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$4,800,000   Price Analysis
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1016 W Magnolia Blvd
Burbank, CA 91506
0 bed 4 bath 8,474 SqFt ($566/SqFt)
0.26 acre lot. Built 1953
Listed 2024-07-09
Ⓧ USDA Ineligible
due to price & location

near Burbank

Remarks : 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 ffices, 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.


Presented by Lillian Wall at
Wall Street Properties.
Listing Agent Photo

Property MLS #24-413105 from TheMLSCLAW

Bedrooms: 0

Total Bathrooms: 4
1/2 Bathrooms: 4
Bathroom 1 Features: Low Flow Toilet(s)

Block Walls
2 Staircases
Furnished Description: Unfurnished
Flooring: Cement
Window Features: Window Blinds

Bonus Room, Sound Studio

Cooling Features: Air Conditioning
Heating Features: Central

Water Features: Water District

Fencing: Wrought Iron
Other Structures: Accessory Bldgs

Lot Description: Curbs, Exterior Security Lights, Alley Paved, Automatic Gate
Lot Size Acres: 0.2599633
Lot Size Source: Assessor
Lot Size Square Feet: 11324

Garage Description: Auto Driveway Gate, Controlled Entrance, RV Possible
Parking Total: 13

Association: No
Calculated Total Monthly Association Fees: 0

High Ceilings (9 Feet+)
Source Listing Status: Active
County: Los Angeles
Cross Street: W Magnolia Blvd. and Lomita
Directions: Close to 5-101-134 Freeways
Source Property Type: Residential
Area: Burbank
Source Neighborhood: Burbank
Parcel Number: 2446-002-031
Postal Code Plus 4: 1607
Property Location: Alley Access
Zoning: BUC3
Property Subtype: Combo - Res & Com
Source System Name: C2C

Listed 2024-07-09
$4,800,000
TheMLSCLAW

Total Square Feet Living: 8474
Year Built: 1953
Building Exterior Type: Brick, Stucco
Common Walls: Detached/No Common Walls
Entry Location: Ground Level - no steps
Foundation Details: Concrete Slab
Levels: Split Level
Living Area Source: Assessor
Property Age: 71
Property Condition: Updated/Remodeled
Roof: Flat
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Detached
House Style: High Tech
Year Built Source: Assessor
Architectural Style: High Tech

Sewer: In Connected and Paid
Television: Cable TV

Other Equipment: Alarm System, Built-Ins
Security Features: Automatic Gate, Card/Code Access

Walt Disney Elementary School is a public elementary school located approximately 0.2 miles away.
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Burroughs High School is a public high school located approximately 0.6 miles away.
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David Starr Jordan Middle School is a public middle school located approximately 0.8 miles away.
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MEDIA CENTER MONTESSORI PRE-SCHOOL/KINDERGARTEN is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.