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    12001 Magnolia Blvd

    Valley Village, CA 91607
    • $1,195,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 20-673246
    UPDATED: 33 min ago
    $1,195,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-18T13:42:39.493. 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.
    www.bellavistaestates.us/homes/112845601
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    12001 Magnolia Blvd Valley Village, CA 91607

    • Price: $1,195,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20-673246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    Valley Village
    County:
    Los Angeles
    Area:
    Valley Village
    Property 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.
    Exterior Features

    Horse YN No Lot Location Alley AccessCity Lot Size Area 6094 View Description Other View YN Yes

    Property Features

    Assessments Buyer To AssumeBuyer To Verify Cable YN Yes Electric On Site Gas On Site Potential Usage Build 8 Units By-Right * Build 16 Units With Tier 3 Toc Sale Type Standard Sewer In Street Source Lot Size Area Developer Street Lights YN True Water Water District Water Well YN False Zoning Lar3

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-18T13:42:39.493. 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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    Harcourts Bella Vista Realty
    22156 Sherman way Suite D
    Canoga Park CA, 91303