Updated Sep 11, 2026
Rabbi Shmuly Acquires Mixed-Use Property In Burbank For $5.7M
2601 West Magnolia Boulevard
$5,700,000
$501/SF
Building Size
11,362 SF
Asset Type
Mixed-use
Closing
Jul 1, 2022
About this deal
AI
The mixed-use property located at 2601 W. Magnolia Blvd. in Burbank has been sold in a transaction that closed on July 1, 2022. The property spans a total area of 11,362 square feet and includes a variety of uses. The sale price for this property was $5,700,000, resulting in a price per square foot of $501.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,700,000
- Market: Burbank
- Buyer: Rabbi Shmuly
- Seller: Fami Topper
- Brokers: Jake Zacuto, Leor Binshtock - Zacuto Group
The buyer in this transaction is Rabbi Shmuly, while Fami Topper is the seller. Representing the buyer and seller respectively are Jake Zacuto and Leor Binshtock from the Zacuto Group.
On the Map
$5,700,000
$501/SF
Mixed-use
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Players
Burbank Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93