Skip To Content

12159 Magnolia Boulevard

Valley Village, CA 91607
  • $2,850,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 24356531
$2,850,000
  • 12
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,918
    SQFT
  • $320
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Jeanette Monfared of Marcus & Millichap (818-212-2700)


Description

SELLER MAY CARRY A FIRST TRUST DEED. Marketing package attached under DOCS. Hard-to-Find Asset in the Much-Desired Valley Village Residential Area. Corner lot measuring approximately 10,500 square feet of space; Extra large owner's unit with 2 bedroom, 2 baths, private laundry room and 3 entrances with private patio; Owner's unit has huge family room with fireplace & sliding glass door out to patio formal dining room , 2nd fireplace in large living room. Central air, 2 car tandemparking; Extra large units totaling 8918 square feet, averaging 891 square feet per unit; Units are bright, featuring large private balconies; Fireplaces in some units; Six (6) out of 10 units have been fully-remodeled; Seismic retrofit completed; Copper plumbing-; New water heater; Laundry room renovated; Exterior of property partially repainted; Strong current rents with considerable upside.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/147407337
Print Image

12159 Magnolia Boulevard Valley Village, CA 91607

  • Price: $2,850,000
  • Status: Active
  • On Site: 23 Days
  • ID#: 24356531
12
Beds
0
Baths
0
½ Baths
0.24
Acres
8,918
SQFT
$320
$/SQFT
1960
Built
Neighborhood:
VVL - Valley Village
County:
Los Angeles
Area:
VVL - Valley Village
Property Description
SELLER MAY CARRY A FIRST TRUST DEED. Marketing package attached under DOCS. Hard-to-Find Asset in the Much-Desired Valley Village Residential Area. Corner lot measuring approximately 10,500 square feet of space; Extra large owner's unit with 2 bedroom, 2 baths, private laundry room and 3 entrances with private patio; Owner's unit has huge family room with fireplace & sliding glass door out to patio formal dining room , 2nd fireplace in large living room. Central air, 2 car tandemparking; Extra large units totaling 8918 square feet, averaging 891 square feet per unit; Units are bright, featuring large private balconies; Fireplaces in some units; Six (6) out of 10 units have been fully-remodeled; Seismic retrofit completed; Copper plumbing-; New water heater; Laundry room renovated; Exterior of property partially repainted; Strong current rents with considerable upside.
Exterior Features

Attached Garage YN Yes Parking Total 12

Interior Features

Cooling Central AirWall/Window Unit(s) Cooling YN Yes Heating CentralWall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.73 Gross Income 205288 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 134745 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372383794-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372383794-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372383794-2.jpg
Logo
Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Jeanette Monfared of Marcus & Millichap (818-212-2700)