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11840 Magnolia Boulevard

Valley Village, CA 91607
  • $979,979
  • STATUS: Active Under Contract
  • ON SITE: 119 Days
  • ID#: BB24192134
Under Contract
UPDATED: 54 min ago
$979,979
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): Bradley Korb of Brad Korb Real Estate Group (818-953-5300)


Description

Back on market! Previously sold with multiple offers over list price! Run, don't walk! Opportunity awaits in the heart of Valley Village with this prime 3-unit property! Featuring three 1 bedroom, 1 bathroom units, this gem has been owned by the same family for over 48 years. Each unit boasts hardwood floors and a charming dining area. The back unit offers a private patio for added outdoor enjoyment. With three 1-car garages and a long driveway, parking is never an issue. This is a rare find in an unbeatable location"perfect for investors or owner-occupants looking to capitalize on a highly sought-after area. Dont miss out on this exceptional opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/155378552
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11840 Magnolia Boulevard Valley Village, CA 91607

  • Price: $979,979
  • Status: Active Under Contract
  • On Site: 119 Days
  • Updated: 54 min ago
  • ID#: BB24192134
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1939
Built
Neighborhood:
VVL - Valley Village
County:
Los Angeles
Area:
VVL - Valley Village
Property Description
Back on market! Previously sold with multiple offers over list price! Run, don't walk! Opportunity awaits in the heart of Valley Village with this prime 3-unit property! Featuring three 1 bedroom, 1 bathroom units, this gem has been owned by the same family for over 48 years. Each unit boasts hardwood floors and a charming dining area. The back unit offers a private patio for added outdoor enjoyment. With three 1-car garages and a long driveway, parking is never an issue. This is a rare find in an unbeatable location"perfect for investors or owner-occupants looking to capitalize on a highly sought-after area. Dont miss out on this exceptional opportunity!
Exterior Features

Entry Level 1 Entry Location living room Lot Features Front Yard Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.34 Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 61905 Gross Scheduled Income 61905 Insurance Expense 2500 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 42527 New Construction YN No New Taxes Expense 13375 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 19378 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 3503 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Bradley Korb of Brad Korb Real Estate Group (818-953-5300)