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Investment Highlights

  • Great Owner User property, Owner lives on property and has a flower shop there since 1989
  • So many options and potential
  • Nice views from 2nd floor unit

Executive Summary

HUGE PRICE ADJUSTMENT!!!! It doesn't get better than this. Don't miss this Incredible Business and Living situation with 4 addresses. A large Condo above with 3 bedrooms and 1 full bath at 10445 1/2 Magnolia Blvd. A Studio unit with a full bath and kitchen with dining area at 10443 1/2 Magnolia Blvd. First floor has 2 retail offices (one with a store front) and 1 bath at 10443 Magnolia Blvd. And there is also a large workspace with high ceilings, great for Contractor, Real Estate office, Dance or Art Studio, Music studio, Merchandise store and/or storage, Coffee shop, Flower shop, with a bathroom at 10445 Magnolia Blvd. There is separate gas meters and electrical panels, 2 car garage, additional parking with gated acces from rear alley. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all of it's potential. Zoned CA2. Owners and family have lived upstairs and have had a flower shop business downstairs since 1989. Must see to appreciate. CALL NOW TO SCHEDULE A PRIVATE SHOWING!!

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,020 SF
Building Class
C
Year Built
1948
Price
$1,746,227 CAD
Price Per SF
$578.22 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,510 SF
Building FAR
0.99
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
LAC2 - Mixed Use - Residential / Commercial CA2. Great owner user property.
Parking
5 Spaces (1.66 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Fenced Lot
  • Outdoor Seating
  • Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2417-017-006
Land Assessment
$426,508 CAD
Improvements Assessment
$348,946 CAD
Total Assessment
$775,454 CAD
  • Listing ID: 35919137

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 10443-10445 Magnolia Blvd, North Hollywood, CA 91601

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