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Property profile & analytics
OFF-MARKET
Parking lots & garages
416 Varney St Burbank, CA 91502-1732
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6514115
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1960
Total area
13,500 SF
Lot
0.33 ac (14,419 SF)
Zoning code
BUM2*
APN
2449-035-014
UPID
US09-6514115
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
-
G R Mc Cormick Engineering Industrial Manufacturer
-
Hollywood General Machining Industrial Manufacturer Production Facility
-
Losmandy Industrial Manufacturer Production Facility
-
Porta-Jib Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ebeag Properties LP · 8 yrs held
Ebeag Properties LP
since 2018
7 recorded transactions
Zoning & alternative use
BUM2* · 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
—
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
$12,091
Tax year 2024
Assessed value
$1,054,162
Assessed 2024
Previous assessed
$1,054,162
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,048,586
Assessed improvement
$5,576
Applied tax rate
9.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1960
Heating
NONE
Total area
13,500 SF
Lot
0.33 ac (14,419 SF)
Zoning code
BUM2*
APN
2449-035-014
UPID
US09-6514115
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUM2* · Burbank, CAZoning BUM2* · permitted uses
BUM2* · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Ebeag Properties LP
Entity
Mailing address
7427 PYRAMID PL, LOS ANGELES, CA 90046-1316
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2019
—
Ebeag Properties LP
—
Grant Deed
related
$2,000,000 · Hanmi Bk
Mar 30, 2018
$6,640,000
Ebeag Properties LP
135 Magnolia Associates LLC
Trustees Deed
$3,984,000 · Hanmi Bk
May 1, 2017
—
135 Magnolia Associates LLC
—
Grant Deed
related
$3,448,726 · Grandpoint Bk
Dec 12, 2012
—
Mccormick Mabel L Tr
Mccormick Mabel L
Quit Claim Deed
related
—
Apr 30, 2010
$6,100,000
135 Magnolia Associates LLC
Olive Properties LLC
Grant Deed
$2,300,000 · Symetra Life Insurance Co
Jan 7, 2005
$3,350,000
Olive Properties LLC
Tabibzadeh,hamid
Grant Deed
$2,512,500 · Bank Of America
Jun 21, 2001
—
Aurafin-oroamerica LLC
—
Deed Of Trust
related
$90,000,000 · Sovereign Bank Trustee
Feb 26, 1999
$900,000
Oroamerica INC
International Electronic Resea
Grant Deed
—
Apr 9, 1963
—
Intl Electronic Research Corp
—
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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