1016 West Magnolia Boulevard Burbank, CA ^$ 4,800,000

1016 West Magnolia Boulevard

^$ 4,800,000

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1016 West Magnolia Boulevard

Burbank, CA, 91506

^$ 4,800,000

Studio Baths0.0

Monthly Estimate*

^$ 33,529

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Studio

Commercial Property for sale in Burbank, CA

for $4,800,000. This building was built in 1953.

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.

Commercial Active

Price

^$ 4,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1953

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

0024380529

Features

General

Heating Central

Roof Flat

Zoning BUC3*

Security Features Smoke Detector(s) Automatic Gate Gated Community Fire and Smoke Detection System Card/Code Access Fire Sprinkler System

Construction Materials Brick Stucco

Year Built 1953

Business Type Industrial

County Los Angeles

Property Type F

Status Active

City Burbank

MLS Area 610 - Burbank

Lot Size Square Feet 0.0

Street Name Magnolia

Standard Status Active

Exterior

Lot Features Corner Lot

Water Source Public

Lot Size Area 11324.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Lillian M Wall

Listing Agent

Wall Street Properties

Broker

Affordability Calculator

$33,529

Per Month

Monthly Principal & Interest: $33,529
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Burbank, CA

Average List Price ^$2,663,223

Percent of Sale Price 45%

About Burbank, CA

4,839 Population

2% Since 2002

^$64,570 Median Income

36.57 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2024	$4,800,000		Listed Price

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1016 West Magnolia Boulevard, Burbank, CA, 91506 is a Commercial Property for sale at $4,800,000. 1016 West Magnolia Boulevard is a studio with 0.0 baths and was built in 1953. The property's zip code is 91506 which is in Burbank, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/7/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1016 West Magnolia Boulevard

Commercial Property for sale in Burbank, CA

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