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1016 W Magnolia Blvd Burbank, CA, 91506
$4,800,000 Commercial for sale Comm Ind For Sale
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.
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Property details
8,474 sqft interior area
Land area
11,324 sqft (0.26 acres)
Days on Verhouse
22
Address
1016 W Magnolia Blvd, Burbank, CA, 91506
City of California
Burbank
County
Los Angeles
Year Built
1953
Parking Spaces
13
District
Listing
Nearby major retailers
Costco
Whole Foods Market
Lowe's
Walmart Supercenter
Toyota
Trader Joe's
T-Mobile
Trader Joe's Glendale
Aldi
Wholesale: 2
Supermarket: 7
Do it yourself: 1
Car: 3
Mobile phone: 3
Car repair: 1
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Interior Features
13 parking places
Garage & Parking
Electric Gate
Listed by
Lillian M Wall, Wall Street Properties
Name
Lillian M Wall
License number
00398466
Brokerage company
Wall Street Properties
MLS #
CL24380529
Payment calculator
Calculate your monthly payments
Mortgage
$14,738
Taxes
$0
HOA dues
$0
Mortgage
$960,000 / 20%
2.28%
30 years
Your amount
$14,738 / month
Exterior Features
Brick, Stucco construction
Construction
Brick, Stucco
Lot details
TMK #2446002031
Parcel nr.
2446002031
91506 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 91506
40%
Families with children
National average: 39%
42%
Non family households
256,660
Population
$90,470
Average Income
Age & gender
Median age 38 years
More info
Commute types
84% commute by car
More info
Education level
28% have bachelor education
More info
Number of employees
2% work in information
More info
Vehicles available
41% have 1 vehicle
More info
Vehicles by gender
41% have 1 vehicle
More info
Housing market insights for
$1.27m
Neighborhood average
sales price*
sales price*
$1.15m
Neighborhood median
sales price*
sales price*
394
Number
of sales*
of sales*
Housing type
40% are single detacheds
More info
Rooms
34% of the houses have 4 or 5 rooms
More info
Bedrooms
60% have 2 or 3 bedrooms
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Owners vs Renters
61% are renters
More info
16.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 24, 2024 | New Listing | $4,800,000 | 0 | MLS #CL24380529 |
Taxes of 1016 W Magnolia Blvd, Burbank, CA, 91506
BUC3 zoning / MLS #CL24380529
Zoning
BUC3
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Frequently Asked Questions about 1016 W Magnolia Blvd
What is 1016 W Magnolia Blvd?
1016 W Magnolia Blvd is a Commercial/Industrial propertywith 8,474 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1016 W Magnolia Blvd, Burbank, CA, 91506.
What comparable properties are nearby?
Comparable nearby commercial properties include 235 W Tujunga Ave, 1028 W Burbank Blvd, 1022 W Burbank Blvd, 231 E Burbank Blvd, 2101 W Burbank Blvd, 420 W Elmwood Ave.
Based on information from the bridgeMLS as of 05-16-2024. 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.
Listing last updated on: May 07, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Aldi, 0.25 miles away and Sprouts Farmers Market, 0.73 miles away.
The 91506 zip area has a population of 256,660, and 40% of the families have children. The median age is 38.97 years and 84% commute by car. The most popular housing type is "single detached" and 61% is renter.
