12206 Magnolia Boulevard, Valley Village, CA 91607
- $2,625,000
- 16
- BD
- 17
- BA
- 9,734
- SqFt
List Agent Jason Vollmer () (805) 405-6006 Beverly and Company Inc.; CoList () Courtesy of Selling Office: HK Realty, Armen Arakelyan - Selling Agent DRE# and Courtesy of Listing Office Beverly and Company Inc., Jason Vollmer - Agent DRE#
- Sold Price
- $2,625,000
- List Price
- $2,850,000
- Closing Date
- Jan 01, 2025
- Status
- CLOSED
- MLS#
- 224004134
- Year Built
- 1964
- Bedrooms
- 16
- Bathrooms
- 17
- Living Sq. Ft
- 9,734
- Lot Size
- 12,377
- Lot Location
- Near Park, Paved
- Days on Market
- 78
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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
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Additional Information
- Appliances
- Water Heater
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Other, Stucco
- Garage Spaces Total
- 10
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Based on information from CRISNet MLS as of . 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 listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.