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Property profile & analytics
OFF-MARKET
Investment properties
1409 Magnolia Blvd Burbank, CA 91506-1833
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7252800
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1946
Construction
WOOD
Total area
974 SF
Lot
0.12 ac (5,250 SF)
Zoning code
BUC3YY
APN
2449-025-014
UPID
US09-7252800
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
Narjes Haghgoy · 15 yrs held
Narjes Haghgoy
since 2011
7 recorded transactions
Zoning & alternative use
BUC3YY · 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
$4,936
Tax year 2024
Assessed value
$427,047
Assessed 2024
Previous assessed
$427,047
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$351,689
Assessed improvement
$75,358
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
974 SF
Lot
0.12 ac (5,250 SF)
Zoning code
BUC3YY
APN
2449-025-014
UPID
US09-7252800
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3YY · Burbank, CA
Zoning BUC3YY · permitted uses
BUC3YY · 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
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Narjes Haghgoy
Individual
Mailing address
27711 ORION LN, SANTA CLARITA, CA 91351-3433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2011
$340,000
Narjes Haghgoy
Yrx Investments LLC
Grant Deed
—
Feb 17, 2011
—
Narjes Haghgoy
Mohkami,abootaleb
Grant Deed
related
—
Dec 30, 2010
$476,000
Yrx Investments LLC
East-west Investment INC
Trustees Deed
—
Oct 9, 2009
—
Satamian Nevrik Living Trust
Satamian,nevrik
Quit Claim Deed
related
—
Jul 20, 2006
$750,000
Nevrik Satamian
Rajinder K Narula
Grant Deed
$500,000 · Allstar Financial Services INC
Mar 8, 2004
$327,500
Rajinder K Narula
Funanage,mark & Brigitte M
Grant Deed
$160,000 · Mark & Brigitte M Funanage
Oct 9, 2002
—
Mark Funanage
Eglite,tr
Grant Deed
$220,000 · Eglite Trust
Sep 19, 2001
—
Eglite,eva Tr
Eglite,e
Quit Claim Deed
related
—
Jun 20, 1996
—
Eva F Eglite
Eglite E F Trustee,
Quit Claim Deed
related
—
—
—
Nevrik Satamian
—
Deed Of Trust
related
$510,000 · East-west Investment INC
—
—
Rajinder K Narula
—
Deed Of Trust
related
$487,500 · East West 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.
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