12360 MAGNOLIA BOULEVARD, VALLEY VILLAGE, CA 91607

  • 12,062 sqft
  • Lot Size: 16,912 sqft
  • Built in 1952
  • MLS #18376106
For Sale $4,000,000

Description

Much Desired Valley Village Investment Market. Prime Asset Offering Considerable Current Cash Flow with Future Development Potential. Two Separate and Adjoining Parcels Totaling Approximately 17000 Square Feet of Land. Two Six- Unit Buildings Consisting of 10 Two-Bedroom/One-Bath Units and Two Two-Bedroom/Two-Bath Townhouses. Seven Units Fully remodeled with Distinctive Interior Appointments. Large Unit Sizes 12,062 Square Feet of Improvements in 12 Units.Townhouses Open to Lush Private and Gated Gardens on Magnolia Boulevard. Each Apartment Features Two Entrances and Two Balconies. Each 6-Unit Building offers a Separate Laundry Room Operated by Current Ownership. Recent Improvements include Installation of New Sewer Lines, re pavement of common areas,Separate Water Heaters in most units, Upgraded Plumbing systems. Rare Investment Opportunity

FACTS / FEATURES

  • Built in 1952
  • Lot Size: 16,912 sqft
  • Cooling: Wall Window

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Listing Provided by Jeanette Monfared, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of March 19, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.