1115 Magnolia Blvd, Burbank, CA 91506-1811
- Office buildings
- 4,325 SF
- 0.11 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1115 Magnolia Blvd
- Year built
- 1969
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 lot acres
- Zone code
- BUC3*
- Property type
- Office buildings
- APN
- 2449-019-002
- APU
- 2449019002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 8, 2025 | $2,550,000 | Upright Wellness Center INC | Simon N Miles | Grant Deed | — |
| Jul 19, 2021 | — | Bruce Ryan | Bruce Ryan | Correction Deed · related | — |
| May 17, 2021 | — | Bruce Ryan | Bruce Edward Ryan | Deed · related | — |
| Feb 2, 2021 | — | Simon N Miles | Simon N Miles | Intrafamily Transfer · related | $370k · First Citizens Bank & Trust Co |
| Dec 28, 2020 | — | Ryan,bruce Living Trust | Bruce Ryan | Quit Claim Deed · related | — |
| Jul 25, 2011 | — | Miles Family Trust | Miles,simon N | Quit Claim Deed · related | — |
| Dec 27, 2007 | — | Nicholas Miles Simon | Nicholas Miles Simon | Intrafamily Transfer · related | $960k · Wells Fargo Bank NA |
| Oct 28, 2004 | — | Simon N Miles | Altounian,stepan | Grant Deed | $738k · Cnl Commercial Finance INC |
| Apr 19, 2004 | — | Burbank Chapter 40 | Burbank Members Disabled Amer | Quit Claim Deed · related | — |
| Apr 19, 2004 | $651,000 | Stepan Altounian | Burbank Chapter #40 | Grant Deed | $361k · Priority Funding |
| Aug 20, 2003 | — | Burbank Members Of Disabled | Burbank Chapter #40 | Quit Claim Deed · related | — |
| Apr 10, 1959 | — | Burbank Chapter No 40|disabled American Veterans | — | Grant Deed · related | — |
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,645,000
- 6.5%
- $1,520,000
- 7%
- $1,410,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,198,000
Market price range: $1.58M - $2.72M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,330,000 Current use
- AUTO REPAIR, GARAGE
- $3,405,000 Change: +46% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,630,000 Change: +13% Conversion: Difficult
- RETAIL STORES
- $2,365,000 Change: +2% Conversion: Moderate
- WAREHOUSE, STORAGE
- $2,145,000 Change: -8% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,075,000 Change: -11% Conversion: Easy
- MEDICAL BUILDING
- $1,965,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.321
- Latitude
- 34.1767
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA