1014 W Magnolia Blvd, Burbank, CA 91506 – 24-464895

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Marcia Alves

marcia@marciabrazil.com +1(702) 300-6969

$ 4,000,000

Est. payment | -/mo

8,274 SqFt

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$ 4,000,000

Est. payment | -/mo

Save

8,274 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,274 sqft

Price per Sqft $483

MLS Listing ID 24-464895

Year Built 1946

Lot Size 0.282 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUC3*

Interior

Heating Central

Laundry None

Exterior

Garage Spaces 13.0

Roof Type Flat

Building

Story 2

Water District

Structure Type Stucco

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

+1(702) 300-6969

marcia@marciabrazil.com

1780 W Horizon Ridge Pkwy # 100, Henderson, NV, 89012, USA