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$16.1M
RESTAURANT
Est. value
$13.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.4M
RETAIL STORES
Est. value
$11.2M
OFFICE BUILDING
Est. value
$10.9M
WAREHOUSE, STORAGE
Est. value
$10.1M
COMMERCIAL (GENERAL)
Est. value
$9.8M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
24
Rooms
9
Bathrooms
40
Lot
0.42 ac
Current owner
From public records · entity-resolved
Beech Hill Equities LLC
Entity
Mailing address
11022 SANTA MONICA BLVD STE #400, LOS ANGELES, CA 90025-7532
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2025
$10,350,000
Beech Hill Equities LLC
Hw Apartments LLC
Grant Deed
$4,226,000 · California Bank Of Commerce
Aug 3, 2020
—
Hw Apartments LLC
—
Deed
related
$7,000,000 · Homestreet Bank
Jun 19, 2018
—
Hw Apartments LLC
—
Deed
related
$5,565,000 · Banc Of California NA
Sep 22, 2017
$8,200,000
Hw Apartments LLC
Darold Eugene Keys
Grant Deed
$5,260,000 · Banc Of California NA
Dec 31, 2014
—
Keys,darold E Trust
Nelson Paul W Trust
Quit Claim Deed
related
—
Mar 13, 2013
—
Darold E Keys
Nelson Paul W Trust
Quit Claim Deed
related
—
Nov 28, 2000
$2,600,000
Keys Trust
311 N Buena Vista
Grant Deed
$1,695,000 · First Federal Bank Ca
Oct 20, 1995
$476,500
311 N Buena Vista LP
Rediger Trust
Grant Deed
related
—
Jun 30, 1995
—
Denis K Rediger
Mif Realty,
Grant Deed
related
—
Oct 21, 1994
$1,162,126
Realty L P Mif
Unified Investments II
Trustees Deed
—
Oct 12, 1994
$1,162,126
Federal National Mortgage Assn
Unified Investments II Ltd
Trustees Deed
related
—
May 3, 1988
—
Freemont Grp
Willi
Quit Claim Deed
related
$1,695,000 · Family Savings Bank
May 3, 1988
$202,000
Freemont Grp
Willi
Trustees Deed
—
May 3, 1988
$150,000
William Data Pro
Shapi
Trustees Deed
related
—
—
—
Inv Unified II
—
Deed Of Trust
related
$100,000 · Abdel M Ahmed In
—
—
Inv Unified II
—
Deed Of Trust
related
$100,000 · Louis J Khoury
—
—
Unite
—
Deed Of Trust
related
$1,800,000 · Western Federal Savings & Loan
—
—
Freemont Grp
—
Deed Of Trust
related
$200,000 · Knapp Ralph E&
—
—
Keys Darold E Trust
—
Deed Of Trust
related
$340,000 · John Wall
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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