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12235 Magnolia Boulevard, Valley Village, CA 91607

Local realty services provided by:CENTURY 21 Valley Properties
12235 Magnolia Boulevard,Valley Village, CA 91607
$5,395,000
  • 15 Beds
  • 17 Baths
  • 18,805 sq. ft.
  • Multi-family
  • Active
Listed by: dario svidler, shaya braverman
Office: keller williams beverly hills
MLS#:25541295
Source:CRMLS

Price summary

  • Price:$5,395,000
  • Price per sq. ft.:$286.89

About this home

PRICE REDUCED! We are pleased to offer a 17-unit apartment building, available for the first time since it was built just over 40 years ago. This exceptionally well-maintained asset sits on a double lot and features over 18,800 square feet of space, with mostly spacious 1-bedroom units. The building has been under the continuous ownership and care of the original developer, reflecting true pride of ownership. Importantly, the building carries a Certificate of Occupancy from 1984, meaning it is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). This exemption offers investors meaningful flexibility in managing turnover and achieving market rents. Operating at a 5.60% CAP, this property offers a strong return relative to comparable assets in the Los Angeles multifamily market. Rents remain below market levels, providing immediate income along with clear, achievable upside. The large floor plans allow for rent premiums with minimal repositioning. Tenants

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Home facts

  • Year built:1983
  • Listing ID #:25541295
  • Added:207 day(s) ago
  • Updated:December 06, 2025 at 11:37 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:17
  • Living area:18,805 sq. ft.

Structure and exterior

  • Year built:1983
  • Building area:18,805 sq. ft.
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$5,395,000
  • Price per sq. ft.:$286.89
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 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, 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.

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