Free-Standing Office by Downtown Burbank | 1115 W Magnolia Blvd
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Free-Standing Office by Downtown Burbank 1115 W Magnolia Blvd
4,325 SF Office Building Burbank, CA 91506 $2,600,000 ($601/SF)
Investment Highlights
- Free-standing office building by downtown Burbank on Magnolia Blvd, that would serve as an ideal fit for media, entertainment & podcast uses
- Features 50’ of street frontage of Magnolia Blvd and less then 1.5 miles from the 5 Freeway and downtown Burbank.
- Property amenities include a 2 ADA compliant restrooms and 1 parking space.
- Burbank features an industry-leading media district that is home to nationally recognized entertainment companies.
- Lobby, several offices, meeting rooms with 14’ ceilings, polished concrete floors, CAT 5 cable, and a multitude of skylights
Executive Summary
1115 W. Magnolia Blvd is a free-standing office, 1 mile from downtown Burbank, that will serve as an ideal fit for media, entertainment, and podcast uses. Burbank features an industry-leading media district that is home to nationally recognized entertainment companies such as Warner Bros Discovery (10,000 employees), The Walt Disney Company (7,800 employees), Nickelodeon (900 employees), Netflix (850 employees), and more. Built in 1969, the property features 50’ of street frontage on Magnolia Blvd located 1 mile from the 5 Freeway and downtown Burbank. The 4,325 SF office features a lobby, several offices, meeting rooms with 14’ ceilings, polished concrete floors, CAT 5 cable throughout the building, and a multitude of skylights throughout the space that allow an abundance of natural light. Property amenities include 2 ADA-compliant restrooms and 1 parking space.
Property Facts In Escrow
Sale Type
Owner User
Property Type
Office
Building Size
4,325 SF
Building Class
C
Year Built
1969
Price
$2,600,000
Price Per SF
$601
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,325 SF
Slab To Slab
14’
Building FAR
0.90
Lot Size
0.11 AC
Zoning
C3, Burbank
Parking
1 Space (0.23 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 2449-019-002 | Improvements Assessment | $619,247 |
| Land Assessment | $614,954 | Total Assessment | $1,234,201 |
PROPERTY TAXES
Parcel Number
2449-019-002
Land Assessment
$614,954
Improvements Assessment
$619,247
Total Assessment
$1,234,201
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Free-Standing Office by Downtown Burbank | 1115 W Magnolia Blvd
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