For Sale
$4,000,000

1014 Magnolia BlvdBurbank, CA 91506

Prime Burbank location, two buildings, ample parking.

Overview

Added:
Feb 3
Days on market:
60
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 Details for 1014 Magnolia Blvd

Property type
Square Feet
8,274 SF
Year Built
1946
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.17658
Longitude
-118.32
1014 Magnolia Blvd, Burbank, California

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1014 Magnolia Blvd
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