Burbank, CA 91506,1014 W Magnolia BLVD
Burbank, CA 91506,1014 W Magnolia BLVD
Burbank, CA 91506,1014 W Magnolia BLVD
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$4,000,000
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0.28 Acres Lot
Active Under Contract

1014 W Magnolia BLVD Burbank, CA 91506

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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 24464895

HOA Y/N No

Year Built 1946

Lot Size 0.282 Acres

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

Area 610 - Burbank

Zoning BUC3*

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Community Features Gated

Utilities Available Electricity Available

Roof Type Flat

Total Parking Spaces 13

Building

Lot Description Corner Lot, Rectangular Lot, Street Level

Story 2

Water Public

Others

Tax ID 2446002029

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,Smoke Detector(s)

Financing Cash

Special Listing Condition Standard


CRMLS – RECore
Listed by Dana Coronado Compass
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 9

    Thomas Jefferson Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 8

    Joaquin Miller Elementary School

    Public | KG - 5

  • 8

    Balboa Elementary School

    Public | KG - 6

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 7

    Walt Disney Elementary School

    Public | KG - 5

  • 7

    Ralph Emerson Elementary

    Public | KG - 5

  • 7

    Benjamin Franklin Elementary School

    Public | KG - 6

  • 6

    William McKinley Elementary School

    Public | KG - 5

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 1

    Glenwood Elementary School

    Public | KG - 5

  • 1

    Options for Youth-Burbank Charter

    Public | KG - 12

  • 0

    St Patrick School

    Private | PK - 8

  • 0

    Cahuenga Nursery School & Kindergarten

    Private | PK - KG

  • 0

    Toluca 'Crossroads' School Preschool & Kindergarte

    Private | PK - TKG

Middle Schools 7
  • 8

    John Muir Middle School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 6

    David Starr Jordan Middle School

    Public | 6 - 8

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

  • 0

    International School of los Angeles-Burbank

    Private | 6 - 12

  • 0

    Burbank Unified School District Community Day

    Public | 7 - 12

High Schools 5
  • 8

    John Burroughs High School

    Public | 9 - 12

  • 8

    Burbank High School

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

  • 0

    Bellarmine-Jefferson High School

    Private | 9 - 12

School and business data provided by Attom Data.

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1014 W Magnolia BLVD