12206 West Magnolia Boulevard
$2,850,000
16
17
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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
- Listed by Jason Vollmer • DRE #01947472 • Beverly and Company Inc.
Property Details for 12206 West Magnolia Boulevard
Zoning
LAR3
Property Attached YNtrue
Parcel Number2356016023
Total Units10.0
Living Area9734
AreaValley Village (VVL)
Lot Size Area12377
Source Lot Size Area404
LISTING UPDATED: 10/15/2024 08:43 PM
Property Details for 12206 West Magnolia Boulevard
Status | Active |
---|---|
MLS # | 224004134VC |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.28 AC / 12,377 SF |
County | Los 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
Property History for 12206 West Magnolia Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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