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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Office Units
2926 Magnolia Blvd Burbank, CA 91505-3038
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-0202085
Property summary
AI-generated overview
Located in Magnolia Park, this commercial space offers 1,570 square feet of office area suitable for various business operations. The layout includes one private office, a break room, and a bathroom with a shower and dedicated storage. An additional 720 square feet of garage and storage space is located at the rear of the property, suitable for inventory, equipment, or operational overflow. The property includes two designated parking spaces. It offers visibility and access within a commercial corridor and is suited for creative, administrative, or light production uses.
Property profile
Verified
Property type
Office Units
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
WOOD
Total area
3,715 SF
Lot
0.15 ac (6,550 SF)
Zoning code
BUC3YY
APN
2479-009-020
UPID
US10-0202085
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
-
First Class Real Estate Bill Toth & Associates Real Estate Agency
-
Juli Rogers- REALTOR Real Estate Agency
-
Natali Toth - Realtor Real Estate Agency
-
Krystle Comer, First Class Real Estate Real Estate Agency
-
Fred Herrman Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$1.32M
Owner & transaction history
Toth,william C Family Trust · 7 yrs held
Toth,william C Family Trust
since 2018
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,565,000
6.5%
$1,445,000
7%
$1,340,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,040,000
Current use
OFFICE BUILDING
$1,985,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$1,845,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,785,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$1,690,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10%
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
$354 / 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
$22,112
Tax year 2024
Assessed value
$1,968,558
Assessed 2024
Previous assessed
$1,968,558
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,531,102
Assessed improvement
$437,456
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
Office Units
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
3,715 SF
Lot
0.15 ac (6,550 SF)
Zoning code
BUC3YY
APN
2479-009-020
UPID
US10-0202085
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC3YY · Burbank, CAZoning BUC3YY · permitted uses
BUC3YY · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Toth,william C Family Trust
Trust
Mailing address
2926 W MAGNOLIA BLVD, BURBANK, CA 91505-3038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2021
—
William Toth
—
Deed
related
$15,000 · Coastal Community Bank
Aug 24, 2021
—
William Toth
—
Deed
related
$15,000 · Coastal Community Bank
Apr 22, 2019
—
Toth,william C Family Trust
—
Deed
related
$150,000 · Hankins Family Trust (pt)
Oct 29, 2018
$1,800,000
Toth,william C Family Trust
Hankins Family Trust
Grant Deed
$1,170,000 · Hankins J B & J S Trust (pt)
Dec 21, 2004
—
Hankins John B & Jeanne S Tr
Hankins,john B & Jeanne S
Quit Claim Deed
related
—
Feb 17, 1989
$375,000
John B Hankins
Crane Tr
Grant Deed
$325,000 · Crane Tr
—
—
Hankins John B
—
Deed Of Trust
related
—
—
—
John B Hankins
—
Deed Of Trust
related
$22,000 · Reconoway INC
—
—
Toth,william C Family Trust
—
Deed Of Trust
related
$150,000 · Hankins Family Trust (pt)
—
—
Hankins John B Tr
—
Deed Of Trust
related
$400,000 · Burbank Dev INC
—
—
John B Hankins
—
Deed Of Trust
related
$30,000 · Crane Trust
—
—
Hankins John B
—
Deed Of Trust
related
$50,000 · Reconoway
—
—
Hankins John B & Jeanne S Tr
—
Deed Of Trust
related
$120,000 · Crane Trust
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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