12206 Magnolia Blvd - Apartments FOR SALE


Valley Village, CA 91607
$2,850,000 USD
805-405-6006
12206 Magnolia Blvd, Valley Village, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

12206 Magnolia Blvd
Valley Village, CA 91607


OVERVIEW

Prime Valley Village Multifamily Opportunity Discover 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

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

10

PRICE/UNIT

$285,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,371 SF

ZONING

LAR3

APN/PARCEL ID

2356-016-023

ASK ABOUT THIS PROPERTY

Jason VollmerBeverly and CompanyMore Info
805-405-6006

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Jason VollmerBeverly and CompanyMore Info
805-405-6006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.