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.
Courtesy of Marcus & Millichap, Filip Niculete - Agent DRE# 01905352
Based on information from CRISNet MLS as of . 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.