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    The Largest CRE Database in the US with Over 1 Million Listings

    12849 Magnolia Blvd Valley Village, CA 91607

    Sponsored
    For Sale
    $1,849,000

    Commercial Sale - Valley Village, CA

    Property size:
    2,700 SF
    Lot size:
    0.14 Acres
    Days on Market:
    28
    Last Refresh:
    Feb 5 at 11:06 pm

    Property Features for 12849 Magnolia Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    c-2
    APN
    2346023066
    Size
    2,700 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1969
    Architectural style
    Other

    We can help!

    Listing Contact
    Brian Hatkoff

    Hatkoff Investments (818) 701-7789

    Listing agent Brian Hatkoff (818) 701-7789 License #00644374

    Listing date Jan 9, 2026

    MLS# SR26006044 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Valley Village Medical Office Building

    Located in Valley Village, CA, the property at 12849 Magnolia Blvd is a 2,700 square foot medical office building situated on a 6,286 square foot lot. The building features a common reception room with separate doors to each medical suite and a basement for storage and an extra bathroom. The roof is two years old and comes with a 10-year warranty. One side of the building is currently leased to a dentist until 1/31/27, with a 5-year option and annual 3% rent increases; the current rent is $3874.70, and the tenant occupies approximately 1300 square feet and reimburses 75% of the electric bill. The tenant also has the first right of refusal (10 days). The west side of the building is vacant medical space with 5 exam rooms, offering a potential market rent of approximately $3,900 per month and encompassing approximately 1300 square feet. Additional square footage is available in the basement, which includes a bathroom and plumbing, making it suitable for dental lab work. A billboard on the property generates a flat annual rent of $5,400 and expires on 7/19/30. This property is zoned C-2 and is ideal for a young practice to grow, utilizing half the building initially and expanding to the other half in the future.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Herman Gary DDS Dental Office PivoSmiles: Jonathan Pivo, ... Dental Office Sibson Jonathan Alternative Medicine Practice Jaeger Sharon A DC Alternative Medicine Practice Dr. Michael Khorramian Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Aloro Pet Hospital, Best Friends Animal Hospital, Best Friends Pet Store, Aloro Pet Clinic, Gray Jacqueline DVM

    Location Insight

    • Map
    • Local Demand
    City
    Valley Village
    County
    Los Angeles
    State
    California
    Longitude
    -118.4130773
    Latitude
    34.1650213

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    FAQs

    What type of property is this?
    Medical office - Medical office building for sale in Valley Village, California.
    Where is this medical office located?
    The property is located at 12849 Magnolia Blvd Valley Village, CA.
    What is the asking price?
    The asking price for this property is $1,849,000.
    What are key features of this property?
    This property features: - Great owner-user opportunity: Expand your practice into the vacant west side medical space.; - Income-generating property: Benefit from an existing dentist lease (expires 1/31/27 with option) and billboard lease (expires 7/19/30).; - Vacant west side medical space: Features 5 exam rooms, ready for immediate occupancy or lease.
    (818) 571-6554
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    12849 Magnolia Blvd Valley Village, CA 91607
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    Valley Village, CA 91607
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12849 Magnolia Blvd Valley Village, CA 91607
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    We can help!
    Listing Contact
    Brian Hatkoff
    Real Estate License ID: 00644374
    (818) 571-6554
    Learn more
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