$ 4,100,000
1016 W Magnolia BLVD Burbank, CA 91506
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$ 4,100,000
Est. payment /mo
Price Dropped by $400K
1016 W Magnolia BLVD Burbank, CA 91506
8,474 SqFt
UPDATED:
09/30/2024 06:14 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,474 sqft
Price per Sqft $483
MLS Listing ID 24380529
HOA Y/N No
Year Built 1953
Lot Size 0.260 Acres
Acres 0.26
Property Description
MEDIA AREA OF BURBANK. Corner property, with street and alley access. Soundproof Screening Room. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices, soundproof screening room, 3 Bathrooms, 2 kitchens, rollup door, reception area, conference room, private offices, warehouse space. Second building: 1524 sq. ft. with lunch area, 4 offices, open work area 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 Burbank Airport, 5 and 134 Freeways.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUC3*
Interior
Heating Central
Fireplace No
Exterior
Community Features Gated
Roof Type Flat
Total Parking Spaces 13
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 2446002031
Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Key Card Entry,Smoke Detector(s)
Financing Cash
Special Listing Condition Standard
Listed by Lillian M Wall • Wall Street Properties