12036 West Magnolia Boulevard

Valley Village, CA 91607

$1,200,000
Last Sold Price
—
Beds
6
Baths
2,685 Sq. Ft.
$447 / Sq. Ft.
2,685
Sq. Ft.
$447
per Sq. Ft.

Description

Wonderful Valley Village apartment building near Laurel Canyon and Magnolia. Extremely central and well kept. All the units are large Studio apartments with full kitchens and ample parking feeling like small cottages with lovely front green lawns and shady trees. The rents are not at their heights and have ample rental upside. Average rents are only $1325 and the market rents here are $1650. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation,...Wonderful Valley Village apartment building near Laurel Canyon and Magnolia. Extremely central and well kept. All the units are large Studio apartments with full kitchens and ample parking feeling like small cottages with lovely front green lawns and shady trees. The rents are not at their heights and have ample rental upside. Average rents are only $1325 and the market rents here are $1650. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega- complex. The electric sub - panels have all been upgraded as well as the seismic retrofit work. There is also room in the rear to add ADUs . Easy to manage.
  1. Listed by Alex Galuz • DRE #01291486 • Brokerage DRE #01125362 • Keller Williams Realty Calabasas

Property Details for 12036 West Magnolia Boulevard

Zoning
LAR3
Style
California Bungalow
Cross Streets
Laurel Canyon and Magnolia
Parcel Number
2355008024
Total Units
6.0
Living Area
2685
Source Living Area
Vendor Enhanced
Area
Valley Village (VVL)
LISTING UPDATED: 09/24/2024 04:07 PM

Property Details for 12036 West Magnolia Boulevard

StatusSold
MLS #24-409167
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.16 AC / 6,823 SF
CountyLos Angeles County

Building Information for 12036 West Magnolia Boulevard

Stories-Residences-Year Built1950Building Size-Lot Size0.16 AC / 6,823 SF

Property Information for 12036 West Magnolia Boulevard

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Studio Units
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: North
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $93,341
  • Net Operating Income: $61,717.00
  • Gross Income: $96,226
  • Cap Rate: 4.57%
  • Gross Rent Multiplier: $14.00
  • Actual Annual Gross Rent: $96,228.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 31623
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1566
  • Lot Size Square Feet: 6823
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached, Assigned, Private
  • Total Parking: 6
  • Covered Parking: 2
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Assigned, Private
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Window Unit(s), Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-27-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,325.00
  • Unit Actual Rent: $7,945.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $254,137.00
  • Assessed Improvement Percent: 26.83
  • Assessed Land Value: $693,105.00
  • Assessed Land Percent: 73.17
  • Assessed Total Value: $947,242.00

Property History for 12036 West Magnolia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12036 West Magnolia Boulevard

Taxable ValueLand$706,967Additions$259,219Total$966,186
Tax Record2024$12,447 ($1,037 / month)
Home Facts
Total Finished SqFt2,685 SqFtAbove Grade Finished SqFt2,685 SqFtLot Size6,821 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLAR3CountyLOS ANGELESAPN2355-008-024

Schools near 12036 West Magnolia Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Colfax Charter Elementary School
CharterK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of Keller Williams Realty Calabasas, Alex Galuz, DRE #01291486

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.