Max Ziegler Acquires Mixed-Use Property In Burbank For $4M
1501-1509 W Magnolia Boulevard
14,200 SF
Summary
The mixed-use property located at 1501-1509 W Magnolia Boulevard in Burbank was sold for $4,000,000. Spanning 7,100 square feet, the property was purchased by Max Ziegler from seller Timothy Prince. The deal was facilitated by brokers Ethan Donel, Alex Reyhan, and Daniel Hirth from The Hirth Group, who successfully managed to secure a buyer willing to proceed without any contingencies, resulting in a swift 14-day close.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,000,000
- Address: 1501-1509 W Magnolia Boulevard
- Market: Burbank
- SF: 7,100
- PPSF: $563
- Buyer: Max Ziegler
- Seller: Timothy Prince
- Brokers: Ethan Donel, Alex Reyhan & Daniel Hirth - The Hirth Group
The Hirth Group played a crucial role in the property transaction, curating multiple offers and securing a buyer who was ready to proceed swiftly without any contingencies. This successful deal showcases the expertise and efficiency of the brokers involved in orchestrating a seamless transaction for both the buyer and the seller.
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