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    12260 Magnolia Boulevard

    Valley Village, CA 91607
    • $1,900,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: SR20186025
    UPDATED: 51 min ago
    $1,900,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,136
      SQFT
    • $370
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    A TRUE CLASSICTimeless 1950S Traditional design! The exterior features Vertical Wood siding in a contrasting color, Used Brick trim from under the front window boxes covering the foundation then wraps the front and transforms into a used brick vintage lamp post. Building and landscape are beautifully maintained. Prime location on a corner lot thats that leads to the most incredible Valley Village neighborhood of all custom homes on mostly oversized lots. Hard to find 6 unit, 2 story building with (4) 1 bedroom units, (1) 2 bedroom/1 bath and a 2 bedroom/2 bath "Owner's Unit" Townhouse. There are three enclosed double garages at the rear of the building with alley access. Four of the six units have been remodeled with new flooring, cabinets, finishes and fixtures. Rarely does an opportunity like this come up in this area of Valley Village, where there's such a high demand for rentals. Less than 2 blocks to transportation, commercial, restaurants (Harvest Moon & Joe Peeps!) and boutiques, shopping, along with easy access to the Valley Village Park - 78 WALKING SCORE!, Hollywood and Ventura freeways.

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    Based on information from CRISNet MLS as of 2020-09-20T19:55:57.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-20T19:55:57.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109904393
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    12260 Magnolia Boulevard Valley Village, CA 91607

    • Price: $1,900,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: SR20186025
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    5,136
    SQFT
    $370
    $/SQFT
    1953
    Built
    Neighborhood:
    Vvl - Valley Village
    County:
    Los Angeles
    Area:
    Vvl - Valley Village
    Property Description
    A TRUE CLASSICTimeless 1950S Traditional design! The exterior features Vertical Wood siding in a contrasting color, Used Brick trim from under the front window boxes covering the foundation then wraps the front and transforms into a used brick vintage lamp post. Building and landscape are beautifully maintained. Prime location on a corner lot thats that leads to the most incredible Valley Village neighborhood of all custom homes on mostly oversized lots. Hard to find 6 unit, 2 story building with (4) 1 bedroom units, (1) 2 bedroom/1 bath and a 2 bedroom/2 bath "Owner's Unit" Townhouse. There are three enclosed double garages at the rear of the building with alley access. Four of the six units have been remodeled with new flooring, cabinets, finishes and fixtures. Rarely does an opportunity like this come up in this area of Valley Village, where there's such a high demand for rentals. Less than 2 blocks to transportation, commercial, restaurants (Harvest Moon & Joe Peeps!) and boutiques, shopping, along with easy access to the Valley Village Park - 78 WALKING SCORE!, Hollywood and Ventura freeways.
    Exterior Features

    Architectural Style Traditional Construction Materials Brick VeneerStuccoVertical Siding Entry Level 1 Entry Location 1 Exterior Features Awning(S) Fence YN No Fencing None Foundation Details Raised Levels Two Lot Features Corner LotLandscapedLevel With StreetSprinkler System Lot Size Area 5061.0000 Parking Features Assigned Parking Total 6.00 Parking YN Yes Road Frontage Type City Street Road Surface Type Paved Roof AsphaltShingle View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherDisposalGas Range Appliances YN Yes Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Flooring CarpetLaminateTileWood Heating Wall Furnace Heating YN Yes Laundry Features Individual Room Laundry YN Yes Window Features Wood Frames

    Property Features

    Accessibility Features Low Pile CarpetingNo Interior Steps Additional Parcels YN No Community Features CurbsSidewalks Electric Electricity - On Property Electric Expense 2000.00 Exclusions None Gardener Expense 1800.00 Gross Income 107400.00 Gross Operating Income 107400.00 Gross Scheduled Income 107400.00 Inclusions N/A Insurance Expense 6500.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 360.00 Net Operating Income 91069.00 New Construction YN No New Taxes Expense 23750.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 16331.00 Operating Expense Percent 15.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Property Condition Turnkey Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 16331.00 Trash Expense 2631.00 Water Sewer Expense 3400.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Rosanne Covy, CA DRE# 00816752, of Skyhill Properties.


    Based on information from CRISNet MLS as of 2020-09-20T19:55:57.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-20T19:55:57.803. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355