Active

1016 W Magnolia Blvd

Burbank CA, 91506

$4,500,000


$531.04 per sqft

Active

4 Baths

8,474 sqft

Residential

Built in 1953

Remarks : 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.

24-413105

MLS ID

July 9, 2024

Listed

August 23, 2024

Updated

Map

1016 W Magnolia Blvd
Burbank CA, 91506

Interior Features

Total Stories

2


Total Bathrooms

4


Half Bathrooms

4


Interior Features

Block Walls, 2 Staircases


Appliances

Alarm System, Built-Ins


Laundry Description

None


Floor Description

Cement


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Air Conditioning


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Curbs, Exterior Security Lights, Alley Paved, Automatic Gate


Architectual Style

High Tech


Roof

Flat


Sewer

In Connected and Paid

Other Property Details

Area Name

Burbank


Days on Market

113


Garage

No


Parking

Auto Driveway Gate, Controlled Entrance, RV Possible


Parking Total

13


View

No


View Description

None


County

Los Angeles


Water Source

Water District


Pool

No


Pool Features

None


Zoning

BUC3*

Listing History

Date

Event

Price

8/10/2024

Price change

$4,500,000

-7%

Listed by Lillian M Wall with Wall Street Properties
Listing Contact: 818-489-8008 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 8/23/2024

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