Pending
1014 W Magnolia Boulevard
Burbank CA, 91506
$4,000,000
$483.44 per sqft
Pending
8,274 sqft
Commercial
Built in 1946
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.
CL24464895
MLSⓇ ID
November 19, 2024
Listed
January 10, 2025
Updated
Map
1014 W Magnolia Boulevard
Burbank CA, 91506
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.28 Acres
Other Property Details
Area Name
Burbank
Garage
No
Parking
Electric Gate
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
BUC3
Listing History
Date | Event | Price |
---|---|---|
1/10/2025 | Pending | — |
Listed by Dana Coronado with Compass
Listing Contact: 310-562-9630
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