Properties

Burbank, CA 91506 1014 W Magnolia Boulevard

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Presented By: Dana Coronado with Compass;
  • MLS# 24464895
  • 11/18/2024
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  • SQFT • 8,274

Home Details

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.
Presented By: Dana Coronado with Compass;

Interior Features for 1014 W Magnolia Boulevard

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesNone
Total Stories2

General for 1014 W Magnolia Boulevard

Business TypeOther
Buyer FinancingCash
CityBurbank
Community FeaturesGated
Construction MaterialsStucco
CountyLos Angeles
DirectionsHead West down Magnolia Blvd and turn left on Lomita St.
ElectricHeavy, Standard
HOA Fee$
HeatingCentral
Insurance Expense6356
Lot Size Square Feet12279
Lot Size UnitsSquare Feet
MLS Area610 - Burbank
Open Parking Spaces13
Possible UseIndustrial
PostalCityBURBANK
Property TypeCommercial Sale
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Security Gate, Gated Community, Smoke Detector(s)
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
UtilitiesElectricity Available
Year Built1946
ZoningBUC3*

Exterior for 1014 W Magnolia Boulevard

Building Area Total8274
Lot FeaturesCorner Lot, Rectangular Lot, Street Level
Lot Size Acres0.2819
Lot Size Area12279
Lot Size SourceAssessor
Number of Buildings2
Total Parking13
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,000,000
MLS#24464895
List Date 11/18/2024
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
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