Valley Village, CA 91607,12206 Magnolia Boulevard
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Valley Village, CA 91607,12206 Magnolia Boulevard
Valley Village, CA 91607,12206 Magnolia Boulevard
Valley Village, CA 91607,12206 Magnolia Boulevard
Valley Village, CA 91607,12206 Magnolia Boulevard
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Listed by Jason Vollmer • Beverly and Company Inc.
$ 2,850,000
Est. payment /mo
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Active Under Contract

12206 Magnolia Boulevard Valley Village, CA 91607

16 Beds

17 Baths

9,734 SqFt


UPDATED:

10/29/2024 11:17 PM

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,734 sqft

Price per Sqft $292

MLS Listing ID 224004134

Style Other

Bedrooms 16

Full Baths 17

Originating Board Conejo Simi Moorpark Association of REALTORS®

Year Built 1964

Lot Size 0.284 Acres

Property Description

Prime Valley Village Multifamily Opportunity
Discover 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

Location

State CA

County Los Angeles

Interior

Interior Features Other

Heating Forced Air

Cooling Air Conditioning, Central A/C

Flooring Wood/Wood Like, Other

Laundry Laundry Area

Exterior

Exterior Feature Balcony

Garage Spaces 10.0

View Y/N No

Building

Story 2

Sewer Other, In Street


Tina Lucarelli

Advisor | License ID: 02102354

+1(310) 738-8089

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12206 Magnolia Boulevard