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Property profile & analytics
OFF-MARKET
Auto shops
502 Victory Blvd Burbank, CA 91502
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7327370
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Construction
TILT-UP CONCRETE
Total area
3,050 SF
Lot
0.11 ac (4,669 SF)
Zoning code
BUC4YY
APN
2451-022-013
UPID
US09-7327370
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
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
Hannouche Trust · 8 yrs held
Hannouche Trust
since 2018
7 recorded transactions
Zoning & alternative use
BUC4YY · 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
$12,430
Tax year 2024
Assessed value
$1,095,435
Assessed 2024
Previous assessed
$1,095,435
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$870,103
Assessed improvement
$225,332
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
3,050 SF
Lot
0.11 ac (4,669 SF)
Zoning code
BUC4YY
APN
2451-022-013
UPID
US09-7327370
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUC4YY · Burbank, CA
Zoning BUC4YY · permitted uses
BUC4YY · 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
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Hannouche Trust
Trust
Free & Clear · 8 yrs held
Mailing address
2126 N LAMER ST, BURBANK, CA 91504-2715
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
—
Samir Simon Hannouche
—
Deed
related
$248,000 · First Bank
May 31, 2018
—
Hannouche Trust
Hannouche,samir
Quit Claim Deed
related
—
Jan 5, 2018
$985,000
Samir Hannouche
Judith J Firestone
Grant Deed
$600,000 · First Bank
Jan 5, 2018
—
Samir Hannouche
Hannouche,rasha
Quit Claim Deed
related
—
Sep 4, 2007
—
Firestone J J Living 2005
Firestone,judith J
Quit Claim Deed
related
—
Mar 7, 2005
—
Firestone Judith J 2005 Trust
Firestone,judith J
Quit Claim Deed
related
—
Dec 10, 2003
—
Jacobs,tr
Jacobs,harvey R
Quit Claim Deed
related
—
Sep 22, 2003
—
Jacobs,tr
Jacobs,steven M
Quit Claim Deed
related
—
Jul 14, 2003
—
Rita L Jacobs
Jacobs,tr
Quit Claim Deed
related
—
Jan 4, 2002
—
Jacobs,rita L Tr
Jacobs,r L Tr
Quit Claim Deed
related
—
Aug 24, 1965
—
—
—
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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