1612 Magnolia Blvd
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1612 Magnolia Blvd
2,000 SF Retail Building Burbank, CA 91506 $2,395,000 ($1,198/SF)
Investment Highlights
- Beautiful, Safe and Walkable Magnolia Park Neighborhood
- Custom Features & Premium Amenities
- Close to 5 & 134 Freeways and Downtown Burbank Metrolink Station
- Rare Single Tenant 2,000 Sq. Ft. Commercial Storefront
- Golf Simulator Included (~$100K value)
- Business Friendly City w/No Gross Receipts Tax
Executive Summary
Located in the heart of Burbank’s vibrant retail corridor, 1612 Magnolia Blvd offers 2000 SF of fully renovated, high-end retail or office space with unmatched flexibility. This unique property is ideal for owner-users and businesses seeking a turn-key space with both functional and entertaining features. With 66 feet of street frontage on one of Burbank's busiest thoroughfares, your business will enjoy prime visibility and easy access to major roads and public transit.
The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation.
The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation.
The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation.
The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,000 SF
Building Class
C
Year Built
1948
Price
$2,395,000
Price Per SF
$1,198
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Land Acres
0.06 AC
Zoning
BUC3YY - General Office and Retail Uses Permitted
Parking
4 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
66 FT on Magnolia Blvd
Amenities
- Bus Line
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2446-015-005 | Improvements Assessment | $153,000 |
| Land Assessment | $571,200 | Total Assessment | $724,200 |
PROPERTY TAXES
Parcel Number
2446-015-005
Land Assessment
$571,200
Improvements Assessment
$153,000
Total Assessment
$724,200
-
David Nalbandyan -
LA Premier Realty
(855) 525-7654
x101
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