2 months on rocket

11840 Magnolia Blvd, Valley Village, CA, 91607

$979,979

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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11840 Magnolia Blvd, Los Angeles$979,979

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage3 spaces
Year Built1939
MLS #BB24192134
Lot Size0.15 Acres
StatusActive

About 11840 Magnolia Blvd

Back on market! Previously sold with multiple offers over list price! Run, don't walk! Opportunity awaits in the heart of Valley Village with this prime 3-unit property! Featuring three 1 bedroom, 1 bathroom units, this gem has been owned by the same family for over 48 years. Each unit boasts hardwood floors and a charming dining area. The back unit offers a private patio for added outdoor enjoyment. With three 1-car garages and a long driveway, parking is never an issue. This is a rare find in an unbeatable location—perfect for investors or owner-occupants looking to capitalize on a highly sought-after area. Don’t miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1

Listing Office:

  • Office Name: Brad Korb Real Estate Group
  • Office Email: brad@bradkorb.com
  • Listing Agent: Bradley Korb

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Hartsook / Morella

Price Information

Listing Price Info

Price Summary:

  • List Price: $979,979

Tax Information:

  • Annual Amount: $2,518
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

11840 Magnolia Blvd vs Los Angeles

65 DAYS ON ROCKET

+27 Days

$979,979

-$43.4K Less

KEY TAKEAWAY

This property is $43.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24192134

Listing Office:

  • Office Name: Brad Korb Real Estate Group
  • Office Email: brad@bradkorb.com
  • Listing Agent: Bradley Korb

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,518$183,046
2020$2,449$181,170
2019$2,339$177,618
2018$2,290$174,136
2017$2,290$170,723

History based on county public records data.

Payment Calculator

$4,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,005

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-671675
9
/10

  • Colfax Charter Elementary

  • 11724 Addison St

  • 0.30 miles

  • Public Charter Grades KG-5

school-card-donut-671676
5
/10

  • Burbank Boulevard Elementary

  • 12215 Albers St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-671677
4
/10

  • Lankershim Elementary School

  • 5250 Bakman Ave

  • 0.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,789. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›91607›11840 Magnolia Blvd

This home is located at 11840 Magnolia Blvd in Valley Village, CA and zip code 91607 in the The San Fernando Valley neighborhood. This home, which was built in 1939, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $979,979.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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