12036 Magnolia Blvd - Apartments FOR SALE


Valley Village, CA 91607
$1,349,000 USD
310-466-0888
12036 Magnolia Blvd, Valley Village, CA for Sale
$1,349,000 USD
Apartments - FOR SALE
1/18
null | 4.76% Cap Rate

12036 Magnolia Blvd
Valley Village, CA 91607


HIGHLIGHTS

  • 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.
  • The rents are not at market leaving even more room for future upside value.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

6

PRICE/UNIT

$224,833

CAP RATE

4.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,821 SF

ZONING

LAR3

APN/PARCEL ID

2355-008-024

ASK ABOUT THIS PROPERTY

Alex GaluzKW CommercialMore Info
310-466-0888

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Alex GaluzKW CommercialMore Info
310-466-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.