R
Seller's Agent in 2021
Rosanne Covy
Skyhill Properties
(818) 906-9738
1 in this area
6 Total Sales
12260 W Magnolia Blvd Los Angeles, CA 91607
Valley Village Neighborhood
8
Beds
7
Baths
5,136
Sq Ft
5,061
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Neighborhood Views
- North Hollywood Senior High School Rated A
- Corner Lot
- Wood Frame Window
About This Home
As of January 2021REDUCED!!! IMPROVED GM and CAP!!! A TRUE CLASSIC…Timeless 1950’S 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 that’s 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 two enclosed double garages at the rear of the building with alley access. Four of the six units have been remodeled with a combo of 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.
Last Agent to Sell the Property
Skyhill Properties License #00816752 Listed on: 09/10/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 5,061 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Corner Lot
- Level Lot
- Sprinkler System
Parking
- 6 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Property Attached
- Turnkey
- Brick Exterior Construction
- Raised Foundation
- Shingle Roof
- Asphalt Roof
- Vertical Siding
- Stucco
Interior Spaces
- 5,136 Sq Ft Home
- 2-Story Property
- Awning
- Wood Frame Window
- Neighborhood Views
Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Accessible Home Design
- No Interior Steps
- Low Pile Carpeting
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 1
- Tax Tract Number 10090
- Assessor Parcel Number 2356016001
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,143
- Gardener Expense $1,800
- Insurance Expense $3,329
- Trash Expense $2,631
- Water Sewer Expense $4,257
- New Taxes Expense $23,125
- Operating Expense $37,065
- Gross Income $107,400
- Net Operating Income $67,113
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2021 01/20/21 | Sold | $1,625,000 | -9.5% | $316 / Sq Ft |
| 12/15/2020 12/15/20 | Pending | -- | -- | -- |
| 09/28/2020 09/28/20 | Price Changed | $1,795,000 | -5.5% | $349 / Sq Ft |
| 09/10/2020 09/10/20 | For Sale | $1,900,000 | -- | $370 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,777 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20186025
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