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1014 Magnolia Blvd Burbank, CA 91506

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For Sale
$4,000,000

Prime Burbank location, two buildings, ample parking.

Property size:
8,274 SF

Property Features for 1014 Magnolia Blvd

General Information

Property type
Other commercial real estate
Square Feet
8,274 SF
Lot Size
12,197 SF

Building Details

Year Built
1946

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Listing Contact
Dana Coronado

Listing Agency: Compass Listing Agent: Dana Coronado

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Burbank commercial property presents a rare opportunity to acquire three contiguous parcels totaling 0.28 acres, strategically located on the corner of Magnolia Boulevard and Lomita Street, between Victory and Buena Vista Street. The property encompasses two buildings and a parking lot, offering a combined 8,274 square feet of versatile space. The larger structure, approximately 7,000 square feet, is currently configured as a creative office/warehouse/flex space, ideal for a variety of uses. It boasts 10-foot ceilings, ample storage and warehouse space, two ground-level roll-up doors, a conference room, multiple offices, open workspace, a kitchenette, and ADA-compliant restrooms. This building also features 1 and 3-phase power. The smaller building, just over 1,500 square feet, is also used as creative office and warehouse space and includes a kitchenette and ADA-compliant restrooms. Both buildings benefit from central heating and air conditioning. The property includes 13 parking spaces and underwent a complete remodel in 2011. Zoned BUC3, this property offers significant flexibility for owner-users, allowing for customization to suit diverse business needs. The potential for an owner-user to occupy the larger building and lease the smaller one while qualifying for an SBA loan with a 10% down payment makes this an attractive investment. Don't miss this chance to own rather than rent in a highly desirable Burbank location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Burbank
County
Los Angeles
State
California
Longitude
-118.32
Latitude
34.17658

FAQs

What type of property is this?
Commercial real estate - Prime Burbank location, two buildings, ample parking.
Where is this commercial real estate located?
The property is located at 1014 Magnolia Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $4,000,000.
More about this property
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