12400 Magnolia, Valley Village, California 91607, Valley Village, 91607 - 5 bed, 3 bath
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Valley Village, California 91607
This Versatile RA3-Zoned Income Asset is listed at $3,000,000, reflecting a strategic premium over the $2,369,799 Fair Market Value due to its rare commercial utility and development potential. Featuring a Good Condition Rating following an extensive remodel, the 5-bedroom layout is optimized for high-yield residential operations such as assisted living, sober living, or rehab facilities. The property offers a secure, gated environment within the Los Angeles Unified district, near Top-Rated Schools like North Hollywood Senior High. This unique RA3-Zoned opportunity is perfectly suited for Specialized Residential Operators or Institutional Investors seeking a turnkey, cash-flow-ready acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12400 Magnolia Subject | $3,000,000* List Price | 5 | 3 | 2,176 | $1,089 | - |
A 12406 La Maida Street Sold | $2,450,000 | 4 | 5 | 2,520 | $972 | 0.4 mi |
B 11911 Hartsook Active | $2,799,000 List Price | 5 | 4 | 2,217 | $1,263 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1938 build that has been extensively remodeled and is described as turnkey and move-in ready. Exterior images show high-quality maintenance, including fresh paint, updated railings, and professional landscaping. While interior photos of the kitchen and bathrooms were not provided, the listing's description of a 'beautifully remodeled' interior and its high price point suggest well-maintained systems and modern updates consistent with a 'good' rating for a vintage home.
The rare RA3 zoning offers exceptional investment flexibility, providing potential for high-yield commercial uses such as assisted living, sober living, or rehab facilities.
With 5 bedrooms and 3 bathrooms in a beautifully remodeled interior, the property is move-in ready and optimized for immediate cash flow or large-scale residential use.
The fully fenced and gated lot features mature landscaping and ample parking, creating a private and secure environment essential for specialized residential operations.
The $3 million asking price for a 2,176-square-foot home represents a significant premium that may exceed standard residential market comparables in Valley Village.
Originally built in 1938, the property may have underlying infrastructure or foundation elements that require more maintenance than a modern build, despite recent cosmetic upgrades.
A beautifully remodeled house on a highly desirable RA3-zoned lot. This is an investor's dream with great cash flow potential! The property is fully fenced and gated with ample parking. The backyard features lavish landscaping, mature trees. Location and current set up has potential options to use the property as rehab, sober living, assisted living. RA3 zone with so much potential. True Gem!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,176 | 1,956 | 60% |
| Lot Size | 7,139 | 7,279.5 | 44% |
| Price | $3.00M | $1.50M | 94% |
| Price per sq ft | $1.4K | $791 | 98% |
| Built year | 1938 | 1947 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 146 | 2% |
Apr 6, 2026
$3,000,000
Initial Listing
Apr 9, 2021
$2,250,000
Public Record
Jul 27, 2016
$1,100,000
Public Record
Oct 9, 2015
$1,050,000
Public Record