$4,800,000 Price Analysis 1016 W Magnolia BlvdBurbank, 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 |
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.
Property MLS #24-413105 from TheMLSCLAW
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.