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1014 W Magnolia Boulevard

Burbank, CA 91506
  • $4,000,000
  • STATUS: Active Under Contract
  • ON SITE: 88 Days
  • ID#: 24464895
Under Contract
UPDATED: 38 min ago
$4,000,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Dana Coronado of Compass (818-783-7721)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T23:26:28.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/158031886
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1014 W Magnolia Boulevard Burbank, CA 91506

  • Price: $4,000,000
  • Status: Active Under Contract
  • On Site: 88 Days
  • Updated: 38 min ago
  • ID#: 24464895
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1946
Built
Neighborhood:
610 - Burbank
County:
Los Angeles
Area:
610 - Burbank
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.
Exterior Features

Construction Materials Stucco Lot Features Corner LotRectangular LotStreet Level Open Parking Spaces 13 Parking Total 13 Roof Flat

Interior Features

Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Business Type Other Buyer Financing Cash Community Features Gated Electric HeavyStandard Insurance Expense 6356 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Security Features Carbon Monoxide Detector(s)Security GateGated CommunitySmoke Detector(s) Special Listing Conditions Standard Utilities Electricity Available Water Source Public Zoning BUC3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T23:26:28.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Dana Coronado of Compass (818-783-7721)