1605 W Magnolia BLVD, Burbank, CA 91506
$975,000
$999,900
2.5%
Est.Price: ?

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2,596 Sqft Lot

1605 W Magnolia BLVD Burbank, CA 91506

Est. payment /mo
SOLD DATE : 12/08/2022

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Key Details

Sold Price $975,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB22137064

Sold Date 12/08/22

HOA Y/N No

Year Built 1942

Lot Size 2,596 Sqft

Property Sub-Type Special Purpose

Property Description

Prime location near Burbank's Magnolia Park and minutes from downtown Burbank. This is a fantastic retail or special purpose building that has a unique setback from the sidewalk which allows ample space to use as a patio area for a cafe. The possibilities are endless. Currently divided up into two large areas in the front and rear, including several office spaces. May be used as an art, dance or martial arts studio, retail or cafe/coffee shop. Has up to 3 parking spaces in the rear through the alley and plenty of street parking as well. The roof was upgraded recently. Buyer to cooperate with Seller's 1031 exchange.

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Fireplace No

Laundry None

Exterior

Total Parking Spaces 3

Building

Lot Description 0-1 Unit/Acre

Water Public

Others

Tax ID 2449029012

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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Listed by Harry Sousani Property Cinch #01492395
Bought with Lincoln Jeon Lincoln Jeon
Jessica Lam

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