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1415 Magnolia BlvdBurbank, CA 91506

Prime Burbank Office, Owner-User Ideal

Overview

Added:
Dec 11, 2024
Days on market:
115
This Burbank, CA office building presents a unique owner-user opportunity. The 10,811 square foot, two-story Class B building sits on an 11,213 square foot lot and boasts 29 parking spaces, including handicap-accessible spots (2.6:1 ratio). Built in 1992 and renovated in 2024, the property features a fully functional elevator and three separately metered office spaces, offering flexibility for customization and potential income generation. Located at 1415 W Magnolia Blvd (APN 2449-025-033), this fee-simple property benefits from excellent visibility and proximity to major studios, including Walt Disney Studios, Warner Bros., Cartoon Network, Netflix, and Nickelodeon. The C3 zoning allows for commercial office use. SBA financing is available with as little as 10% down. This is a rare opportunity to acquire a well-maintained asset in a thriving market with strong potential for long-term value appreciation. The property is vacant and offers a generational opportunity, being available for sale for the first time in 32 years. Burbank's strong economic fundamentals and lack of city income tax or gross sales receipt tax further enhance the investment appeal.

Highlights

  • Generational opportunity; first time on market in 32 years.
  • Pride of ownership; original owner/developers.
  • 1992 construction.
  • BUC3YY zoning; Commercial Office (General).
  • Owner-user opportunity; SBA financing available with 10% down.
  • 29 parking spaces, including handicap access; 2.6:1 parking ratio.

Property Details for 1415 Magnolia Blvd

Property type
Office properties
Square Feet
10,811 SF
Class
B
Year Built/Renovated
1992/2024
Buildings
1
Stories
2

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.175693
Longitude
-118.3244053
1415 Magnolia Blvd, Burbank, California

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1415 Magnolia Blvd
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