Valley Village | 2021 Built | 19 Units + Retail
Considering selling? Get a complimentary, confidential valuation.
Our representation of the buyer in the acquisition of Magnolia Nineteen, a striking mixed-use property in the heart of Valley Village. This transaction demonstrates how informed market insight and steady negotiation can produce exceptional outcomes.
Property Overview
Magnolia Nineteen, located at 11700 Magnolia Blvd, is a distinctive architectural property designed by the AIA Gold Medal winning firm Brooks + Scarpa. It includes 19 loft-style residential units with 18-foot ceilings and one ground floor retail space. The corrugated metal exterior, open air walkways, and thoughtfully planned rooftop areas set it apart from typical multifamily offerings and create an appealing living environment for residents.
Deal Story
We began working with the buyer, a tech executive who experienced a successful exit by way of acquisition, in late 2024. His goal was to use a 100% Bonus Depreciation strategy to offset a significant capital gain, which required closing before the end of the 2025 tax year. Early on, we ruled out ground-up development opportunities due to timing and risk, and instead targeted newer, stabilized properties that could reliably deliver full bonus depreciation.
Our representation of the buyer in the acquisition of Magnolia Nineteen, a striking mixed-use property in the heart of Valley Village. This transaction demonstrates how informed market insight and steady negotiation can produce exceptional outcomes.
Property Overview
Magnolia Nineteen, located at 11700 Magnolia Blvd, is a distinctive architectural property designed by the AIA Gold Medal winning firm Brooks + Scarpa. It includes 19 loft-style residential units with 18-foot ceilings and one ground floor retail space. The corrugated metal exterior, open air walkways, and thoughtfully planned rooftop areas set it apart from typical multifamily offerings and create an appealing living environment for residents.
Deal Story
