12206 Magnolia Blvd
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12206 Magnolia Blvd
10 Unit Apartment Building $2,850,000 ($285,000/Unit) Valley Village, CA 91607
Executive Summary
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
Property Facts
| Price | $2,850,000 | Building Class | C |
| Price Per Unit | $285,000 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 9,734 SF |
| Gross Rent Multiplier | 12.9 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.03/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,850,000 |
| Price Per Unit | $285,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 12.9 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 9,734 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.03/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 1+2 | 1 | - | - |
| 2+2 | 6 | - | 1,000 |
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Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 2356-016-023 | Improvements Assessment | $1,404,582 |
| Land Assessment | $2,106,876 | Total Assessment | $3,511,458 |
PROPERTY TAXES
Parcel Number
2356-016-023
Land Assessment
$2,106,876
Improvements Assessment
$1,404,582
Total Assessment
$3,511,458
zoning
| Zoning Code | LAR3 (Multiple Dwellling) |
| LAR3 (Multiple Dwellling) |
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Beverly and Company
12206 Magnolia Blvd
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