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    4420 Magnolia Blvd Burbank, CA 91505

    Sponsored
    For Sale
    $1,700,000

    Vacant 758 SF Convenience Store/QSR

    Property size:
    758 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Burbank, CA retail property, located at 4420 W Magnolia Blvd, offers a unique value-add investment opportunity. The 758 square foot building sits on a 10,018 square foot lot and is currently vacant, presenting a blank canvas for a variety of uses. Classified as a Class B property with a NNN lease type, it benefits from a prime location in a bustling area with high traffic counts. The building's historic significance as the former Retro Dairy Mart adds character and potential for branding. Its versatile exterior and ample parking provide flexibility for various business concepts, from retail to dining or even a community hub. The property includes an outdoor area, perfect for creating an inviting atmosphere. The asking price is $1,700,000, and both ownership and lease options are available. This property presents a chance to capitalize on Burbank's vibrant commercial scene and create a thriving business in a historically significant location. The property's adaptable aesthetic allows for preservation of its retro charm or creative reimagining to suit a modern aesthetic. This is an exceptional opportunity to own a piece of Burbank history and establish a successful venture. The property's location in Los Angeles County, CA, zip code 91505, ensures excellent visibility and accessibility.

    Property Features for 4420 Magnolia Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    758 SF
    Class
    B

    HighLights

    • Historic landmark on a busy Burbank intersection with high traffic counts and distinctive design.
    • Prime Burbank location with high foot traffic and visibility, surrounded by residential, commercial, and entertainment venues.
    • Versatile exterior space suitable for retail, dining, creative studios, or community use.
    • Ample parking and interior space for various business needs.
    • Charming outdoor area ideal for seating or creating an inviting entrance.
    • High potential to become a beloved community gathering spot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.35456658675
    Latitude
    34.165282254341

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    FAQs

    What type of property is this?
    Restaurant - Vacant 758 SF Convenience Store/QSR
    Where is this restaurant located?
    The property is located at 4420 Magnolia Blvd Burbank, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Historic landmark on a busy Burbank intersection with high traffic counts and distinctive design.; Prime Burbank location with high foot traffic and visibility, surrounded by residential, commercial, and entertainment venues.; Versatile exterior space suitable for retail, dining, creative studios, or community use.
    Request Owner's contact information
    4420 Magnolia Blvd Burbank, CA 91505
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    Burbank, CA 91505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4420 Magnolia Blvd Burbank, CA 91505
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