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12235 Magnolia Boulevard, Valley Village, CA 91607

Valley Village
Local realty services provided by:CENTURY 21 Lois Lauer Realty
12235 Magnolia Boulevard,Valley Village, CA 91607
$5,140,000
  • 15 Beds
  • 17 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: dario svidler, shaya braverman
Office: keller williams beverly hills
MLS#:25541295
Source:CRMLS

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Price summary

  • Price:$5,140,000

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:305 day(s) ago
  • Updated:March 23, 2026 at 06:11 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:17
  • Kitchen Description:Dishwasher, Microwave, Refrigerator

Structure and exterior

  • Year built:1983

Finances and disclosures

  • Price:$5,140,000

Features and amenities

  • Appliances:Dishwasher

Parking

  • Total parking spaces:24
  • Parking description:Covered, Garage, Private
  • Garage:Yes
  • Garage spaces:24
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