3108 W Magnolia Boulevard, Burbank, CA 91505 | MLS 24387305 | Listing Information | Julie Webster | Real Estate Expert Skip to main content
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FOR SALE
$1,650,000

3108 W Magnolia Boulevard
Burbank, CA 91505    Directions

Business Opportunities
Residence
1,925
Sq. Ft.
0.0613
Acre Lot
Living Area Icon
1,925
Sq. Ft.
Lot Size Icon
0.0613
Acre Lot
Listing Agent: Daniel Hirth CalDRE: 01515796 - KW Advisors
Home> California> Burbank> 91505
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.
24387305
Commercial - Business Opportunities, Other
1948
Los Angeles
0.0613 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Daniel Hirth, KW Advisors
Agent Office Phone: 310-300-2838
Agent License: 01515796 Office License: 01499010 Office Phone: 310-482-2200

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Listing Agent: Daniel Hirth CalDRE: 01515796 - KW Advisors
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/17/2024 3:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.