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$3,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 hours ago
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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.

Full Property Details for 12206 Magnolia Blvd

General

  • Price: $3,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: GD26066601
  • Updated: Today (3/27/2026)
  • Added to Site: Today

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Location

  • Area: 699 - Not Defined
  • County: Los Angeles
  • Development Name: 699 - Not Defined
  • Driving Directions: On Magnolia

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 10
  • # Electric Meters: 10

Structural Information

  • Entry Location: main
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 9,734
  • Year Built: 1964

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.2841
  • Lot Size (Sq. Ft.): 12,377
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $328.74
  • Price Per Unit: 320000

Listed by HK Realty, Armen Arakelyan

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Listing agent

— 12206 Magnolia Blvd —

  • Armen Arakelyan

    HK Realty

818-688-1919

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12206 Magnolia Blvd

School District:Los Angeles Unified School District
NameGradesDistance
Colfax Charter Elementary School
4935 Colfax Ave., Los Angeles, CA 91601
K-50.7 mi
Walter Reed Middle School
4525 Irvine Ave., Los Angeles, CA 91602
6-81.1 mi
North Hollywood Senior High School
5231 Colfax Ave., Los Angeles, CA 91601
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12206 Magnolia Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$3,200,000
21.9%
MLS
10/23/2024
Sold
$2,625,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12206 Magnolia Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,980
100%
$3,870,000
10%
2024
$21,961
-49%
$3,516,308
2%
2023
$43,144
5%
$3,447,457
2%
2022
$41,174
1%
$3,379,956
2%
2021
$40,650
—
$3,313,778
2%
2020
$40,711
4%
$3,250,897
2%
2019
$39,124
248%
$3,182,400
291%
2018
$11,250
2%
$814,109
2%
2017
$10,986
3%
$798,147
2%
2016
$10,644
1%
$782,498
2%
2015
$10,506
-1%
$770,745
2%
2014
$10,604
—
$755,648
—
2013
$10,605
—
$752,234
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 12206 Magnolia Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by HK Realty, Armen Arakelyan

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12206 Magnolia Boulevard, Valley Village, CA 91607 (MLS# GD26066601) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 12206 Magnolia Boulevard is currently listed for $3,200,000 and was received on March 27, 2026. Want to learn more about 12206 Magnolia Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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