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Property profile

1610 W Magnolia Blvd Burbank, CA 91506

FOR SALE
Retail space
Property ID
US10-0221670
2,000 SF 0.06 ac lot Built 1950
Last sale Feb 2021 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A versatile retail/office property totaling approximately 2,000 sq. ft. is located on busy Magnolia Boulevard in Burbank. The interior layout includes a spacious front showroom or office area and a large rear workshop/open workspace, along with a private restroom and substantial storage. The property provides convenient rear parking with alley access, supporting day-to-day operations and service needs for a range of light commercial uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$828k
Assessed land$594k
Assessed improvement$233k
Effective rate1.13%

Value estimate

· Nov 2026
$2.20M
$1.98M – $2.41M
AI approach$2.24M
Submarket $/SF estimate$1.33M
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$2k
Operating expenses−$22k
NOI · 3.17% cap applied$51k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$547/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$295 – $667
Qualifying comparables14

Cap rate analysis

How does the asset earn?
3.17%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BUC3YY
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Tattoo & Piercing Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tattoo & Piercing Shop8.8
Laundromat8.4
Bed & Breakfast7.9

Location

1610 W Magnolia Blvd Burbank, CA 91506
County assessor Recorded deeds · 6 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2309 Burbank, Burbank, CA 91506-1235 $3,550,000 May 2025 2,266 SF
1114 Magnolia, Burbank, CA 91506-1812 $1,600,016 Nov 2023 2,000 SF
2300 Olive, Burbank, CA 91506-2628 $1,280,012 May 2021 1,816 SF
2203 Olive, Burbank, CA 91506-2625 $1,100,011 Apr 2021 2,059 SF
1909 Magnolia, Burbank, CA 91506-1727 $270,000 Dec 2020 1,850 SF
1321 Magnolia, Burbank, CA 91506-1831 $1,100,000 Oct 2020 1,694 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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