12206 Magnolia Boulevard
Valley Village, CA 91607
9734 sqft | 16 beds | 17 baths | 0.28 acres | #224004134
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
Interior Details
- Bedrooms16
- Bathrooms17
- Full Baths17
Property Details
- Lot DescriptionNearPark, Paved
- Stories2
Measurements
- Acres0.2841
- Square Feet9734
Parking
- Parking Spaces10
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1964
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,850,000
Other
- MLS #224004134
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jason Vollmer (#VCR-C159098638)
Listing Office: Beverly and Company Inc. (#VCR-CB3373001)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
