$1,195,000

12001 Magnolia Boulevard

Valley Village CA, 91607

Description

We are pleased to present 12001 Magnolia Boulevard located in Valley Village, California. Current improvements consist of a 3 unit building totaling 2,154 square feet of rentable area. The Site is 6,094 square feet with an additional 1,120 square feet of an alley, zoned R3-1 with TOC Tier 3. With the relocation of tenants, a developer has the opportunity to build 8 units by-right or up to 16 units with its allowable density bonus. Boasting a Walk Score of 87, the Offering is well located between North Hollywood to the North, Studio City to the South, Sherman Oaks and Encino to the West and Toluca Lake, Burbank and Glendale to the East. With the brand new NoHo West mega-development nearing completion, future tenants will be minutes from premier dining, shopping and entertainment. In addition, just 1.1 miles away is the trendy and revitalized NoHo Arts District.

Details

MLS#20673246
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site69

Features

ZoningLAR3
Acreage0.13
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityValley Village
Zip Code91607
AreaVVL - Valley Village
Listing VS Median (in 91607)
Price:
$1,195,000
low | high
Med:
$5,995
100% of Average
On Site:
69
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: February 10, 2021 9:44:47 AM PST
Filip Niculete LogoMLS Number: 20673246
Listing Provided By:
Filip Niculete  of  Marcus Millichap
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