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1014 W Magnolia Boulevard

Burbank, CA 91506

$4,000,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1946

calendar_month Built

Property Description

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.

Listing Information

List Price $4,000,000
Status Active
MLS 24464895
HOA $0
Type Commercial
Year Built 1946
Lot Size 12,279
Structure Size N/A
DOM 1
Courtesy Of Compass
Listing Agent Dana Coronado DRE#01746702

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A

Exterior Information

Maps

home_work Nearby Properties

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king_bed N/A
shower N/A
straighten N/A
straighten 2,864
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king_bed N/A
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king_bed N/A
shower N/A
straighten N/A
straighten 25,495
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shower 1
straighten 650
straighten 8,323
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$1,999,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,178
924 W Clark Avenue,

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Listing information courtesy of: Dana Coronado, Compass 310-562-9630. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 19th, 2024 at 8:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.