Medical Office Building with Exam
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 Market47
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
Changed: Oct 26
Last Checked: Oct 7 at 2:42PM
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
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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 / Yr
$59,020
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,776
Businesses Nearby
Under-served
Demand for This Use
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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
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
