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12032 Magnolia Blvd, Valley Village, CA 91607

Sale Price: $1,355,000
Sep 16, 20243,670 sqft6 beds5 baths
Listed by: Nathan Shaolian
License #: 02074836
Phone #: 310-492-8411
Kidder Mathews of California, Inc.
Source:
CRMLS Logo
MLS #: 24440513

Property Description

12032 Magnolia Blvd offers five units ideally located in Valley Village, CA near a wide array of shopping, dining, and entertainment options. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent to Studio City and North Hollywood. The property sits on 6,820 SF of land with 3,670 SF of rentable space consisting of Two - 2BR/1BA Units, and Three 1BR/1BAUnits. The property sits on 6,820 SF of land with 3,670 SF of rentable space consisting of One - 2BR/1BA Units, and Four 1BR/1BA Units. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset with over 26% upside.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,496

TurboHome Estimated Value

$1,383,200

$377 sqft

High Valuation
$1,452,360
$396/sqft
Normal Valuation
$1,383,200
$377/sqft
Low Valuation
$1,314,040
$358/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$377/sqft$1,383,200

Neighborhood: Valley Village

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Comparative Value

$1.13M

$1.20M

$1.35M

$1.62M

$1.70M

$1.74M

12800 Oxnard St, North Hollywood, CA 91606

Sale Price: $1,125,000

Selected Comparable

12032 Magnolia Blvd, Valley Village, CA 91607

List Price: $1,200,000

Subject Property

12032 Magnolia Blvd, Valley Village, CA 91607

Sale Price: $1,355,000

Selected Comparable

4525 Coldwater Canyon Ave, Studio City, CA 91604

Sale Price: $1,620,000

Selected Comparable

5928 Troost Ave, North Hollywood, CA 91601

Sale Price: $1,699,000

Selected Comparable

5648 Gentry Ave, Valley Village, CA 91607

Sale Price: $1,735,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
12032 Magnolia Blvd, Valley Village, CA 91607

12032 Magnolia Blvd, Valley Village, CA 91607

List: $1,200,000

Listed: 9/16/2024

Area:3,670 sqft
Price/sqft:$327
Beds:6
Baths:5
Year Built:
Lot Size:6,822

Comparable Properties

COMPARABLE
Choose comps
12032 Magnolia Blvd, Valley Village, CA 91607

12032 Magnolia Blvd, Valley Village, CA 91607

Sale: $1,355,000

12/17/20240.00 mi

Area:3,670 sqft
Price/sqft:$369
Beds:6
Baths:5
Year Built:
Weight:24.9%
5648 Gentry Ave, Valley Village, CA 91607

5648 Gentry Ave, Valley Village, CA 91607

Sale: $1,735,000

4/25/20250.64 mi

Area:3,950 sqft
Price/sqft:$439
Beds:6
Baths:5
Year Built:
Weight:23.1%
12800 Oxnard St, North Hollywood, CA 91606

12800 Oxnard St, North Hollywood, CA 91606

Sale: $1,125,000

3/6/20251.36 mi

Area:3,240 sqft
Price/sqft:$347
Beds:6
Baths:6
Year Built:
Weight:18.0%
4525 Coldwater Canyon Ave, Studio City, CA 91604

4525 Coldwater Canyon Ave, Studio City, CA 91604

Sale: $1,620,000

4/16/20251.33 mi

Area:4,078 sqft
Price/sqft:$397
Beds:7
Baths:5
Year Built:
Weight:17.3%
5928 Troost Ave, North Hollywood, CA 91601

5928 Troost Ave, North Hollywood, CA 91601

Sale: $1,699,000

1/30/20251.09 mi

Area:2,939 sqft
Price/sqft:$578
Beds:6
Baths:6
Year Built:
Weight:16.6%

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