Valley Village CA Real Estate & Commercial for Sale

PRICED TO SELL NOW SIGNIFICANT REDUCTION | $8,600,000 | 6.09% CAP RATE. A 2021-Built, 19-Unit Apartment Building with 1,573 SF of Retail in Valley Village Adjacent to NoHo Arts District. Marcus & Millichap is pleased to announce it has been retained as the exclusive listing agent for the sale of Magnolia Nineteen, a newly constructed apartment building with 19 large lofts (ranging from 833-1,287 SF) and 1,573 SF of occupied retail space in the desirable Valley Village neighborhood of the San Fernando Valley of Los Angeles, CA.The exquisitely designed luxury homes feature a mix of lofts and 2-story lofts with high ceilings, large floor to ceiling windows, and luxury appointments that match the demand preferences of the most discerning renter. In the common areas, the Property features a plethora of outdoor courtyard and meeting spaces that include unique touches such as fireplaces, rooftop deck with barbecue, al fresco dining space, and upper sun deck.Magnolia Nineteen's unique location, at the intersection of Magnolia Boulevard and Colfax Avenue, offers a residential vibe akin to single family homes in Valley Village, Studio City (0.75 miles south), and Toluca Lake (1.5 miles southeast), while being within a mile of the heart of the NoHo Arts District and its thousands of jobs and popular entertainment, nightlife, and dining along Lankershim Boulevard. In conjunction with easy access to the 170, 101, 134, and 5 freeways, residents can access 2.7 million jobs within a 30-minute commute.

Rare Valley Village 6-Unit Apartment Building - First Time on the Market Since 1997! An outstanding investment opportunity has arrived in the heart of Valley Village, California. Offered for the first time in nearly three decades, this well-maintained six-unit multifamily property combines exceptional stability with exciting upside potential. The building offers a desirable and diverse unit mix consisting of three 1-bedroom/1-bath units, one spacious 3-bedroom/1-bath unit, and two studio/1-bath units. Half of the residences have been fully renovated with modern kitchens, stylish bathrooms, and updated flooring, while the remaining units present a clear value-add opportunity for the next owner to elevate rents by completing similar upgrades. Fully leased with a proven history of long-term tenancy, this property is anchored by residents who have called it home for over 20 years. Additional income is generated through the on-site laundry room, and tenants benefit from six dedicated parking spaces with convenient alley access. At the heart of the property, a central communal courtyard with BBQ areas creates a warm, inviting atmosphere that encourages tenant satisfaction and retention. Located on Burbank Boulevard, this prime Valley Village address offers easy access to the 101 and 170 freeways and is just minutes from the NoHo Arts District, Trader Joe's, and the vibrant shops and restaurants along Ventura Boulevard. With its unbeatable combination of location, stability, and value-add potential, this property is an ideal acquisition for investors seeking immediate cash flow and long-term growth.