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Burbank, CA 91506 1016 W Magnolia Boulevard

$4,800,000

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Presented By: Lillian M Wall with Wall Street Properties;
  • MLS# 24380529
  • 04/25/2024
  • Request Tour
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  • FootageSQFT • 8,474

Home Details

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.
Presented By: Lillian M Wall with Wall Street Properties;

Interior Features for 1016 W Magnolia Boulevard

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixBoulevard
Total Stories1

General for 1016 W Magnolia Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building FeaturesRecreationRoom
Buyer FinancingCash
Carport Y/NNo
CityBurbank
Community FeaturesGated
Construction MaterialsBrick, Stucco
CountyLos Angeles
Days on Market12
DirectionsGreat corner property.
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet11324.0
MLS Area610 - Burbank
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces13.0
Possible UseIndustrial
Private PoolNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Security FeaturesFireDetectionSystem, FireSprinklerSystem, SecurityGate, GatedCommunity, KeyCardEntry, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMagnolia
View Y/NNo
Waterfront Y/NNo
Year Built1953
ZoningBUC3*

Exterior for 1016 W Magnolia Boulevard

Building Area Total8474.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.26
Lot Size Area11324.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Total Parking13.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $4,800,000
MLS#24380529
List Date 04/25/2024
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors