1014 W Magnolia Boulevard
Burbank, CA, 91506
$4,000,000
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0 Baths
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0 Acres
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$4,000,000
1014 W Magnolia Boulevard
Burbank, CA, 91506
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.

Property Details

Price:
$4,000,000
MLS #:
24464895
Status:
Active Under Contract
Baths:
0
Address:
1014 W Magnolia Boulevard
Type:
Commercial
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Nov 18, 2024
State:
CA
ZIP:
91506
Year Built:
1946

Schools

Interior

Heating
Central
Laundry Features
None

Exterior

Construction Materials
Stucco
Parking Spots
13.00
Roof
Flat
Security Features
Gated Community, Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

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1014 W Magnolia Boulevard
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