Medical Office Building with
For Sale
$1,849,000
12849 Magnolia, Valley Village, CA 91607
Commercial Sale, Valley Village, CA
Property Size2,700 SF
Lot Size0.14 Acres
Price / SF$684.81
Days on Market271
Property Features for 12849 Magnolia
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
c-2
Directions
corner of Coldwater Canyon and Magnolia Blvd.
Subdivision
VVL - Valley Village
Standard status
Active
APN
2346023066
Lot size
0.14 Acres
Amenities
common reception room
basement storage
Building Details
Year built
1969
Listing Agency:
Hatkoff Investments
(818) 701-7789
Listed By:
Brian Hatkoff · License #00644374
(818) 571-6554
Added: Jan 9
Changed: Sep 24
Last Checked: Oct 7 at 1:06PM
MLS# SR26006044
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.
Investment Insights
Based on property information with market context.
This 2,700-square-foot medical office building, constructed in 1969, is arranged as two suites with a shared reception area and separate suite entries. The west-side suite is vacant and includes five exam rooms, while the other suite is occupied by a dentist under a lease expiring 1/31/27 with one 5-year option and annual 3% increases. C-2 zoning supports the medical office classification.
Additional building features include a basement with storage, an extra bathroom, and plumbing that may accommodate dental laboratory functions. The roof is 2 years old and includes a 10-year warranty. A billboard lease extends through 7/19/30. The cell tower is located on the property but is excluded from the sale.
Additional building features include a basement with storage, an extra bathroom, and plumbing that may accommodate dental laboratory functions. The roof is 2 years old and includes a 10-year warranty. A billboard lease extends through 7/19/30. The cell tower is located on the property but is excluded from the sale.
Key Highlights
- 2,700 SF medical office building on a 6,286‑square‑foot lot
- Two‑suite layout with shared reception and separate entrances
- Vacant west suite includes 5 exam rooms and is approximately 1300 square feet +/-
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
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
Check the figures for this property
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 - Two medical suites share reception space, with one occupied and the other configured for clinical use.
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 SF medical office building on a 6,286‑square‑foot lot; Two‑suite layout with shared reception and separate entrances; Vacant west suite includes 5 exam rooms and is approximately 1300 square feet +/-
