10825 Magnolia Boulevard, North Hollywood, California 91601, North Hollywood, 91601 - bed, bath
10825 Magnolia Boulevard
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 10825 Magnolia Boulevard, North Hollywood, California 91601 is currently available with a list price of $4,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This property, built in 1978, is explicitly marketed as a 'DEVELOPMENT OPPORTUNITY' across three parcels, with the existing structures (a church and a residential property) likely intended for demolition. There are no interior images or descriptions of the kitchen, bathrooms, flooring, or systems. The exterior images show dated and worn buildings with security bars, suggesting a lack of recent updates and a need for substantial repairs or complete overhaul if intended for continued use. The value is clearly in the land for redevelopment, not the current condition of the structures.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Development Opportunity
The property is explicitly marketed as a development opportunity, appealing directly to investors and developers seeking to capitalize on its potential.
- Strategic North Hollywood Art District Location
Situated in the desirable and growing North Hollywood Art District, the location offers strong potential for future mixed-use project success and appreciation.
- Flexible C4-1-CA Zoning
The advantageous C4-1-CA zoning permits a wide range of mixed-use development options, maximizing the property's potential and value.
CONSRISKS & DEFICIENCIES
- Existing Tenant Occupancy
The presence of a tenant (church) requires careful negotiation for relocation or lease termination, which could introduce delays and additional costs to the development timeline.
- Demolition and Site Preparation Costs
As a development opportunity, the existing structures (church, residential) will likely require demolition, incurring substantial costs and time for site clearing and preparation.
- Complexity of Multi-Parcel Transaction
While beneficial for scale, managing the legal, title, and due diligence aspects for three separate parcels, even when sold together, can add complexity compared to a single-parcel transaction.
About 10825 Magnolia Boulevard
DEVELOPMENT OPPORTUNITY- North Hollywood Art District. Three parcels sold together. approximately 16, 399 SF. This property is sold with adjacent properties 10821 and 10831 Magnolia Blvd. parcel numbers 2416-009-025 and 2416-009-027. zone C4-1-CA. Ready for mix use development on total lot size Property is curranty used as a church. The Vacant lot and the Residential property on each side are sold with this property. Please call Listing Agent for more information. Please do not disturb the tenant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 5,365 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 2% |
| Baths | - | 2.0 | 2% |
| Square foot | 3,820 | 1,734 | 95% |
| Lot Size | 5,365 | 6,617 | 19% |
| Price | $4.80M | $1.11M | 98% |
| Price per sq ft | $1.3K | $724 | 98% |
| Built year | 1978 | 1941 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 163 | 12% |
Pricing History
Listed for Sale
Jan 5, 2026
$4,800,000
Initial Listing
Sold
Dec 21, 2005
$800,000
Public Record
Sold
Mar 31, 2004
$500,000
Public Record