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12206 Magnolia Blvd, Valley Village, CA 91607

Sale Price: $2,625,000
Oct 2, 20249,734 sqft16 beds17 baths
Listed by: Jason Vollmer
License #: 01947472
Phone #: (805) 405-6006
Beverly and Company Inc.
Source:
CRMLS Logo
MLS #: 224004134

Property Description

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
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$38,883

TurboHome Estimated Value

$2,721,100

$280 sqft

High Valuation
$2,857,155
$294/sqft
Normal Valuation
$2,721,100
$280/sqft
Low Valuation
$2,585,045
$266/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$280/sqft$2,721,100

Neighborhood: Valley Village

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Comparative Value

$2.63M

$2.85M

12206 Magnolia Blvd, Valley Village, CA 91607

Sale Price: $2,625,000

Selected Comparable

12206 Magnolia Blvd, Valley Village, CA 91607

List Price: $2,850,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
12206 Magnolia Blvd, Valley Village, CA 91607

12206 Magnolia Blvd, Valley Village, CA 91607

List: $2,850,000

Listed: 10/2/2024

Area:9,734 sqft
Price/sqft:$293
Beds:16
Baths:17
Year Built:
Lot Size:12,377

Comparable Properties

COMPARABLE
Choose comps
12206 Magnolia Blvd, Valley Village, CA 91607

12206 Magnolia Blvd, Valley Village, CA 91607

Sale: $2,625,000

1/1/20250.00 mi

Area:9,734 sqft
Price/sqft:$270
Beds:16
Baths:17
Year Built:
Weight:100.0%

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