2114 W Magnolia Blvd - Storefront FOR SALE


Burbank, CA 91506- Chandler Park
$1,300,000 USD
818-418-8984
2114 W Magnolia Blvd, Burbank, CA for Sale
$1,300,000 USD
Storefront - FOR SALE
1/78
null | Request Cap Rate

NEW


2114 W Magnolia Blvd
Burbank, CA 91506
Chandler Park


HIGHLIGHTS

  • Multi-Tenant Income Potential
  • Burbank’s Magnolia Park District
  • Near 134 & 1-5 Freeways
  • Retail & Residential Mix
  • Near by landmarks - Warner Bros, Disney & Universal Studios
  • Pedestrian Friendly Corridor

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$817 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use | Burbank's Magnolia Park District

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,496 SF

ZONING

BUC3YY

APN/PARCEL ID

2447-007-004

ASK ABOUT THIS PROPERTY

Alex MatevosianMIG Commercial Real Estate Services, INCMore Info
818-418-8984

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Alex MatevosianMIG Commercial Real Estate Services, INCMore Info
818-418-8984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.