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Mixed Use | Burbank's Magnolia Park District 2114 W Magnolia Blvd 1 591 pi² 75% Loué Commerce de détail Immeuble Burbank, CA 91506 1 800 383 $ CAD (1 131,60 $ CAD/pi²)
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Multi-Tenant Income Potential
- Near 134 & 1-5 Freeways
- Near by landmarks - Warner Bros, Disney & Universal Studios
- Burbank’s Magnolia Park District
- Retail & Residential Mix
- Pedestrian Friendly Corridor
RÉSUMÉ DE L'ANNONCE
Located in the heart of Burbank’s Magnolia Park district, 2114 Magnolia Blvd presented by MIG Commercial Real Estate Services is an exceptional opportunity to acquire a well-maintained mixed-use property with strong street presence and flexible income potential. The property consists of two ground-floor commercial units (Units A & B) and two residential spaces (Unites D & C), including a one-bedroom, one-bath apartment and a studio above.
** Of the two retail units, Unit A is owner-occupied and can be delivered vacant at the close of escrow. Unit B is tenant-occupied on a month-to-month basis by a hair salon currently paying $975 per month plus utilities. Both commercial units are separately metered for utilities. As for the residential portion of the property, Unit C (a one-bedroom, one-bath unit) is currently vacant, while Unit D (a studio unit) is occupied on a month-to-month basis, paying [insert rent amount] per month. **
The ground-floor retail units offer excellent visibility along Magnolia Boulevard, a destination known for its eclectic mix of boutiques, cafés, and creative businesses. These spaces are ideal for a range of uses, such as specialty retail, a neighborhood café, salon, wellness studio, or professional office. The second-floor apartments add a valuable residential component, suitable for long-term rental income or potential live/work arrangements, appealing to the area’s growing community of creative professionals.
Positioned within close proximity to major Burbank attractions such as Warner Bros. Studios, Disney, and Universal Studios, the property benefits from steady pedestrian and vehicle traffic, as well as strong local demand for retail and housing. Nearby landmarks including the Chandler Bikeway and Portos Bakery contribute to the vibrant character of the surrounding area. Easy access to the 134 and I-5 freeways further enhances connectivity to the greater Los Angeles region.
No guarantee, warranty or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer's Agent to do their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.
** Of the two retail units, Unit A is owner-occupied and can be delivered vacant at the close of escrow. Unit B is tenant-occupied on a month-to-month basis by a hair salon currently paying $975 per month plus utilities. Both commercial units are separately metered for utilities. As for the residential portion of the property, Unit C (a one-bedroom, one-bath unit) is currently vacant, while Unit D (a studio unit) is occupied on a month-to-month basis, paying [insert rent amount] per month. **
The ground-floor retail units offer excellent visibility along Magnolia Boulevard, a destination known for its eclectic mix of boutiques, cafés, and creative businesses. These spaces are ideal for a range of uses, such as specialty retail, a neighborhood café, salon, wellness studio, or professional office. The second-floor apartments add a valuable residential component, suitable for long-term rental income or potential live/work arrangements, appealing to the area’s growing community of creative professionals.
Positioned within close proximity to major Burbank attractions such as Warner Bros. Studios, Disney, and Universal Studios, the property benefits from steady pedestrian and vehicle traffic, as well as strong local demand for retail and housing. Nearby landmarks including the Chandler Bikeway and Portos Bakery contribute to the vibrant character of the surrounding area. Easy access to the 134 and I-5 freeways further enhances connectivity to the greater Los Angeles region.
No guarantee, warranty or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer's Agent to do their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
1 591 pi²
Classe d’immeuble
C
Année de construction
1955
Prix
1 800 383 $ CAD
Prix par pi²
1 131,60 $ CAD
Pourcentage loué
75%
Location
Multiples
Hauteur du bâtiment
2 étages
Dalle à dalle
11’
Coefficient d’occupation des sols de l’immeuble
0,64
Taille du lot
0,06 AC
Zonage
BUC3YY - BU-C3
Stationnement
2 places (1,26 places par 1 000 pi² loué)
Façade
25’ sur Magnolia Blvd
COMMODITÉS
- Accès 24 heures
- Climatisation
Walk Score®
Très pratique à pied (79)
Bike Score®
Très cyclable (80)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 2447-007-004 | Évaluation des bâtiments | 224 106 $ CAD |
| Évaluation du terrain | 204 980 $ CAD | Évaluation totale | 429 086 $ CAD |
Impôts fonciers
Numéro de lot
2447-007-004
Évaluation du terrain
204 980 $ CAD
Évaluation des bâtiments
224 106 $ CAD
Évaluation totale
429 086 $ CAD
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Mixed Use | Burbank's Magnolia Park District | 2114 W Magnolia Blvd
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