4116 Magnolia BlvdBurbank, CA 91505

  • Office buildings
  • 12,522 SF
For Lease
$30/SF/YR View listing

Property Details for 4116 Magnolia Blvd

Year built
1988
Construction
WOOD
Lot size
0.31 AC
Property size (Sq ft)
12,522 SF
Zone code
BUC3*
Property type
Office buildings
APN
2481-007-029
APU
2481007029

Description

This exceptional executive office suite, located at 4116 West Magnolia Boulevard in Burbank, California, offers 1,162 square feet of readily available space within a larger 4,139 square foot building. The property is situated in Los Angeles County, zip code 91505, and boasts a convenient multiple tenancy structure. The suite is ideal for businesses seeking a professional and efficient workspace. Ample parking is provided with a generous 2 spaces per 1,000 square feet, completely free of charge. The building itself comprises a single suite, ensuring a quiet and focused work environment. This Burbank location provides easy access to major transportation routes and local amenities, making it an attractive option for businesses of all sizes. The property is classified as an Executive Office and Professional Office space, reflecting its high-quality finishes and professional atmosphere. This is a rare opportunity to secure a well-appointed office suite in a desirable Burbank location. The available space totals 1,162 square feet, ready for immediate occupancy. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,081,309
    6.5%
    $3,767,362
    7%
    $3,498,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,381,184
    Geo Method
    $2,381,184
  • Alternative Use

    Use
    Valuation
    Residential
    $4,671,530
    Hospitality
    $4,279,096
    Educational
    $3,560,158
    Medical
    $3,682,597
    Retail
    $5,538,022

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.166
Longitude
-118.352
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$32,859
$1,005,269
$1,866,196
$2,871,465
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FAQs

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