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.
AGENT: Armen Arakelyan LISTING BROKERAGE: HK Realty
Courtesy of HK Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 12206 Magnolia BL
Valley Village, CA
Property Details
Price:
$3,200,000
MLS #:
GD26066601
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699notdefined
Listed Date:
Mar 27, 2026
Total Sq Ft:
9,734
Lot Size:
12,377 sqft / 0.28 acres (approx)
Year Built:
1964
699 – Not Defined699notdefined
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Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
AR
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW
Parking Spots
10
Parking Total
10
Financial
Net Operating Income
$211,110
Map
Community
- Address12206 Magnolia BL Valley Village CA
- CityValley Village
- CountyLos Angeles
- Zip Code91607
