2 months on rocket

1016 W Magnolia Blvd, Burbank, CA, 91506

$4,500,000

4 Partial Baths
8,474 SqFt
$531/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingControlled Entrance, Electric Gate, RV Potential
Year Built1953
HeatingCentral
FireplaceNone
ViewNone
MLS #24413105
Lot Size0.26 Acres
StatusActive

About 1016 W Magnolia Blvd

Remarks : MEDIA AREA OF BURBANK. Corner property, with street and alley access. Soundproof Screening Room. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices, soundproof screening room, 3 Bathrooms, 2 kitchens, rollup door, reception area, conference room, private offices, warehouse space. Second building: 1524 sq. ft. with lunch area, 4 offices, open work area and bathroom. On 11,324 sq. ft. Lot. Gated onsite parking for 13 cars, plus street parking. Security system. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.* Buyer to confirm tax benefits with the city of Burbank and all information listed above. Buildings were completely renovated in 2011. Close to Shopping, Entertainment, Airport, Transportation, Studios, Downtown Los Angeles Burbank Airport, 5 and 134 Freeways.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 2
  • Living Area: 8,474 SqFt

Listing Office:

  • Office Name: Wall Street Properties
  • Office Phone: (818) 705-7370
  • Listing Agent: Lillian M Wall

Interior Features

Interior Information:

  • Interior: Block Walls, Multiple Staircases
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Controlled Entrance, Electric Gate, RV Potential

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Burroughs High School, Public District Grades 9-12
  • David Starr Jordan Middle School, Public District Grades 6-8
  • Walt Disney Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Close to 5-101-134 Freeways

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000
  • Price Per SqFt: $531/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Burbank, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$774

Avg. Days On Market

20

# of Sold Homes

50

1016 W Magnolia Blvd vs Burbank

60 DAYS ON ROCKET

+40 Days

$4,500,000

+$3.3M More

$531/SqFt

-$244 Less

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $244/SqFt less than other homes in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24413105

Listing Office:

  • Office Name: Wall Street Properties
  • Office Phone: (818) 705-7370
  • Listing Agent: Lillian M Wall

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1088535
7
/10
  • Walt Disney Elementary School

  • 1220 W Orange Grove Ave

  • 0.23 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1088536
5
/10
  • David Starr Jordan Middle School

  • 420 S Mariposa St

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1088537
8
/10
  • Burroughs High School

  • 1920 W Clark Ave

  • 0.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,959. Typical income of Burbank, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 W Magnolia Blvd

What is the listing price of this property?

The listing price of 1016 W Magnolia Blvd property is $4,500,000.

What type of property is this?

The property 1016 W Magnolia Blvd is a house located in Burbank, California, 91506.

Is this property for sale now?

Active Listing: 1016 W Magnolia Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1016 W Magnolia Blvd are:
Walt Disney Elementary School: GreatSchools Rating 7/10
David Starr Jordan Middle School: GreatSchools Rating 5/10
Burroughs High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1016 W Magnolia Blvd has 4 bathrooms..

What is the square footage of this property?

The property 1016 W Magnolia Blvd is 8,474 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1016 W Magnolia Blvd is 1953.
Rocket Homes logo

Interested in 1016 W Magnolia Blvd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaLos Angeles CountyBurbank915061016 W Magnolia Blvd

This home is located at 1016 W Magnolia Blvd in Burbank, CA and zip code 91506 in the Chandler Park neighborhood. This 8,474 square foot home, which was built in 1953, sits on a 0.26 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $4,500,000.

Over 31 listings were sold over their listed price in August 2024 in Burbank, CA. In the same period over 18 listings were sold below the listed price and 1 listings were sold for the listed price. In August 2024 median list price was $1,138,333 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources