Burbank, CA 91506 1014 W Magnolia Boulevard

1014 W Magnolia Boulevard Burbank, CA - Image 11014 W Magnolia Boulevard Burbank, CA - Image 21014 W Magnolia Boulevard Burbank, CA - Image 3
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Presented By: Dana Coronado with Compass;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24464895
  • 11/19/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • 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
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2

General for 1014 W Magnolia Boulevard

Additional Parcels Y/NNo
Attached Garage No
Business TypeOther
Buyer FinancingCash
Carport Y/NNo
CityBurbank
Community FeaturesGated
Construction MaterialsStucco
CountyLos Angeles
DirectionsHead West down Magnolia Blvd and turn left on Lomita St.
ElectricHeavy, Standard
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense6356.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet12279.0
Lot Size UnitsSquareFeet
MLS Area610 - Burbank
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces13.0
Possible UseIndustrial
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Security FeaturesCarbonMonoxideDetectors, SecurityGate, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
UtilitiesElectricityAvailable
Year Built1946
ZoningBUC3*

Exterior for 1014 W Magnolia Boulevard

Building Area Total8274.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, RectangularLot, StreetLevel
Lot Size Acres0.2819
Lot Size Area12279.0
Lot Size SourceAssessor
Number of Buildings2
Private PoolNo
SpaNo
Total Parking13.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $4,000,000
MLS#24464895
List Date 11/19/2024
Property Type Commercial
Phone 714.742.6515
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Request Info
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