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Property profile & analytics
OFF-MARKET
Office buildings
1020 Magnolia Blvd Burbank, CA 91506-1607
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6514008
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Construction
WOOD
Total area
1,524 SF
Lot
0.09 ac (3,874 SF)
Zoning code
BUC3*
APN
2446-002-029
UPID
US09-6514008
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Magnolia Empire LLC · 1 yrs held
Magnolia Empire LLC
since 2025
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
BUC3* · 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
$5,707
Tax year 2024
Assessed value
$496,131
Assessed 2024
Previous assessed
$496,131
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$452,177
Assessed improvement
$43,954
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,524 SF
Lot
0.09 ac (3,874 SF)
Zoning code
BUC3*
APN
2446-002-029
UPID
US09-6514008
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3* · Burbank, CA
Zoning BUC3* · permitted uses
BUC3* · 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
1946
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Magnolia Empire LLC
Entity
Mailing address
1016 W MAGNOLIA BLVD, BURBANK, CA 91506-1607
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Magnolia Empire LLC
Magnolia Empire LLC
Deed
related
$1,615,000 · Business Finance Capital
Apr 1, 2025
$3,900,000
Magnolia Empire LLC
Gdc Technology Property USA LLC
Grant Deed
—
Jun 29, 2011
$1,640,000
Gdc Technology Property LLC
Rank Industries INC
Grant Deed
—
Mar 5, 2009
$1,565,784
Rank Industires INC
Fidelity National Title Co
Trustees Deed
related
—
Feb 6, 2006
—
Bruce S Jones
Phillip A Jones
Grant Deed
$222,000 · Blackburne & Brown Mortgage Fund I
Jul 12, 2001
—
Bruce S Jones
Jones,c A
Quit Claim Deed
related
—
Feb 26, 1998
—
Bruce S Jones
Jones,p A & D L
Quit Claim Deed
related
—
Jan 4, 1996
—
Jones,phillip A & Doris L Co-tru
Jones,b S & C A
Quit Claim Deed
related
—
Dec 19, 1995
—
Bruce S Jones
Jones,p A & D L Co-trustees
Quit Claim Deed
related
—
—
—
Bruce S Jones
—
Deed Of Trust
related
$100,000 · Karl & Karol J Gelbard
—
—
Bruce S Jones
—
Deed Of Trust
related
$225,000 · Glenn Lotka
—
—
Phillip A Jones
—
Deed Of Trust
related
$312,000 · First Fidelity Thrift & Loan
—
—
Bruce S Jones
—
Deed Of Trust
related
$200,000 · Arnold & Sheila
—
—
Bruce S Jones
—
Deed Of Trust
related
$1,410,000 · Rank Industires INC
—
—
Bruce S Jones
—
Deed Of Trust
related
$350,000 · Kenneth A Carmona Ira
—
—
Bruce S Jones
—
Deed Of Trust
related
$200,000 · Contractors Funding Corp
—
—
Bruce S Jones
—
Deed Of Trust
related
$223,000 · Southern Pacific Thrift & Loan
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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