$1,385,000
$1,424,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2,252 Sqft Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $1,385,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24075081
Sold Date 11/08/24
HOA Y/N No
Year Built 1949
Lot Size 2,252 Sqft
Property Description
TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! OWNER FINANCING AVAILABLE! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meters, but share gas and water meters. The alley access for the apartment promises quiet privacy with direct parking and easy in and out. An extremely sought after apartment in the extremely low vacancy rental market. Easy walkability and the perfect blend of commercial and residential charm! None others like it! SPECIAL NOTE= The business is not for sale, will not be closing, just relocating in town!
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Heating Central, Natural Gas
Cooling Central Air, High Efficiency
Fireplace No
Laundry None
Exterior
Fence None
Present Use Commercial
Total Parking Spaces 4
Building
Lot Description Near Public Transit, Rectangular Lot, Street Level, Walkstreet
Story 1
Water Public
Others
Tax ID 2447007030
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available
Listing Terms 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available
Financing Seller Financing
Special Listing Condition Standard, No Smoking
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Bought with Barry Burnett • Barry Burnett Realty, Inc.
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REALTORS® | Lic# 01155199 | 02051274