Under contract

Active Under Contract

12206 Magnolia Boulevard

Valley Village CA, 91607

$2,850,000


$292.79 per sqft

Under contract

Active Under Contract

16 Beds

17 Baths

9,734 sqft

Residential

Built in 1964

Prime Valley Village Multifamily OpportunityDiscover this rare investment opportunity in the heart of Valley Village. This well-maintained 10-unit building, situated on a quiet, tree-lined street, offers a diverse mix of units with excellent rental upside potential. The property features 6 spacious 2-bedroom/2-bath units, 3 1-bedroom/1-bath units, and 1 unique 1-bedroom/2-bath unit, many of which include private patios or balconies--perfect for enjoying the SoCal lifestyle. Recent upgrades include completed seismic retrofit work and Newer water heater, the building exudes pride of ownership.Built in 1964, this charming two-story property boasts central air and heating throughout, along with 10 covered parking spots. The building is meticulously cared for, with some units tastefully remodeled to appeal to modern renters. Located near top employers like Universal Studios, CBS, and NBC, as well as close proximity to the vibrant NoHo Arts District, NoHo West, and renowned dining and shopping options, this multifamily property is ideally situated for steady rental demand. Don't miss this chance to own a clean, quiet, and centrally located income-generating asset in one of the Valley's most sought-after neighborhoods

224004134

MLS ID

October 2, 2024

Listed

December 5, 2024

Updated

Map

12206 Magnolia Boulevard
Valley Village CA, 91607

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

17


Full Bathrooms

17


Appliances

Water Heater


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.28 Acres


Lot Features

Near Park, Paved

Other Property Details

Area Name

VVL - Valley Village


Days on Market

63


Garage

Yes


Garage Spaces

10


Parking

Covered, Carport


Parking Total

10


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

10/29/2024

Under contract

Listed by Jason Vollmer, Beverly and Company Inc., CA DRE 01947472

Listing Contact: (805) 405-6006 

Based on information from the CRISNet MLS as of 12/5/2024, 4:41 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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