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
Property Details
Price:
$2,850,000
MLS #:
224004134
Status:
Active Under Contract
Baths:
0
Address:
12206 Magnolia Boulevard
Type:
Residential Income
Neighborhood:
vvlvalleyvillage
City:
Valley Village
Listed Date:
Oct 2, 2024
State:
CA
ZIP:
91607
Lot Size:
12,377 sqft / 0.28 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Water Heater
Cooling
Central Air
Flooring
Wood
Heating
Forced Air
Exterior
Garage Spaces
10.00
Green Energy Efficient
Water Heater
Lot Features
Park Nearby, Paved
Parking Features
Covered, Carport
Parking Spots
10.00
Stories Total
2
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address12206 Magnolia Boulevard Valley Village CA
- AreaVVL – Valley Village
- CityValley Village
- CountyLos Angeles
- Zip Code91607
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Courtesy of Beverly and Company Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
12206 Magnolia Boulevard
Valley Village, CA
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