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Property profile & analytics
OFF-MARKET
Estimated value
$20,680,000
Super regional malls
245 Magnolia Blvd Burbank, CA 91502-1130
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7714888
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1991
Construction
STEEL FRAME
Total area
94,957 SF
Lot
1.31 ac (56,880 SF)
Zoning code
BUC4*
APN
2460-023-048
UPID
US09-7714888
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
-
Burlington Baby Clothing Store Children'S Clothing Store
-
Amazon Locker - Males Postal Service Courier Service
-
Baby Depot (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.68M
Owner & transaction history
Onni Burbank Town Center LLC · 4 yrs held
Onni Burbank Town Center LLC
since 2021
7 recorded transactions
Zoning & alternative use
BUC4* · 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
$218 / 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
$263,320
Tax year 2024
Assessed value
$22,358,685
Assessed 2024
Previous assessed
$22,358,685
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$9,232,460
Assessed improvement
$13,126,225
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
94,957 SF
Lot
1.31 ac (56,880 SF)
Zoning code
BUC4*
APN
2460-023-048
UPID
US09-7714888
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC4* · Burbank, CA
Zoning BUC4* · permitted uses
BUC4* · 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
1991
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
1.31 ac
Current owner
From public records · entity-resolved
Onni Burbank Town Center LLC
Entity
Mailing address
1031 S BROADWAY #400, LOS ANGELES, CA 90015-4006
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
Onni Burbank Town Center LLC
Capref Burbank LLC
Assignment Of Lease (leasehold Sale)
$102,000,000 · Sbnp Sia Mortgage LLC
Jul 26, 2017
—
Capref Burbank LLC
—
Loan Modification
related
$150,000,000 · Sbnp Sia Mtg II LLC
Apr 11, 2016
—
Capref Burbank LLC
Burbank Mall Associates LLC
Quit Claim Deed
related
$150,000,000 · * Other Institutional Lenders
Apr 7, 2016
$9,386,500
Fee Acquisitions LLC
Redevelopment Agency Of Burbank
Grant Deed
—
Mar 24, 2014
—
City Of Burbank
City Of Burbank
Quit Claim Deed
related
—
Oct 11, 2012
$79,000,000
Dmm Portfolio Properties LLC
Assured Lender Svcs INC
Trustees Deed
related
—
Mar 16, 2011
—
City Of Burbank
Redevelopment Of Agcy/city/burban
Quit Claim Deed
—
Nov 21, 2005
—
Ddr Mdt Mv Burbank
—
Deed Of Trust
related
$265,687,500 · German American Capital Corp
Nov 3, 2005
—
Ddr Mdt Mv Burbank
Mds Realty IV LLC
Grant Deed
related
—
—
—
Fee Acquisitions LLC
—
Deed Of Trust
related
$44,000,000 · Miscellaneous Ins Co
—
—
Cpf Magnolia Associates LLC
—
Deed Of Trust
related
$12,865,000 · Bank Of America
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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