Six-Unit Apartment Building with
For Sale
$1,289,000
12036 Magnolia Blvd, Valley Village, CA 91607
Residential Income, Valley Village, CA
Property Size2,685 SF
Lot Size0.16 Acres
Price / SF$480.07
Days on Market106
Property Features for 12036 Magnolia Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Bathrooms
6
Full bathrooms
1
Rooms
Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 4
Parking
10
Parking features
Gated, Garage, Driveway
Directions
Laurel Canyon and Magnolia
Subdivision
Valley Village
Standard status
Active
APN
2355-008-024
Size
2,685 SF
Lot size
0.16 Acres
Utilities
Cooling system
Heat Pump, Wall Unit(s)
Building Details
Year built
1950
Floors in Building
2
Number of units
6
Listing Agency:
Keller Williams Studio City · Keller Williams Realty
(818) 432-1500
Listed By:
Alex Galuz · License #01291486
(310) 466-0888
Added: Jun 30
Changed: Oct 12
Last Checked: Oct 13 at 1:06PM
MLS# 26854147
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This six-unit apartment property contains six one-bedroom residences, each with front and rear entrances. The 2,685-square-foot building was constructed in 1950 and has updated kitchens, bathrooms, and flooring. A new roof is covered by a transferable warranty, and the electrical service and subpanels have been updated. Cooling is provided by heat pump and wall-unit systems.
The 0.1566-acre site includes six parking spaces and two large garages. The property is zoned LAR3. The garages are identified as potential ADU conversion space; no conversion is represented as completed.
The 0.1566-acre site includes six parking spaces and two large garages. The property is zoned LAR3. The garages are identified as potential ADU conversion space; no conversion is represented as completed.
Key Highlights
- Six one‑bedroom units in a 2,685‑square‑foot building
- 0.1566‑acre site with six parking spaces and two garages
- New roof with transferable warranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,204
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,080
$864.1K
Cap Rate 7%
$617,200
$617.2K
Cap Rate 9%
$480,044
$480.0K
Market Conditions
NOI Build-Up for 2,685 SF
Gross rent
$85.4K $31.80/SF
− Vacancy
−$6.8K −$2.54/SF
EGI
$78.6K $29.26/SF
− OpEx
−$35.3K −$13.17/SF
NOI
$43.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,080
Cap Rate 7%
$617,200
Cap Rate 9%
$480,044
Alternative Uses
Best Use
Apartment 5plus
$617.2K
$540.1K – $720.1K
NOI $43,204 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,628 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 91607, CA
30,502
Population
14,597
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
12,201
Density / Sq Mi
$84,925
Median Household Income
$50,970
Median Earnings
$1,998
Median Rent
$1,019,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Updated one-bedroom residences have separate front and rear entrances, with gated parking serving the units.
Where is this apartment building located?
The property is located at 12036 Magnolia Blvd Valley Village, CA.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Six one‑bedroom units in a 2,685‑square‑foot building; 0.1566‑acre site with six parking spaces and two garages; New roof with transferable warranty
