Active

1016 W Magnolia Boulevard

Burbank CA, 91506

$4,800,000


$566.44 per sqft

Active

8,474 sqft

Commercial

Built in 1953

Listed by Lillian M Wall with Wall Street Properties 818-705-7370

MEDIA AREA OF BURBANK. Great location. Corner property, with street and alley access. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices. 3 Bathrooms, 2 Kitchens, Rollup door, Reception area, Conference Room, Private Offices, Warehouse Space. Second building: 1524 sq. ft. with Kitchen and Bathroom. On 11,324 sq. ft. Lot. Gated Onsite Parking for 13 cars, plus street parking. Security System. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.* Buyer to confirm tax benefits with the city of Burbank and all information listed above. Buildings were completely renovated in 2011. Close to Shopping, Entertainment, Airport, Transportation, Studios, Downtown Los Angeles and 5 Freeway.

24380529

MLS ID

April 24, 2024

Listed

May 9, 2024

Updated

Map

1016 W Magnolia Boulevard
Burbank CA, 91506

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Corner Lot


Roof

Flat

Other Property Details

Area Name

610 - Burbank


Days on Market

12


Garage

No


Parking Total

13


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

BUC3*


Buyer Agency Compensation

2.5%

Listing Contact: 818-705-7370 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:36 PM UTC

 

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