Description​​​

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The Coronado Real Estate Group at Compass Commercial is pleased to present for sale a very unique opportunity to purchase 3 contiguous parcels being sold together. The property consists of two structures and one open parking lot. The property is on the corner of Magnolia Blvd and Lomita St, between Victory and Buena Vista Street. The larger structure is appx 7,000 SF and is currently used as creative office. The corner building is just over 1,500 SF and while zoned as a warehouse, it is also used as creative office. There are 13 parking spaces and the property was completely remodeled in 2011. An owner-user could easily occupy the larger structure and lease out the smaller building, while still qualifying for an owner-user SBA Loan with as little as 10% down payment. There is also flexibility in terms of how the structures are configured, with room to customize the set up to suit many needs. A must see, especially when it’s cheaper to own than rent!

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Location

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Many people living in Burbank work in the entertainment sector, given the proximity to major production studios like Warner Bros. and Walt Disney. This creates a vibrant community of artists, technicians, and other industry professionals. Burbank is known for its excellent public services, including highly-rated schools and well-maintained parks, which are attractive to families and professionals alike. The city's infrastructure supports easy commuting, with access to major freeways and public transportation options like the Metrolink, making it convenient for those working in and around Los Angeles.