12159 Magnolia Boulevard, Valley Village, CA 91607

About this property

Marketing package attached under DOCS. 5.35% Current Cap!!! Hard-to-Find Asset in the Much-Desired Valley Village Residential Area. Corner lot measuring approximately 10,500 square feet of space; Extra large owner's unit with 2 bedroom, 2 baths, private laundry room and 3 entrances with private patio; Owner's unit has huge family room with fireplace & sliding glass door out to patio formal dining room , 2nd fireplace in large living room. Central air, 2 car tandemparking; Extra large units totaling 8918 square feet, averaging 891 square feet per unit; Units are bright, featuring large private balconies; Fireplaces in some units; Six (6) out of 10 units have been fully-remodeled; Seismic retrofit completed; Copper plumbing-; New water heater; Laundry room renovated; Exterior of property partially repainted; Strong current rents with considerable upside.

Listing description from the April 2024 sale, as reported to CRMLS.

Sale history

$2,475,000

Sold April 2024 · listed $2,625,000, orig. $2,850,000, on market February 2024 · MLS #24356531 · Source: CRMLS

Listing Agent: Jeanette Monfared · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Alex Galuz · Keller Williams Realty Calabasas

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