3108 W Magnolia Boulevard, Burbank, CA 91505 (MLS # 24387305)

Save to Favorites
Print
Share
PRICE $1,650,000 dsIDX morgage calculator
SIZE 1,925 sqft
LOT SIZE 2,671 sqft

Built in 1948, this property is approximately 1,925 square feet of building sitting on roughly 2,672 square foot of land, featuring rear parking. Currently the property is occupied by, Splatter Haus, which is under a month-to-month agreement. Additionally, the property showcases two (2) electrical meters, two (2) HVAC units, and two (2) bathrooms, which offers the opportunity of subdividing the building.3108 W Magnolia Boulevard allows an owner-user to capitalize on the demand for retail/office space in the heart of the Magnolia Park District of Burbank! For an owner/user taking advantage of SBA financing with as little as 15% down is the ideal situation. Additionally, there is potential for an owner user to occupy 51% of the building and lease the remaining space for passive income. With 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. Buyer to perform own due diligence and verify all information.

DAYS ON MARKET 17 LAST UPDATED 5/2/2024
YEAR BUILT 1948 COMMUNITY Burbank
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Burbank
BUYER'S BROKERAGE COMPENSATION 2.000 %
HOA DUES 0
LOT 2672 sq ft
ZONING BUC3YY
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 3108 W MAGNOLIA BOULEVARD
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jose Peralta to contact you even if your name is on a Federal or State "Do not call List".

Listed with KW Advisors

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/19/24 10:10 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2024.