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$4,100,000

Beds
Unknown
Baths
2.0
sq ft
8,474

1016 W Magnolia Blvd, Burbank, CA 91506

1016 W Magnolia Blvd

Burbank, CA 91506

  • 80 days on market
    • Price drop $400,000↓
Remarks :PRIDE OF OWNERSHIP LOCATION. 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 offices, 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.

Details

Property type

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$484

Year built

1953

HOA

No

Price History

09/16/2024
CLAW

CLAW #24413105

Price change
$4,100,000
-8.89%
08/10/2024
CLAW

CLAW #24413105

Price change
$4,500,000
-6.25%
04/22/2024
CLAW

CLAW #24413105

Listed
$4,800,000

Schools & Community

Neighborhood: 

Burbank Center

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 09/27/2024 at 11:15 PM

Listing updated: 09/27/2024 at 11:00 PM

Listed by: Lillian M Wall, Wall Street Properties Phone #: (818) 705-7370

MLS: CLAW #24413105

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