1112 W Magnolia Blvd
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1112 W Magnolia Blvd
1,835 SF Retail Building Burbank, CA 91506 $1,575,000 ($858/SF)
Investment Highlights
- 1,615 Sq. Ft. Free Standing Building in Highly Desirable Magnolia Park Area
- No Gross Receipts Tax, Friendly Business Environment
- Zoned C-3 Commercial General Business Allows for a Wide Variety of Office and Retail Uses
- 2,875 Sq. Ft. Lot w/Parking Off the Alley
- Investment or Owner User
- Reinforced Concrete Block Building in Safe, Walkable Neighborhood
Executive Summary
Prime for owner user media/production or healthcare / beauty related business or general office i.e. law offices. Available as investment opportunity as tenant is open to negotiate a new lease. Currently month to month.
Possible SBA Financing. Property can be available stand alone or as part of an assemblage with 1110 and 1114 W Magnolia.
***Do Not Disturb Tenants***
Possible SBA Financing. Property can be available stand alone or as part of an assemblage with 1110 and 1114 W Magnolia.
***Do Not Disturb Tenants***
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,835 SF
Building Class
C
Year Built
1982
Price
$1,575,000
Price Per SF
$858
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.07 AC
Zoning
C3 - Zoned C-3 Commercial General Business Allows for a Wide Variety of Office and Retail Uses
Parking
3 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
512 FT on Magnolia
Amenities
- Bus Line
- Signage
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2446-003-005 | Improvements Assessment | $197,021 |
Land Assessment | $459,725 | Total Assessment | $656,746 |
PROPERTY TAXES
Parcel Number
2446-003-005
Land Assessment
$459,725
Improvements Assessment
$197,021
Total Assessment
$656,746
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1112 W Magnolia Blvd
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