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Property profile & analytics
OFF-MARKET
Estimated value
$7,025,000
Parking lots & garages
4403 Magnolia Blvd Burbank, CA 91505-2730
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0203790
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1950
Total area
10,500 SF
Lot
0.45 ac (19,643 SF)
Zoning code
BUR3*
APN
2476-014-033
UPID
US10-0203790
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
-
Evergreen Studios Recording Studio
-
The Evergreen Stage Recording Studio
-
La Sound Gallery Recording Studio
-
Asia Collective Film Production
-
alcheh&hunt (LA) Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.95M
Blend (final)
Blend
$7.03M
Owner & transaction history
4417 Magnolia LLC · 5 yrs held
4417 Magnolia LLC
since 2020
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
BUR3* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.3M
+52.9%
Restaurant
$6.8M
+26.4%
Neighborhood: shopping center
$6.4M
+18.1%
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
$6,470,000
ML approach
$6,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$5,410,000
Current use
AUTO REPAIR, GARAGE
$8,270,000
Change: +53% · Conversion: Difficult
RESTAURANT
$6,835,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,390,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$5,770,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$5,605,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,210,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,040,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$7.03M
Range $6.32M – $7.73M · ±10% · vs last sale $7.50M (Dec 24 2020)
Last sale anchor
$7.50M
Dec 24 2020
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
$669 / 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
$24,200
Tax year 2024
Assessed value
$2,139,570
Assessed 2024
Previous assessed
$2,139,570
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,127,738
Assessed improvement
$11,832
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1950
Heating
NONE
Total area
10,500 SF
Lot
0.45 ac (19,643 SF)
Zoning code
BUR3*
APN
2476-014-033
UPID
US10-0203790
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUR3* · Burbank, CA
Zoning BUR3* · permitted uses
BUR3* · 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
PARKING LOT Current
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$8.3M
RESTAURANT
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
RETAIL STORES
Est. value
$5.8M
OFFICE BUILDING
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$5.0M
PARKING LOT Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
4417 Magnolia LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1415 N CAHUENGA BLVD, LOS ANGELES, CA 90028-8125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2020
—
4417 Magnolia LLC
Post Group INC
Quit Claim Deed
—
Apr 12, 2017
$7,495,500
Post Group INC
Diadan Holdings Ltd
Grant Deed
—
Feb 23, 2016
$5,350,000
Diadan Holdings Ltd
Saboa Entertainment LP
Quit Claim Deed
related
—
Dec 14, 2011
$2,000,000
Saboa Entertainment LP
Mortgage Lender Svcs INC
Trustees Deed
related
—
Apr 28, 2008
—
Yves Chicha
Waiquamdee,myungsook
Quit Claim Deed
related
—
May 14, 2004
$3,300,000
Waiquamdee,myungsook
Top Dog Properties LLC
Trustees Deed
$2,000,000 · Zions First National Bank
May 14, 2004
—
Myungscok Waiquamdee
Chicha,yves H
Grant Deed
related
—
Feb 18, 1998
—
Top Dog Properties LLC
Fox Butler & Sharp
Grant Deed
$2,500,000 · Money Store Commercial Mtg
Mar 21, 1989
—
Fox
—
Grant Deed
related
$1,100,000 · Union Bank
—
—
Craig Huxley
—
Deed Of Trust
related
—
—
—
Butler Fox
—
Deed Of Trust
related
$979,000 · Bank Of Hollywood
—
—
Saboa Entertainment LP
—
Deed Of Trust
related
$1,500,000 · Hbt Fund 1 LLC
—
—
Myangsook Waiquamdee
—
Deed Of Trust
related
$204,600 · Elizabeth Gorcey
—
—
Myungsook Waiquamdee
—
Deed Of Trust
related
$500,000 · Mirae Bank
—
—
Myungsook Waiquamdee
—
Deed Of Trust
related
$210,000 · Elizabeth Gorcey
—
—
Saboa Entertainment LP
—
Deed Of Trust
related
$154,479 · Manatt Phelps & Phillips LLP
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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