12360 Magnolia Blvd

Valley Village, CA, 91607

$5,300,000

$439 per ft²
$5,300,000
$439 per ft²
Active
Active
 - For Sale
beds
24 Beds
baths
14 Baths
carpenters-square
12,062 ft²
property_type
Multi-family
calendar
Built 1952
We are pleased to present this 12-unit multifamily offering located at 12360-12364 Magnolia Blvd in Valley Village, CA. Built in 1952, this recently renovated multifamily property sits on a 16,912 SqFt Lot (0.38 Acres), and it has a total building size of 12,062 SqFt and an excellent unit mix with all large 2-Bed units, with the average unit size being over 1,000 SqFt.Over the past 3 years, the Seller has spent a significant amount of money on interior and exterior renovations. In total, the Seller pulled and finalized 19 different permits with the city since mid-2018 for electrical, plumbing, HVAC, and general building repairs. For a list of these permits, please give us a call or email.This offering is ideal for the value-add investor who wants to own a very well-located Valley Village property with the potential to increase the rental income by nearly 20%.
MLS® ID:
21-747924
Updated:
5/23/22

Interior Features

Total Bedrooms
24
Total Bathrooms
14
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
0.39 acres lot

Other Property Details

Attached Garage
No
Parking
Other
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

 

Courtesy of Filip Niculete, Marcus & Millichap

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ken Sisson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/23/22

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