4307 W Magnolia BLVD, Burbank, CA 91505
$1,700,000
$1,700,000
Est.Price: ?

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9,204 Sqft Lot

4307 W Magnolia BLVD Burbank, CA 91505

Est. payment /mo
SOLD DATE : 09/22/2023

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Key Details

Sold Price $1,700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23287821

Sold Date 09/22/23

HOA Y/N No

Year Built 1949

Lot Size 9,204 Sqft

Property Description

Prime property on Magnolia Blvd next door to Popular Magnolia Park neighborhood. Excellent opportunity for owner users or investors. This highly-trafficked Auto Repair facility features 7 total bays with office space, storage space, and bathrooms in approximately 3,300 square feet on a 9,203 lot. One bay is approximately 15' high for larger vehicles. Property can be delivered with 2 in place-on-grade lifts with the opportunity to purchase 3 additional lifts. Parking can accommodate over 15+ cars. The property currently has 2 in-place repair shops. The 3-bay transmission repair shop will be vacated at close of escrow. The second general auto repair shop lease is up 11/1/2023. Located between the Noho Arts District and downtown Burbank makes for a high daily traffic count and continued successful business in this location. Zoned C-3 (commercial general business) that has multiple uses. Burbank is home to many major entertainment companies and studios such as Walt Disney Studios, NBC Studios and more. Excellent Burbank Location. Call to schedule a tour.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUC3YY

Interior

Fireplace No

Exterior

Community Features Gated

Building

Story 1

Others

Tax ID 2476016002

Security Features Gated Community

Special Listing Condition Standard

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Listed by Danny Mahelka Coldwell Banker Realty #01170359
Bought with Subscriber Non Non-Participant Office
Jessica Lam

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