12143-12147 Magnolia Blvd
Valley Village, CA 91607
Office Property For Sale

Marcus & Millichap is pleased to present this mixed-use property located at 12143 Magnolia Blvd in the city of Valley Village, California. This property consists of two office units in the front and two multifamily units in the rear. Built in 1934, there is a rentable square footage of 4,662 sitting on a massive 14,656 square feet lot. The two units in the front are currently occupied by dentists. One of them is the owner of the property. The two units in the back consists of one 3 bed + 2 bath unit and one 2 bed + 1.5 bath unit. Property amenities include on-site parking, patio area, A/C and wall units and lush landscaping. This is a great owner-user opportunity to occupy the office space while collecting income from the tenants. Located in the city of Valley Village, just West of the 170 Fwy and North of the 101 Fwy. Valley Village is one of the most desirable neighborhoods within the Los Angeles metropolitan area nestled among Studio City, Sherman Oaks, and North Hollywood. The property is situated on a Magnolia Blvd, a major street with local businesses, restaurants, retail and office. Commuter access to this site is offered through the 101, 134 and 170 freeways. The subject location is highlighted by a multitude of dining, shopping, and entertainment facilities while offering easy access to employment centers in Hollywood, Downtown, and West Los Angeles.