12206 Magnolia Boulevard

Valley Village, CA 91607

$2,850,000

List Price

16

bed Beds

17

shower Baths

9,734 sqft

straighten / sqft

1964

calendar_month Built

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

Listing Information

List Price $2,850,000
Status Active Under Contract
MLS 224004134
Type Residential Income
Year Built 1964
Lot Size 12,377
Structure Size 9,734
DOM 27
Courtesy Of Beverly and Company Inc.
Listing Agent Jason Vollmer DRE#01947472

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 17
Flooring Information
Material Wood
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Jason Vollmer, Beverly and Company Inc. (805) 405-6006. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 11:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.