1415 W Magnolia Blvd - Office/Residential FOR SALE


Burbank, CA 91506
$6,500,000 USD
818-524-8321
1415 W Magnolia Blvd, Burbank, CA for Sale
$6,500,000 USD
Office/Residential - FOR SALE
1/35
null | Request Cap Rate

1415 W Magnolia Blvd
Burbank, CA 91506


HIGHLIGHTS

  • Generational Opportunity | First Time On The Market In 33 Years
  • Rare Owner-User Opportunity | SBA Financing With As Little As 10% Down
  • Class "B" Office Property in Magnolia Park Neighborhood of Burbank
  • No City Income Tax or No Gross Sales Receipt
  • Pride Of Ownership "Trophy" Asset In An Undersupplied Market

OVERVIEW

The Professional Offices at 1415 W Magnolia Blvd present a compelling investment opportunity in the heart of Burbank, California. This prime property comprises a well-maintained 10,811 square foot building situated on a 11,213 square foot lot. Constructed in 1992, this asset embodies pride of ownership and offers significant potential for investors seeking to capitalize on Burbank's flourishing real estate market. One of the key features of this property is its flexibility, with three separately metered office spaces that provide ample room for customization and income generation. Its strategic location near Burbank's renowned production studios, including Walt Disney Studios, Warner Bros., Cartoon Network, Netflix, and Nickelodeon, positions it as an attractive proposition for businesses in the media and entertainment sector. Burbank's status as the "Media Capital of the World" underscores the high demand for commercial real estate in the area, supported by exceptional demographics and robust economic fundamentals. With high barriers to entry in this market, the Professional Offices present a rare opportunity to acquire a class "B" office building with strong potential for long-term value appreciation. Investors can capitalize on the property's proximity to major studios, diverse tenant base, and the allure of Burbank's vibrant entertainment industry ecosystem.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C3YY

APN/PARCEL ID

2449-025-033

ASK ABOUT THIS PROPERTY

Sevak Amranyan7 Capital Real EstateMore Info
818-524-8321

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Sevak Amranyan7 Capital Real EstateMore Info
818-524-8321

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.