Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,145,000
Super regional malls
781 1st St Burbank, CA 91502
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0012238
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1995
Construction
WOOD
Total area
35,001 SF
Lot
0.86 ac (37,357 SF)
Zoning code
BUC4*
APN
2460-023-065
UPID
US10-0012238
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
$14.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.15M
Owner & transaction history
Onni Burbank Town Center LLC · 4 yrs held
Onni Burbank Town Center LLC
since 2021
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,800,000
6.5%
$14,585,000
7%
$13,540,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,360,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$12.15M
Range $10.93M – $13.36M · ±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
$347 / 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
$201,146
Tax year 2024
Assessed value
$17,408,785
Assessed 2024
Previous assessed
$17,408,785
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$6,116,286
Assessed improvement
$11,292,499
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Total area
35,001 SF
Lot
0.86 ac (37,357 SF)
Zoning code
BUC4*
APN
2460-023-065
UPID
US10-0012238
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$17.4M
WAREHOUSE, STORAGE
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
1995
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Onni Burbank Town Center LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1031 S BROADWAY #400, LOS ANGELES, CA 90015-4006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
Onni Burbank Town Center LLC
Capref Burbank LLC
Assignment Of Lease (leasehold Sale)
—
Jul 26, 2017
—
Capref Burbank LLC
—
Loan Modification
related
$150,000,000 · Sbnp Sia Mtg II LLC
Apr 11, 2016
—
Capref Burbank LLC
Burbank Mall Associates LLC
Quit Claim Deed
related
$150,000,000 · * Other Institutional Lenders
Apr 7, 2016
$9,386,500
Fee Acquisitions LLC
Redevelopment Agency Of Burbank
Grant Deed
—
Mar 24, 2014
—
City Of Burbank
City Of Burbank
Quit Claim Deed
related
—
Mar 16, 2011
—
City Of Burbank
Redevelopment Of Agcy/city/burban
Quit Claim Deed
related
—
—
—
Fee Acquisitions LLC
—
Deed Of Trust
related
$44,000,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 781 1st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
