12235 Magnolia Boulevard, Valley Village, CA 91607

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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12235 Magnolia Boulevard,Valley Village, CA 91607
$5,495,000
  • 15 Beds
  • 17 Baths
  • 18,805 sq. ft.
  • Multi-family
  • Active
Listed by:dario svidler
Office:keller williams beverly hills
MLS#:25541295
Source:CRMLS

Price summary

  • Price:$5,495,000
  • Price per sq. ft.:$292.21

About this home

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 5.48% 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 benefit from 24

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Home facts

  • Year built:1983
  • Listing Id #:25541295
  • Added:89 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

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:$5,495,000
  • Price per sq. ft.:$292.21
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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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