12360 Magnolia Blvd

Estimated Monthly Payment: $24,169/mo 12360 Magnolia Blvd, Valley Village, CA 91607 MLS# 21-747924 Residential Income Listing Status: Active
24
12,062 sqft
45
0
0
0

REMARKS:

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%.

OVERVIEW:

Residential Income
Active
1952
0.39
12062
None
Other
Other
Other

FEATURES:

Other

ROOM INFO:

24

FINANCIAL:

$5,300,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Filip Niculete - Marcus & Millichap

 

 

 

The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. Real estate listings held by brokerage firms other than Forward Studio City, Keller Williams Realty are marked with the IDX logo.

 

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. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

 

Lifestyle, neighborhood, and school data ("Supplemental Data") is provided by the operator of this website as a convenience to users. This Supplemental Data is not provided or reviewed by Combined L.A./Westside MLS. The operator of this website updates the Supplemental Data from time to time, but it does not represent, warrant or otherwise promise that the Supplemental Data is current, free from defects, or error-free. All Supplemental Data is provided AS IS with all faults. Users are encouraged to consult their own data sources to confirm the accuracy of all Supplemental Data before using the Supplemental Data as a basis for any decision. Complete list of data sources.

 

Data last updated: 07/27/2021