10443 Magnolia Boulevard, North Hollywood, California 91601, North Hollywood, 91601 - 4 bed, 4 bath
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North Hollywood, California 91601
Analysis of 10443 Magnolia Boulevard, North Hollywood, California 91601 is currently available with a list price of $1,280,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1948, this mixed-use property shows a significant contrast in condition across its units. The main kitchen has been updated with modern black cabinetry, stone countertops, and stainless steel appliances. However, other areas, including the bathrooms and the studio unit, feature dated tiling, older fixtures, and worn carpeting. While functional and well-maintained by long-term owners, the property requires modernization in several areas to meet current market standards.
The property features four distinct addresses including a 3-bedroom condo, a studio unit, retail offices, and a high-ceiling workspace, offering exceptional potential for multiple income streams or a live-work setup.
Situated in a sought-after North Hollywood neighborhood near Toluca Lake and Burbank, the property provides excellent visibility and easy access to major freeways and essential services.
Equipped with separate gas and electric meters for units, a 2-car garage, and additional gated parking with rear alley access, the layout is well-suited for independent commercial and residential operations.
With over 380 days on the market and multiple significant price reductions from the original list price, the property may face perception challenges regarding its market value or condition.
Built in 1948 and held by the same owners since 1989, the building likely requires significant modernization and capital improvements to meet contemporary commercial and residential standards.
HUGE PRICE ADJUSTMENT!!!! It doesn't get better than this. Don't miss this Incredible Business and Living situation with 4 addresses. A large Condo above with 3 bedrooms and 1 full bath at 10445 1/2 Magnolia Blvd. A Studio unit with a full bath and kitchen with dining area at 10443 1/2 Magnolia Blvd. First floor has 2 retail offices (one with a store front) and 1 bath at 10443 Magnolia Blvd. And there is also a large workspace with high ceilings, great for Contractor, Real Estate office, Dance or Art Studio, Music studio, Merchandise store and/or storage, Coffee shop, Flower shop, with a bathroom at 10445 Magnolia Blvd. There is separate gas meters and electrical panels, 2 car garage, additional parking with gated acces from rear alley. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all of it's potential. Zoned CA2. Owners and family have lived upstairs and have had a flower shop business downstairs since 1989. Must see to appreciate. CALL NOW TO SCHEDULE A PRIVATE SHOWING!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 50% |
| Baths | 4.0 | 2.0 | 50% |
| Square foot | 3,020 | 2,910 | 50% |
| Lot Size | 3,098 | 4,451.5 | 50% |
| Price | $1.28M | $1.06M | 50% |
| Price per sq ft | $424 | $364 | 50% |
| Built year | 1948 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 390 | 247 | 0% |
Apr 9, 2026
$1,280,000
$1,449,000
-12% Price Drop
Initial Listing
Feb 6, 2026
$1,449,000
$1,599,900
-9% Price Drop
Initial Listing
Aug 15, 2025
$1,599,900
$1,658,000
-4% Price Drop
Initial Listing
Aug 3, 2025
$1,658,000
Initial Listing
Mar 28, 2025
$1,789,987
Initial Listing