11700 W Magnolia Blvd | Valley Village, CA 91607
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- LoopNet Team
11700 W Magnolia Blvd
Valley Village, CA 91607
Magnolia Nineteen · Multifamily Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- A RARE OFFERING - Magnolia Nineteen, is one of only seven 5+ unit multifamily assets built in the Valley Village submarket in the last 10 years.
- BEST OF BOTH WORLDS LOCATION - The Property is less than 1-mile from the NoHo Arts District while also only steps from Studio City & Toluca Lake.
- A HIGHLY UNIQUE ASSET - Designed by the AIA 2022 Gold Medal Winner, and internationally renowned architecture firm Brooks + Scarpa
- EXCELLENT ACCESSIBILITY - Easy access to the 170, 101, 134, and 5 freeways put residents within a 30-minute commute of 2.7 million jobs
PROPERTY FACTS
| No. Units | 19 | Building Size | 21,522 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2021 |
| Building Class | A | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | LAC2 - General Commercial | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.37 AC |
| Building Size | 21,522 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | LAC2 - General Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Stainless Steel Appliances
- Walk-In Closets
- Patio
- Floor to Ceiling Windows
SITE AMENITIES
- Courtyard
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | - | 833 - 1,060 |
| 1+1.5 | 7 | - | 1,092 - 1,191 |
| 2+1.5 | 1 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 2355-005-066 | Improvements Assessment | $5,222,594 |
| Land Assessment | $2,929,885 | Total Assessment | $8,152,479 |
PROPERTY TAXES
Parcel Number
2355-005-066
Land Assessment
$2,929,885
Improvements Assessment
$5,222,594
Total Assessment
$8,152,479
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