12206 Magnolia Blvd Valley Village, CA 91607-2631
Property profile & analytics
12206 Magnolia Blvd Valley Village, CA 91607-2631
- Apartment buildings
- 9,734 SF
- 0.28 lot acres
Property ID
US09-6513635
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 12206 Magnolia Blvd
- Year built
- 1964
- Construction
- WOOD
- Lot size
- 0.28 lot acres
- Property size
- 9,734 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 2356-016-023
- APU
- 2356016023
Description
Prime Valley Village location presents a compelling value-add multifamily investment opportunity. This meticulously maintained two-story building, constructed in 1964, comprises ten units: six spacious two-bedroom/two-bathroom units, three one-bedroom/one-bathroom units, and one unique one-bedroom/two-bathroom unit. Many units boast private patios or balconies. The property features a completed seismic retrofit and newer water heaters, showcasing pride of ownership. Central air and heating are installed throughout, complemented by ten covered parking spaces—one per unit. The 9,734 square foot building sits on a quiet, tree-lined street and enjoys 100% occupancy. Recent upgrades to select units enhance their appeal to modern renters. Its strategic location near major employers like Universal Studios, CBS, and NBC, along with proximity to the NoHo Arts District and NoHo West, ensures consistent rental demand. The property is zoned LAR3 and offers a compelling price per square foot of $292, with a land value of $230 per square foot. The asking price is $2,850,000, or $285,000 per unit. This represents a rare chance to acquire a clean, quiet, and centrally located income-generating asset in a highly sought-after Valley neighborhood. The APN is 2356016023. The address is 12206 Magnolia Blvd, Los Angeles, CA 91607.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,610,000
- 6.5%
- $2,410,000
- 7%
- $2,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,295,000
Market price range: $1.57M - $3.30M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,485,000 Current use
- COMMERCIAL (GENERAL)
- $4,565,000 Change: +84% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $4,455,000 Change: +80% Conversion: Difficult
- MEDICAL BUILDING
- $4,425,000 Change: +78% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Valley Village
- County
- Los Angeles
- State
- California
- Longitude
- -118.399
- Latitude
- 34.1645
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$43,980
$2,106,876
$1,409,432
$3,516,308
-
$0.00
$0.00
$0.00
