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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Auto shops
1410 Magnolia Blvd Burbank, CA 91506-1834
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-0209566
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
1,600 SF
Lot
0.13 ac (5,500 SF)
Zoning code
BUC3YY
APN
2446-011-004
UPID
US10-0209566
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
-
Pro Am Auto Body Shop Inc Auto Repair Shop Insurance Agency
-
Auto Rentals And Repair Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.46M
Owner & transaction history
Abraham Grigoryan · 4 yrs held
Abraham Grigoryan
since 2021
Last sale
$1.5M
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
Method
Estimation
Statistic approach
$1,390,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.45M (Aug 23 2021)
Last sale anchor
$1.45M
Aug 23 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
$909 / 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
$16,892
Tax year 2024
Assessed value
$1,508,580
Assessed 2024
Previous assessed
$1,508,580
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,300,500
Assessed improvement
$208,080
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Stories
1
Total area
1,600 SF
Lot
0.13 ac (5,500 SF)
Zoning code
BUC3YY
APN
2446-011-004
UPID
US10-0209566
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
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Abraham Grigoryan
Individual
Mailing address
1410 W MAGNOLIA BLVD, BURBANK, CA 91506-1834
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
—
Abraham Grigoryan
—
Deed
related
$807,000 · Us Metro Bank
Aug 23, 2021
—
Abraham Grigoryan
Tatevik Alikouna Ghukasyan
Quit Claim Deed
related
—
Aug 23, 2021
$1,450,000
Abraham Grigoryan
1410 West Magnolia LLC
Grant Deed
$725,000 · The Gof LLC
Dec 27, 2019
—
1410 West Magnolia LLC
—
Deed
related
$1,700,000 · Golden State Bank
Oct 24, 2012
$630,000
1410 West Magnolia LLC
Yesayan,varuzhan & Gilda
Grant Deed
—
Sep 24, 2002
—
Varuzhan Yesayan
Yesayan,a
Quit Claim Deed
related
—
Dec 29, 1988
$124,000
Yesayan Andrey
Amra
Grant Deed
related
—
—
—
Gilda Yesayan
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Jack Amran
—
Deed Of Trust
related
$66,000 · Burbank National 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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