1014 W Magnolia Boulevard, Burbank 91506

$4,000,000

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12,279

Lot Size

Listing Agent
Dana Coronado - Compass

About 1014 W Magnolia Boulevard

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.

Features of 1014 W Magnolia Boulevard

MLS® # 24464895
Price $4,000,000
Bathrooms 0.00
Lot Size 12,279
Year Built 1946
Type Commercial Sale
Status Active Under Contract

Community Information

Address 1014 W Magnolia Boulevard
Area 610 - Burbank
City Burbank
County Los Angeles
Zip Code 91506

Amenities

Utilities Electricity Available
Parking Spaces 13
Is Waterfront No
Has Pool No

Interior

Heating Central
Has Basement No
Fireplace No
# of Stories 2

Exterior

Exterior Stucco
Lot Description Corner Lot, Rectangular Lot, Street Level
Roof Flat
Construction Stucco

Additional Information

Date Listed November 18th, 2024
Days on Market 518
Zoning BUC3*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDana Coronado
OfficeCompass

Listing Map

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