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10-Unit Apartment Building
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12206 Magnolia Boulevard, Valley Village, CA 91607

Two-story property with central air and heating, covered parking, and a varied unit mix.

Property SizeContact for details
Days on Market159

Property Features for 12206 Magnolia Boulevard

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Multifamily
Zoning Assessor

Units

Unit Mix 6 x 2BR/2BA, 3 x 1BR/1BA, 1 x 1BR/2BA
Multifamily Units 10

Amenities

private patios or balconies

Building Details

Year Built 1964
Buildings 1
Stories 2
Units 10
Listing Agency: HK Realty
Listed By: Armen Arakelyan · License #02137229
Source: Crexi
Added: Mar 25 Changed: Aug 30 Last Checked: Aug 30 at 11:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HK Realty

Investment Insights

Based on property information with market context.

This two-story apartment property, built in 1964, contains 10 units with a varied residential configuration. The mix includes six 2-bedroom/2-bath residences, three 1-bedroom/1-bath residences, and one 1-bedroom/2-bath residence. Many units offer private patios or balconies, while several have been updated. Central air and heating serve the building, which also provides 10 covered parking spaces.

City plans call for 2 ADU units of approximately 700 square feet each, configured with 2 beds and 2 baths above existing covered parking spaces; the source information states these will be available in April. The property is near Universal Studios, CBS, NBC, the NoHo Arts District, NoHo West, and dining and retail options in the surrounding area.

Key Highlights

  • 10‑unit apartment property built in 1964
  • Unit mix includes six 2‑bedroom/2‑bath, three 1‑bedroom/1‑bath, and one 1‑bedroom/2‑bath units
  • 2 ADU units planned, approximately 700 square feet each, with 2 beds and 2 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Furniture & Home Goods Parking Lot & Garage (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,128
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with central air and heating, covered parking, and a varied unit mix.
Where is this apartment building located?
The property is located at 12206 Magnolia Boulevard Valley Village, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 10‑unit apartment property built in 1964; Unit mix includes six 2‑bedroom/2‑bath, three 1‑bedroom/1‑bath, and one 1‑bedroom/2‑bath units; 2 ADU units planned, approximately 700 square feet each, with 2 beds and 2 baths
More about this property
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