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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Investment properties
817 Victory Blvd Burbank, CA 91502-2428
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7240830
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
3,000 SF
Lot
0.12 ac (5,391 SF)
Zoning code
BUC4*
APN
2451-032-004
UPID
US09-7240830
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
-
Cqi Medical Billing Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.25M
Owner & transaction history
Abraham Tagvoryan · 4 yrs held
Abraham Tagvoryan
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
BUC4* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+64.1%
Neighborhood: shopping center
$1.8M
+26.8%
Warehouse, storage
$1.5M
+3.4%
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
$2,265,000
ML approach
$2,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,440,000
Current use
AUTO REPAIR, GARAGE
$2,365,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,825,000
Change: +27% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,490,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,365,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.24M (Dec 16 2021)
Last sale anchor
$2.24M
Dec 16 2021
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
$750 / 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
$25,944
Tax year 2024
Assessed value
$2,325,294
Assessed 2024
Previous assessed
$2,325,294
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,597,014
Assessed improvement
$728,280
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
3,000 SF
Lot
0.12 ac (5,391 SF)
Zoning code
BUC4*
APN
2451-032-004
UPID
US09-7240830
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Abraham Tagvoryan
Individual
Mailing address
7825 VIA CASSANO, BURBANK, CA 91504-1107
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$2,235,000
Abraham Tagvoryan
Yurik Sarkissyan
Grant Deed
$1,067,800 · Cit Bank NA
Dec 16, 2021
—
Abraham Tagvoryan
—
Deed
related
$889,000 · The Mortgage Capital Development Corp
Dec 7, 2018
—
Y Sarkissyan
Sarkissyan,yurik S
Quit Claim Deed
related
—
Sep 26, 2018
—
Yurik S Sarkissyan
—
Deed
related
$800,000 · Cit Bk NA
Sep 17, 2018
$1,600,000
Yurik S Sarkissyan
Sda Ventures LLC
Grant Deed
—
Sep 17, 2018
—
Yurik S Sarkissyan
Turshyan,yegisabet
Quit Claim Deed
related
$575,000 · California Statewide Certified
Mar 19, 2004
$600,000
Sda Ventures LLC
Victory Gp Partners
Grant Deed
$300,000 · City National Bank
Jan 9, 1996
$360,000
Victory Gp Partners
Keith,barbara J
Grant Deed
$270,000 · Storey Trust
Oct 20, 1993
—
Storey,glen M Tr
—
Deed Of Trust
related
—
Aug 12, 1993
—
Storey,glen M Tr
—
Deed Of Trust
related
—
Apr 10, 1989
—
Glen M Storey
Store
Quit Claim Deed
related
—
—
—
Sda Ventures LLC
—
Deed Of Trust
related
$247,000 · California Statewide Certified
—
—
Yurik S Sarkissuyan
—
Deed Of Trust
related
$575,000 · California Statewide Certified
—
—
Yurik S Sarkissyan
—
Deed Of Trust
related
$800,000 · Cit Bk NA
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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