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$1,349,000   Price Analysis
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12036 Magnolia Blvd
Valley Village, CA 91607
0 bed 6 bath 2,685 SqFt ($502/SqFt)
6,823SqFt lot. Built 1950
Listed 2024-06-27, Taxes $11,672
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Wonderful Valley Village apartment building near Laurel Canyon and Magnolia.

Extremely central and well kept. All the units are large Studio apartments with full kitchens and ample parking feeling like small cttages with lovely front green lawns and shady trees. The rents are not at their heights and have ample rental upside. Average rents are $1325 and the market rents here are $1650.

Centrally located moments from CBS, NBC, Universal, Disney and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega- complex. The electric sub - panels have all been upgraded as well as the seismic retrofit work. There is also room in the rear to add ADUs . Easy to manage.


Presented by Alex Galuz at
Keller Williams Realty Calabasas.


Property MLS #24-409167 from TheMLSCLAW

Bedrooms: 0

Total Bathrooms: 6
Full Bathrooms: 6

Cooling Features: Window Unit(s), Wall/Window
Heating Features: Wall

Covered Spaces: 2
Garage Spaces: 2
Garage Description: Garage Is Attached, Assigned, Private
Parking Total: 6

Lot Size Acres: 0.1566345
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6823

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 6
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 1650

Source Listing Status: Active
County: Los Angeles
Cross Street: Laurel Canyon and Magnolia
Cap Rate: 4.57
Directions: Laurel Canyon and Magnolia
Source Property Type: Residential Income
Area: Valley Village
Source Neighborhood: Valley Village
Parcel Number: 2355-008-024
Postal Code Plus 4: 2718
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$249,154 + $679,515
$928,669
$11,672
2021$244,269 + $666,192
$910,461
$11,528
2020$241,765 + $659,362
$901,127
$11,639
2019$237,025 + $646,434
$883,459
$11,199
2018$232,378 + $633,759
$866,137
$11,079
2017$227,822 + $621,333
$849,155
$10,801
2016$223,355 + $609,150
$832,505
$10,553
2015$407,992 + $316,193
$724,185
$9,263
2014$150,343 + $121,354
$271,697
$3,986
2013$149,664 + $120,806
$270,470
$3,976
2012$146,730 + $118,438
$265,168
$4,024
2010$143,853 + $116,116
$259,969
$3,863
2009$143,118 + $115,523
$258,641
$3,736
2009$142,778 + $115,249
$258,027
$3,736
2008$140,312 + $113,258
$253,570
$3,597
2007$137,561 + $111,038
$248,599
$3,495

Listed 2024-06-27
$1,349,000
TheMLSCLAW
Sold 2015-11-17
$710,000
CRISNET
Sold 2015-04-03
$820,000
Public Record
Listing removed 2015-04-03
$850,000
TheMLSCLAW
Listed 2014-12-12
$850,000
TheMLSCLAW
Sold 2014-03-27
$710,000
Public Record
Relisted 2014-03-10
$960,000
CRISNET
Listing removed 2014-02-21
$960,000
CRISNET
Price Changed 2014-01-17
$960,000
CRISNET
Listed 2013-09-09
$985,000
CRISNET
Sold 1979-06-13
$150,000
Public Record

Net Operating Income: 61717

Total Square Feet Living: 2685
Year Built: 1950
Direction Faces: North
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 74
House Style: California Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: California Bungalow

North Hollywood Senior High School is a public high school located approximately 0.4 miles away.
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Colfax Charter Elementary School is a public elementary school located approximately 0.5 miles away.
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Walter Reed Middle School is a public middle school located approximately 1 miles away.
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Country School, The is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.