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
Listed by Jason Vollmer with Beverly and Company Inc. (805) 405-6006
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 | — |
Listing Contact: (805) 870-8448
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 5:41 AM UTC