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Property profile & analytics
FOR SALE
Auto shops
1028 W Burbank Blvd Burbank, CA 91506
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0221832
For Sale
1 / 2
$3,600,000
1028 W Burbank Blvd, Burbank, CA 91506
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
TILT-UP CONCRETE
Total area
3,824 SF
Lot
0.34 ac (14,650 SF)
Zoning code
BUC4-M2*
APN
2449-011-042
UPID
US10-0221832
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
$4.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$4.03M
Owner & transaction history
Burbank Squared LLC · 5 yrs held
Burbank Squared LLC
since 2020
Last sale
$4.0M
6 recorded transactions
Zoning & alternative use
BUC4-M2* · 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
$4,425,000
ML approach
$4,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10% · vs last sale $4.00M (Sep 30 2020)
Last sale anchor
$4.00M
Sep 30 2020
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
$1,054 / 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
$21,301
Tax year 2024
Assessed value
$1,867,725
Assessed 2024
Previous assessed
$1,867,725
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,559,975
Assessed improvement
$307,750
Applied tax rate
9.0000
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
For Sale
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
3,824 SF
Lot
0.34 ac (14,650 SF)
Zoning code
BUC4-M2*
APN
2449-011-042
UPID
US10-0221832
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC4-M2* · Burbank, CA
Zoning BUC4-M2* · permitted uses
BUC4-M2* · 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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Burbank Squared LLC
Entity
Mailing address
1111 N BRAND BLVD STE #200, GLENDALE, CA 91202-3023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
$4,000,000
Burbank Squared LLC
Jlsjba LLC
Grant Deed
$2,200,000 · E Central Cu
Apr 13, 2012
—
Jlsjba LLC
Fitzpatrick,ryan L
Grant Deed
$1,000,000 · Standard Insurance Co
Sep 10, 2008
—
Jack L Fitzpatrick
Fitzpatrick Family Trust
Quit Claim Deed
related
—
Feb 26, 1998
$635,454
Gary A Bandy
Augustine,david J & Mary P
Grant Deed
related
—
Sep 16, 1992
—
Fitzpatrick Wanda M Tr
—
Deed Of Trust
related
—
—
—
Fitzpatrick,tr
—
Deed Of Trust
related
$550,000 · Community Commerce Bank
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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