12406 Magnolia, Valley Village, California 91607, Valley Village, 91607 - 5 bed, 4 bath
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Valley Village, California 91607
This Turnkey RA3-Zoned Estate is listed at $3,000,000, reflecting a strategic premium above the $2,674,505 Fair Market Value due to its rare development upside and Excellent Condition Rating. The remodeled 5-bedroom residence offers a modern interior complemented by a private outdoor oasis featuring a swimming pool, patio, and lavish landscaping. Located within the Los Angeles Unified district near North Hollywood Senior High, the RA3 zoning ensures exceptional cash flow potential for future expansion or multi-unit development. This property is a premier choice for Portfolio Investors or Luxury Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12406 Magnolia Subject | $3,000,000* List Price | 5 | 4 | 2,472 | $1,082 | - |
A 12227 La Maida Street Sold | $2,500,000 | 4 | 4 | 2,671 | $936 | 0.5 mi |
B 12406 La Maida Street Sold | $2,450,000 | 4 | 5 | 2,520 | $972 | 0.4 mi |
C 4958 Carpenter Avenue Sold | $2,225,000 | 4 | 3 | 2,384 | $933 | 0.8 mi |
D 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 new construction or fully renovated.
The property is described as a beautifully remodeled, turnkey home with a modern, move-in-ready interior. Despite its 1938 origin, the extensive renovations, high-end outdoor amenities including a pool and lavish landscaping, and the premium listing price indicate that all major components have been updated to meet current quality standards with no deferred maintenance.
The property is situated on a highly desirable RA3-zoned lot, offering exceptional cash flow potential and versatile development opportunities for savvy investors.
The backyard features a luxurious setup with a swimming pool, lavish landscaping, and mature trees, all secured within a fully fenced and gated lot for maximum privacy.
With 5 bedrooms and 4 bathrooms across a beautifully remodeled layout, this home offers a modern, move-in-ready experience suitable for large families or high-end rentals.
Listed at $3,000,000 for 2,472 square feet, the property carries a high price-per-square-foot premium that may exceed local market averages for similar-sized homes.
Despite the extensive remodeling, the original 1938 construction may present limitations in foundation or utility infrastructure compared to modern new-build standards.
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, matured trees and hardscaped yard, a pool, and a patio. This home is a 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 | 4.0 | 3.0 | 77% |
| Square foot | 2,472 | 1,956 | 75% |
| Lot Size | 8,252 | 7,337 | 75% |
| Price | $3.00M | $1.50M | 94% |
| Price per sq ft | $1.2K | $791 | 96% |
| Built year | 1938 | 1947 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 146 | 2% |
Apr 6, 2026
$3,000,000
Initial Listing
Apr 12, 2021
$2,250,000
Public Record
Mar 1, 2016
$1,100,000
Public Record
Jun 12, 2000
$375,000
Public Record