$1,355,000
SOLD DEC 17, 2024

12032 Magnolia Blvd Valley Village, CA 91607

Valley Village Neighborhood
6 Beds
5 Baths
3,670 Sq Ft
6,822 Sq Ft Lot

Recently Sold

$369 Per Sq Ft

13% Above List Price

24 Days on Market

About This Home

As of December 2024

12032 Magnolia Blvd offers five units ideally located in Valley Village, CA near a wide array of shopping, dining, and entertainment options. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent to Studio City and North Hollywood. The property sits on 6,820 SF of land with 3,670 SF of rentable space consisting of Two - 2BR/1BA Units, and Three 1BR/1BAUnits. The property sits on 6,820 SF of land with 3,670 SF of rentable space consisting of One - 2BR/1BA Units, and Four 1BR/1BA Units. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset with over 26% upside.

Last Agent to Sell the Property

Nathan Shaolian

Kidder Mathews of California, Inc. License #02074836 Listed on: 09/16/2024

Co-Listed By

David Saghian

Lyon Stahl Investment Real Estate, Inc. License #01992252

Last Buyer's Agent

Soorage Tomasian

License #00857185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • 3,670 Sq Ft Home
  • Split Level Home

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Detached Carport Space

Additional Features

  • 6,822 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2355-008-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3670
  • Lot Acreage: 0.1566
  • Year Built: 1950
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 326.98

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Percent: 33.01
  • Assessed Improvement Value: 392549
  • Assessed Land Percent: 66.99
  • Assessed Land Value: 796478
  • Total Assessed Value: 1189027
  • Assessor Parcel Number: 2355-008-025
  • Lot Size Area: 6822

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.25
  • Number Of Units: 5
  • Total Annual Expense: 38122
  • Type Of Units: Apartments
  • Vacancy Rate: 0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Rent $2,350 0.0% --
12/17/2024 12/17/24 Sold $1,355,000 +12.9% $369 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $1,200,000 +14.8% $327 / Sq Ft
07/29/2015 07/29/15 Sold $1,045,000 -5.0% $285 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $1,100,000 +35.8% $300 / Sq Ft
03/27/2014 03/27/14 Sold $810,000 -25.3% $221 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,085,000 -- $296 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nathan Shaolian

    Seller's Agent in 2024

    Nathan Shaolian

    Kidder Mathews of California, Inc.

    (818) 642-4123

    1 in this area

    5 Total Sales

    Nathan Shaolian
    Section Image
  • David Saghian

    Seller Co-Listing Agent in 2024

    David Saghian

    Lyon Stahl Investment Real Estate, Inc.

    (818) 231-5540

    3 in this area

    14 Total Sales

    David Saghian
    Section Image

  • S

    Buyer's Agent in 2024

    Soorage Tomasian

  • Randy Baez

    Seller's Agent in 2015

    Randy Baez

    Port City Realty, Inc.

    (888) 763-7678

    4 Total Sales

    Randy Baez
    Section Image

  • G

    Buyer's Agent in 2015

    Greg Trotter

  • LoriLee King

    Seller's Agent in 2014

    LoriLee King

    Ramsey-Shilling Assoc.

    (818) 402-4175

    3 in this area

    56 Total Sales

    LoriLee King
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-440513

The MLS

California Los Angeles County Valley Village 91607 Valley Village

12032 Magnolia Blvd, Valley Village, CA

This home is located at 12032 Magnolia Blvd, Valley Village, CA 91607 and is currently priced at $1,355,000, approximately $369 per square foot. This property was built in 1950. 12032 Magnolia Blvd is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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