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Sold for $2,625,000
  • $2,625,000

    12206 Magnolia Blvd, Valley Village, CA 91607

    16beds
    9,734sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $3,136,100 Zestimate®
    $270/sqft
    $2,273 Estimated rent

    Home value

    $3,136,100

    $2.98M - $3.29M

    $2,273/mo

    Zestimate® history
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    $2,273/mo

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    $16,739/mo

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    $16,739/mo

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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Vollmer DRE #01947472 805-405-6006,

    Beverly and Company Inc.

    Bought with:

    Armen Arakelyan

    Source: CSMAOR,MLS#: 224004134MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 17
    • Full bathrooms: 17
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    • Laundry: Laundry Area
    Features
    • Other
    • Flooring: Wood/Wood Like, Other
    • Has fireplace: No
    Interior area
    • Total structure area: 9,734
    • Total interior livable area: 9,734 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Covered
    • Garage spaces: 10
    • Carport spaces: 10
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level w/Steps, Other
    • Patio & porch: Patio Open
    • Exterior features: Balcony
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 2356016023
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Stucco, Other
    • Foundation: Other
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Other, In Street
    Green energy
    • Energy efficient items: Water Heater

    Community & HOA

    Location
    • Region: Valley Village

    Financial & listing details

    • Price per square foot: $270/sqft
    • Date on market: 10/2/2024
    • Cumulative days on market: 91 days
    • Listing terms: Take Property As Is,Conventional,Cash,Other
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    1/1/2025Sold$2,625,000-7.9%$270/sqft
    Source: CSMAOR #224004134 Report a problem
    1/1/2025Pending sale$2,850,000$293/sqft
    Source: CSMAOR #224004134 Report a problem
    10/29/2024Contingent$2,850,000$293/sqft
    Source: CSMAOR #224004134 Report a problem
    10/2/2024Listed for sale$2,850,000$293/sqft
    Source: CSMAOR #224004134 Report a problem
    6/1/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/24/2021Price change$1,800-7.7%
    Source: Zillow Rental Manager Report a problem
    5/11/2021Listed for rent$1,950
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Valley Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,136,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,136,100