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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Retail space
3108 Magnolia Blvd Burbank, CA 91505-3045
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6509837
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
1,925 SF
Lot
0.06 ac (2,672 SF)
Zoning code
BUC3YY
APN
2480-001-023
UPID
US09-6509837
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
-
Splatter Haus Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.65M
Owner & transaction history
Vonderlinn LLC
Vonderlinn LLC
since 2026
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
BUC3YY · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+43.4%
Neighborhood: shopping center
$1.2M
+10.8%
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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,060,000
Current use
AUTO REPAIR, GARAGE
$1,515,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,170,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$1,030,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Aug 2 2024)
Last sale anchor
$1.65M
Aug 2 2024
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
$857 / 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
$8,879
Tax year 2024
Assessed value
$785,521
Assessed 2024
Previous assessed
$785,521
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$547,293
Assessed improvement
$238,228
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Total area
1,925 SF
Lot
0.06 ac (2,672 SF)
Zoning code
BUC3YY
APN
2480-001-023
UPID
US09-6509837
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
1948
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Vonderlinn LLC
Entity
Mailing address
11036 W 8TH AVE NE UNIT #75014, SEATTLE, WA 98175-7601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
$1,531,500
Vonderlinn LLC
Pearl Marie Griset 2018 Fmtr
Grant Deed
$931,250 · Wells Fargo Bank NA
Aug 2, 2024
$1,650,000
Sharon A Healey
Angela Bertolino
Grant Deed
$812,500 · Southwest Bancorp
Oct 30, 2020
—
Angela Bertolino
—
Deed
related
$450,000 · Bbcn Bank
Oct 17, 2007
—
Angela Bertolino
Angela Bertolino
Re-recorded Document
related
$253,000 · The Mortgage Capital Development Co
Aug 10, 2007
$610,000
Angela Bertolino
Vasken Sepetjian
Grant Deed
$305,000 · Lehman Brothers Bank Fsb
May 2, 2005
$530,000
Vasken Sepetjian
Lepejian Isgo & A Trust
Grant Deed
$265,000 · Zions First National Bank
Apr 12, 1994
—
Lepejian,isgo&anoush Trustees
Lepejian,i&a
Quit Claim Deed
related
—
—
—
Vasken Septjian
—
Deed Of Trust
related
$37,000 · Belisle Dollard & Trish 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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