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$ 10,500,000
Est. payment /mo
Active
135 W Magnolia BLVD Burbank, CA 91502
7,967 Sqft Lot
UPDATED:
12/13/2024 07:14 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24226498
HOA Y/N No
Year Built 1959
Annual Tax Amount $82,780
Lot Size 7,967 Sqft
Property Description
Welcome to 135 West Magnolia Boulevard, located just blocks from downtown Burbank, this well maintained and recently renovated structure provides multiple opportunities. This four-story building features covered parking comprised of 23,485 sqft with elevator access to every level. Each floor has been beautifully renovated, with three floors of rentable space above grade. The open plan space incorporates 11’ + ceiling heights with private offices, vinyl flooring, kitchenettes, restrooms on each floor, and more. There are many opportunities such as office, media, creative space, and other businesses including but not limited to school, fitness studio, call center, gym, and other possibilities. This building can accommodate a multi-tenant layout with approximately 4,000 square foot half-floor plans, there are multiple full floors available for tenants or owner user case studies. Building amenities, currently include an on-site private gym (tenant occupied), yoga center, and massage studio. In addition to the on-site parking, there are also 50-private parking spaces on the lot just across Varney St. With easy access to the I-5 and downtown this is great for clients, meetings, and easy access into downtown. Located in one of the most sought-after media capitals in the World you will not believe the opportunity 135 West Magnolia has to offer.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Present Use Commercial
Total Parking Spaces 50
Building
Lot Description 0-1 Unit/Acre
Story 4
Water Public
Others
Tax ID 2449034034
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Markus Bohi • Compass • 949-874-3489