1014 W Magnolia Boulevard, Burbank, CA, 91506

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$4,000,000
207 Days On Site

1014 W Magnolia Boulevard
Burbank, CA 91506

For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Total Baths
8,274
SqFt
$483
/SqFt
1946
Built
County:
Los Angeles
Listed by Dana Coronado of Compass [email protected]
1014 W Magnolia Boulevard1014 W Magnolia Boulevard1014 W Magnolia Boulevard1014 W Magnolia Boulevard
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Monthly Payment (Est.)

$18,250
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Very unique opportunity to purchase 3 contiguous parcels being sold together. Zoned BUC3, the property consists of two structures and one parking lot. The property is on the corner of Magnolia Blvd and Lomita St, between Victory and Buena Vista Street. The larger structure is appx 7,000 SF and is currently used as creative office/warehouse/flex. The corner building is just over 1,500 SF and is used as creative office and warehouse. An owner-user could easily occupy the larger structure and lease out the smaller building, while still qualifying for an owner-user SBA Loan with as little as 10% down payment. There is also flexibility in terms of how the structures are configured, with room to customize the set up to suit many needs. A must see, especially when it's cheaper to own than rent! **Property features 2 ground level roll up doors, conference room, multiple offices and open work space, 2nd floor offices, 3 kitchenettes, and ADA restrooms (Buyer to verify). 1 and 3 phase power is available in the larger building, which features 10' ceilings, ample storage and warehouse space, and more. Central heat and AC in both buildings. There are 13 parking spaces and the property was completely remodeled in 2011.

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Listing Snapshot
Price 
$4,000,000
Days On Site 
207 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,274 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2819 Acres
Year Built 
1946
MLS® Number 
24464895
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
5 months agoStatus changed to Active Under Contract
7 months agoListing first seen on site
General Features
Acres 
0.2819
Additional Property Use 
Industrial
Number Of Stories 
2
Parking Spaces 
13
Security 
Carbon Monoxide Detector(s)Security GateGated CommunitySmoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
8274
Utilities 
Electricity Available
Water Source 
Public
Zoning 
BUC3*
Interior Features
Cooling 
Heating 
Central
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Lot Features 
Corner LotRectangular Lot
Roof 
Flat
Community Features
Community Features 
Gated
MLS Area 
610 - Burbank


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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