2926 Magnolia Blvd Burbank, CA 91505-3038
- Office Units
- 3,715 SF
- 0.15 lot acres
Current Use by Public Records
- First Class Real Estate Bill Toth & Associates / Real Estate Agency
- Juli Rogers- REALTOR / Real Estate Agency
- Natali Toth - Realtor / Real Estate Agency
- Krystle Comer, First Class Real Estate / Real Estate Agency
- Fred Herrman Real Estate / Real Estate Agency
Property Details for 2926 Magnolia Blvd
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 3,715 SF
- Zone code
- BUC3YY
- Property type
- Office Units
- APN
- 2479-009-020
- APU
- 2479009020
Property Overview
Located in Magnolia Park, this commercial space offers 1,570 square feet of office area suitable for various business operations. The layout includes one private office, a break room, and a bathroom with a shower and dedicated storage. An additional 720 square feet of garage and storage space is located at the rear of the property, suitable for inventory, equipment, or operational overflow. The property includes two designated parking spaces. It offers visibility and access within a commercial corridor and is suited for creative, administrative, or light production uses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,565,000
- 6.5%
- $1,445,000
- 7%
- $1,340,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $809,000
Market price range: $291k - $809k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,040,000 Current use
- OFFICE BUILDING
- $1,985,000 Change: -3% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,845,000 Change: -10% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,785,000 Change: -13% Conversion: Easy
- MEDICAL BUILDING
- $1,690,000 Change: -17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.34
- Latitude
- 34.17
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA