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4116 W Magnolia Blvd 12,522 SF 100% Leased Office Building Burbank, CA 91505 For Sale
INVESTMENT HIGHLIGHTS
- Ideal Opportunity in Burbank with high visibility. Located within easy walking distance to Magnolia Park restaurants and shops.
- No gross receipts tax.
- Great mix of open space and private offices.
- Ample Parking Available
- Adjacent to all major studios and 2 blocks from the new $500 Million, 30 acre Warner Bros ranch site.
- Owner-User Potential — Ideal for physicians, attorneys, CPAs, and entertainment professionals seeking an owner-occupied office in a high-profile, amen
EXECUTIVE SUMMARY
Located on Magnolia Boulevard in the heart of Burbank, the Subject Property consists of a ± 12,522 square-foot, two (2) story office building on ±13,357 square feet of BUC-3 zoned land. The property has significant, valuable improvements. ±28 parking stalls provide a 2.24 per 1000 parking ratio. There is excellent free street parking available. The area surrounding the Property is a mix of residential, office and neighborhood-serving light commercial.
4116 West Magnolia Boulevard is located at the intersection of W. Magnolia Boulevard and Evergreen Street in the heart of Magnolia Park. Magnolia Park is a hip neighborhood known for its quirky boutiques, vintage antique stores, and chic eateries. This outstanding location provides easy access to Hollywood, Glendale and the San Fernando Valley. 4116 W. Magnolia offers a user or investor the opportunity to acquire a rarely available, freestanding building that has a great location, visibility and parking. It is an exceptionally well-located property in a highly-amenitized, desirable core market. The Property, features excellent onsite and street parking, High-quality improvements and phenomenal visibility. 4116 W. Magnolia provides an owner-user or investor the opportunity to acquire a well-maintained, well-located building in a desirable market, with a history of low vacancy and rising rents.
4116 West Magnolia Boulevard is located at the intersection of W. Magnolia Boulevard and Evergreen Street in the heart of Magnolia Park. Magnolia Park is a hip neighborhood known for its quirky boutiques, vintage antique stores, and chic eateries. This outstanding location provides easy access to Hollywood, Glendale and the San Fernando Valley. 4116 W. Magnolia offers a user or investor the opportunity to acquire a rarely available, freestanding building that has a great location, visibility and parking. It is an exceptionally well-located property in a highly-amenitized, desirable core market. The Property, features excellent onsite and street parking, High-quality improvements and phenomenal visibility. 4116 W. Magnolia provides an owner-user or investor the opportunity to acquire a well-maintained, well-located building in a desirable market, with a history of low vacancy and rising rents.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
12,522 SF
Building Class
B
Year Built
1988
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,261 SF
Slab To Slab
10’
Building FAR
0.93
Lot Size
0.31 AC
Zoning
C3 - Commercial
Parking
28 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Brain Potential Inc
- Health Care and Social Assistance
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- -
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Lorem Ipsum
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Jan 0000
- Golden Century Home Health Care Inc
- Health Care and Social Assistance
- -
- -
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Lorem Ipsum
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Jan 0000
- Pineridge Properties Management Inc
- Real Estate
- -
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Brain Potential Inc | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Golden Century Home Health Care Inc | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Pineridge Properties Management Inc | Real Estate | - | - | Lorem Ipsum | Jan 0000 |
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 2481-007-029 | Improvements Assessment | $2,672,084 CAD |
| Land Assessment | $1,439,379 CAD | Total Assessment | $4,111,463 CAD |
PROPERTY TAXES
Parcel Number
2481-007-029
Land Assessment
$1,439,379 CAD
Improvements Assessment
$2,672,084 CAD
Total Assessment
$4,111,463 CAD
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4116 W Magnolia Blvd
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