Property Details
About this Property
An exceptional multifamily investment opportunity in the highly desirable Valley Village neighborhood. This well-kept 10-unit property is located on a quiet, tree-lined street and offers a strong unit mix with significant rental potential. The building includes six (6) spacious 2-bedroom/2-bath units, three (3) 1-bedroom/1-bath units, and one (1) unique 1-bedroom/2-bath unit, with many units featuring private patios or balconies ideal for enjoying the Southern California lifestyle. Built in 1964, the two-story property offers central air and heating, along with 10 covered parking spaces. Several units have been tastefully updated to meet modern rental demand. City plans to build 2 ADU, approximately 700 square feet each, 2 beds and 2 baths units above existing covered parking spaces will be available in April. Ideally situated near major employment hubs such as Universal Studios, CBS, and NBC, and just minutes from the NoHo Arts District, NoHo West, and a wide range of dining and retail options, this property benefits from consistent rental demand. A rare opportunity to acquire a well-maintained, centrally located income-producing asset in one of the Valley’s most sought-after areas.
MLS Listing Information
MLS #
CRGD26066601
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
12206 Magnolia Bld is a Residential Income in Valley Village, CA 91607. This – square foot property sits on a 12,377 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,200,000 and was built in 1964. This address can also be written as 12206 Magnolia Bld, Valley Village, CA 91607.
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This listing information is up-to-date as of March 28, 2026. For the most current information, please contact Armen Arakelyan, (818) 688-1919
