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12036 Magnolia Blvd, Valley Village, CA, 91607

--beds
6baths
2,685sqft
$1,295,000
$482price/sqft
$8,069/moest. monthly cost
$322,760/yrincome needed

About This Home

Price Reduced ! Incredibly Charming 6 unit building in Prime Valley Village on large lot with ample parking and inviting yard. These one bedroom units feel like little homes as they have front and rear entrances that lead to a private gated parking area. This building is extremely well cared for and has a brand new roof with transferable warranty, updated electric and sub panels. The units are nicely updated with newer kitchens, baths and floors. There are 6 parking spots plus two large garages that can easily be converted to two ADUs.This is a fantastic price point to own 6 units and have the ability to add ADUs and still have 6 parking spots . The rents are not at market leaving even more room for future upside value. Easy to manage and very low maintenance headaches.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

7/10

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven

Bedrooms & Bathrooms

  • Bathrooms: 6

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Heat Pump,Wall Unit(s)

Interior Area

  • Total structure area: 2,685
  • Total interior livable area: 2,685 sqft

Property

Details

  • Parcel number: 2355008024
  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 6,821 sqft

Parking

  • Total spaces: 10
  • Parking features: Attached,Garage - 4+ Car,Gated,Driveway Gate
  • Has garage: Yes
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6