Medical Office Building with Exam
New
For Sale
$1,849,000
12849 Magnolia, Valley Village, CA 91607
The building includes two medical suites, a shared reception area, and basement storage with an additional bathroom.
Property Size2,700 SF
Lot Size0.14 Acres
Price / SF$684.81
Days on Market2
Property Features for 12849 Magnolia
General Information
Standard status
Active
Size
2,700 SF
Lot size
0.14 Acres
Additional Details
Asking Price
$1,849,000
Office Units
2
Amenities
Common reception room
basement for storage
extra bathroom
Building Details
Year Built
1969
Buildings
1
Building Size
2,700 SF
Listing Agency:
Hatkoff Investments
Listed By:
Brian Hatkoff · License #00644374
(818) 571-6554
Source:
Myfabuloushome
Added: Sep 11
Last Checked: Sep 11 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hatkoff Investments
Investment Insights
Based on property information with market context.
This 2,700-square-foot medical office building, constructed in 1969, is arranged around a common reception area with separate entries to each suite. The west-side suite is vacant and includes 5 exam rooms, while the other suite is occupied by a dental practice. Basement space provides storage, an additional bathroom, and plumbing that can support dental lab use. The roof is approximately 2 years old and carries a 10-year warranty.
Located at 12849 Magnolia in Valley Village, the property occupies a 6,286-square-foot lot. The dental lease runs through 1/31/27 and includes 1 5-year option with annual 3% increases. A billboard lease extends through 7/19/30. The cell tower is not included in the sale.
Located at 12849 Magnolia in Valley Village, the property occupies a 6,286-square-foot lot. The dental lease runs through 1/31/27 and includes 1 5-year option with annual 3% increases. A billboard lease extends through 7/19/30. The cell tower is not included in the sale.
Key Highlights
- 2,700‑square‑foot medical office building on a 6,286‑square‑foot lot
- West‑side medical suite is vacant and includes 5 exam rooms
- Common reception area with separate doors serving each medical suite
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,020
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,180,400
$1.2M
Cap Rate 7%
$843,143
$843.1K
Cap Rate 9%
$655,778
$655.8K
Market Conditions
NOI Build-Up for 2,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$103.7K $38.40/SF
− Vacancy
−$25.0K −$9.25/SF
EGI
$78.7K $29.15/SF
− OpEx
−$19.7K −$7.29/SF
NOI
$59.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,180,400
Cap Rate 7%
$843,143
Cap Rate 9%
$655,778
Alternative Uses
Best Use
Office B
$843.1K
$737.8K – $983.7K
NOI $59,020 @ 7.0% cap · market cap 3.19%
Second Best
Healthcare Medical
$731.5K
$640.0K – $853.4K
NOI $51,203 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,190 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,776
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91607, CA
30,502
Population
14,597
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
12,201
Density / Sq Mi
$84,925
Median Household Income
$50,970
Median Earnings
$1,998
Median Rent
$1,019,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The building includes two medical suites, a shared reception area, and basement storage with an additional bathroom.
Where is this medical office space located?
The property is located at 12849 Magnolia 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: 2,700‑square‑foot medical office building on a 6,286‑square‑foot lot; West‑side medical suite is vacant and includes 5 exam rooms; Common reception area with separate doors serving each medical suite
