11714 Magnolia Boulevard new Save Request In-Person Tour Request Virtual Tour
Valley Village,CA 91607
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 21,422 sqft
Price per Sqft $401
MLS Listing ID CL25587441
Year Built 2021
Lot Size 0.369 Acres
Property Sub-Type Comm Ind For Sale
Property Description
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 an
Location
State CA
County Los Angeles
Zoning LAC2
Building
New Construction No