CA > Burbank
Burbank, CA 91506,1014 W Magnolia BLVD
Burbank, CA 91506,1014 W Magnolia BLVD
Burbank, CA 91506,1014 W Magnolia BLVD
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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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 4,000,000
Est. payment | /mo
Save
$ 4,000,000
Est. payment | /mo
Save

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

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

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Owner | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.