22
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$4,000,000
Est. payment /mo
8,274 SqFt
Pending
1014 W Magnolia Boulevard Burbank, CA 91506
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 8,274 sqft
Price per Sqft $483
MLS Listing ID CL24464895
HOA Y/N No
Year Built 1946
Lot Size 0.282 Acres
Acres 0.28
Property Sub-Type Comm Ind For Sale
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.
Location
State CA
County Los Angeles
Zoning BUC3
Interior
Heating Other
Fireplace No
Exterior
Utilities Available Other
Total Parking Spaces 13
Building
New Construction No
Others
Tax ID 2446002029
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Listed by Dana Coronado • Compass
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289