1115 W Magnolia Boulevard
- Home
- Success Story
- 1115 W Magnolia Boulevard
Sold at 99% of the list price in just 60 days, this Burbank office transaction demonstrates how clear positioning and the right marketing can still produce strong outcomes, even in a challenging market.
Background
1115 W Magnolia Boulevard is a freestanding owner-user office property located approximately one mile from Downtown Burbank and the Interstate 5 Freeway. The location sits within one of Southern California’s most established media and entertainment districts, home to a concentration of nationally recognized production, broadcast, and creative companies. The property’s proximity to major studios and related employers made it well suited for media, entertainment, podcast, and creative office users seeking control of their own space.
Built in 1969, the building offers approximately 4,325 square feet of office space with 50 feet of street frontage along Magnolia Boulevard. The interior layout includes a lobby, multiple private offices, and meeting areas with ceiling heights reaching approximately 14 feet. Polished concrete floors, CAT 5 cabling throughout, and multiple skylights provide a functional workspace with strong natural light, aligning with the needs of modern owner-users.
The seller was introduced through inbound lead generation and engaged representation with a clear goal of securing a clean, efficient transaction. Commercial expertise was coordinated with Anthony Behar of Major Properties to ensure appropriate positioning and exposure to both owner-users and select investors.
Result
Once brought to market, the property attracted interest from buyers evaluating owner-user office opportunities in Burbank. Multiple offers were identified, and the selected buyer, represented by an outside agent, was a nonprofit organization seeking to acquire and occupy its own office space.
The transaction closed at an all-cash price representing 99% of the list price, with escrow completing 60 days after the listing agreement was executed. The outcome reflected the strength of the Magnolia Boulevard location and the effectiveness of a focused, market-aware strategy.
Story Details
Name
1115 W Magnolia Boulevard
Closed Time
Price
Location
Get In Touch
A Practical Conversation,
Not a Sales Pitch
If you’re evaluating options for your property, we’re available to talk through value, timing, and current buyer sentiment. The goal is clarity, not commitment.
