12206 West Magnolia Boulevard

Valley Village, CA 91607

$2,850,000
Price
16
Beds
17
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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...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
  1. Listed by Jason Vollmer • DRE #01947472 • Beverly and Company Inc.

Property Details for 12206 West Magnolia Boulevard

Zoning
LAR3
Property Attached YN
true
Parcel Number
2356016023
Total Units
10.0
Living Area
9734
Area
Valley Village (VVL)
Lot Size Area
12377
Source Lot Size Area
404
LISTING UPDATED: 10/15/2024 08:43 PM

Property Details for 12206 West Magnolia Boulevard

StatusActive
MLS #224004134VC
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.28 AC / 12,377 SF
CountyLos Angeles County

Building Information for 12206 West Magnolia Boulevard

Stories2Residences-Year Built1964Building Size-Lot Size0.28 AC / 12,377 SF

Property Information for 12206 West Magnolia Boulevard

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • View: No
  • Guest House: None
  • Property Condition: Building Permit
  • Sewer: Other, In Street
Contract Info
Contract Info
  • Disclosures: Building Permit
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Actual Annual Gross Rent: $18,716.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Land Lease Amount Per Year: $.00
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 12377
  • Lot Features: Park Nearby, Paved
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 10
  • Garage Spaces Total: 10
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
  • Parking Features: Covered, Carport
Interior Features
Interior Features
  • Levels: Two
  • Fireplace: No
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Wood
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
  • Entry Location: Ground Level w/Steps, Other
  • Construction Materials: Other, Stucco
  • Exterior Construction: Other, Stucco
  • Construction MVO: Other, Stucco
  • Foundation Details: Other
Lease Terms
Lease Terms
  • Entry Date: 10-02-2024
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Rent: $1,571.00
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,753.00
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,820.00
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,925.00
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $1,820.00
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $2,490.00
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,916.00
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,800.00
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,805.00
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,818.00
Unit Details
  • Number of Electric Meters: 10
  • Number of Gas Meters: 10
  • Number Leased: 10
  • Number Water Meters: 1

Property History for 12206 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 12206 West Magnolia Boulevard

Taxable ValueLand$2,106,876Additions$1,409,432Total$3,516,308
Tax Record2024$43,980 ($3,665 / month)
Home Facts
Total Finished SqFt9,734 SqFtAbove Grade Finished SqFt9,734 SqFtLot Size12,374 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR3CountyLOS ANGELESAPN2356-016-023

Schools near 12206 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.

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12206 West Magnolia Boulevard is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on October 2, 2024 by Beverly and Company Inc., it's currently listed at $2,850,000. It has been on the market for a total of 21 days and was last sold on June 15, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Colfax Charter Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 12206 West Magnolia Boulevard is a 16-bed, 17-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company Inc., Jason Vollmer, DRE #01947472

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.