10455 Magnolia Boulevard, North Hollywood, CA 91601

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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

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Home facts

  • Year built:2016
  • Listing ID #:25604039
  • Added:90 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Rooms and interior

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

Heating and cooling

  • Heating:Central Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of January 8, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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