Login

10455 Magnolia Boulevard, North Hollywood, CA 91601

Local realty services provided by:CENTURY 21 LOTUS
10455 Magnolia Boulevard,North Hollywood, CA 91601
$9,800,000
  • 35 Beds
  • 35 Baths
  • 23,644 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:25604039
Source:CRMLS

Price summary

  • Price:$9,800,000
  • Price per sq. ft.:$414.48

About this home

The Strohm Building at 10455 W Magnolia Blvd is a 2016-vintage, elevator-served, 26-unit asset with rooftop amenities in the heart of North Hollywood. Delivered with a March 17, 2016 CofO and fully sprinklered (NFPA-13), the property offers modern systems, in-unit laundry, and secured parkingchecks every "institutional" box while remaining a manageable, sub-30-unit scale. The asset is unencumbered by rent control or affordability covenants not subject to Los Angeles RSO and exempt from AB 1482 through 2031 allowing an investor to implement market-driven rent strategy without statutory caps. In-place rents are approximately 14% below market across a balanced mix of studios, one-bedroom with a den, and two-bedroom/two-bathroom plans, with the seller planning approximately 5% increases on eligible units prior to close. That creates an immediate NOI lift at acquisition and a clear, organic path to stabilization over upcoming lease turns. A straightforward ADU conversion of a portion of

Contact an agent

contact an agent

Yes, I would like more information from CENTURY 21®. Please use and/or share my information with an CENTURY 21 affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an CENTURY 21 affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2016
  • Listing ID #:25604039
  • Added:65 day(s) ago
  • Updated:December 06, 2025 at 11:37 AM

Rooms and interior

  • Bedrooms:35
  • Total bathrooms:35
  • Living area:23,644 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:2016
  • Building area:23,644 sq. ft.
  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$9,800,000
  • Price per sq. ft.:$414.48
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 LOTUS is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 LOTUS, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 10455 Magnolia Boulevard