$1,850,000
For Sale

1509 W Magnolia Boulevard

Burbank, CA 91506
0.12 acres | #GD24238696
Listing OfficeNextHome Grandview
Browse 7 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Discover a rare and exceptional commercial real estate opportunity in the heart of Burbank on the bustling and highly visible Magnolia Blvd. This building features two versatile commercial units perfect for retail or office use, with endless potential to accommodate a variety of business needs. One unit is tenant occupied until 12/31/2024. Next door unit is vacant. Both to be delivered vacant. Situated on a high-traffic street known for its vibrant mix of businesses, this property ensures maximum exposure and foot traffic. Both units offer flexible layouts that can be easily adapted, large display windows for excellent street frontage, and convenient on-site and street parking. There are 9 parking spaces and one disabled parking space available for use. Located in a dynamic community with a thriving local economy, this prime commercial property is easily accessible from major freeways and public transportation. Whether you're looking to expand your current business, open a new retail store, or establish a professional office, these units offer the perfect foundation for success. Contact us for a showing today!

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Stories1
    • Measurements
      • Acres0.1206
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1951
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,850,000
  • Other
      • MLS #GD24238696

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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