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12206 Magnolia Boulevard, Valley Village, CA 91607

Property · 2 recorded sales since 2018

12206 Magnolia Boulevard, Valley Village, CA 91607 Sold January 2025 CRMLS
$2,625,000Sold January 2025

Listing Agent: Jason Vollmer (DRE #01947472) · Listing Office: Beverly and Company Inc. · Contact: (805) 870-8448 · Bought with: Armen Arakelyan · HK Realty · MLS #224004134 · Source: CRMLS

16
Bedrooms
17
Bathrooms
9,734
Sq Ft
12,377 sqft
Lot Size
1964
Year Built
Property
Type
2
Stories
10
Garage
CentralAir
Cooling
ForcedAir
Heating

About this property

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

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$2,625,000
Sold January 2025 · listed $2,850,000, on market October 2024 · MLS #224004134 · Source: CRMLS
Listing Agent: Jason Vollmer · Listing Office: Beverly and Company Inc. · Contact: (805) 870-8448 · Bought with: Armen Arakelyan · HK Realty
$3,120,000
Sold June 2018 · listed $3,400,000, on market February 2018 · MLS #SR18047083 · Source: CRMLS
Listing Agent: Harvey Goldsmith · Listing Office: Harvey Realty · Contact: 818-348-4481 · Bought with: Hirsch Sherman · Keller Williams Realty Calabasas
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