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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Investment properties
12131 Magnolia Blvd Valley Village, CA 91607-2609
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-7673715
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1962
Construction
WOOD
Total area
5,645 SF
Lot
0.36 ac (15,555 SF)
Zoning code
LAC2
APN
2347-019-002
UPID
US09-7673715
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Valley Village Dental Dental Office
-
Dr. Michelle Grosleib Dental Office
-
Valley Shotokan Training Center
-
Dr. James Grosleib Dental Office
-
Gold Star Roofing & Exteriors Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
12131 12137 Magnolia Blvd LLC · 7 yrs held
12131 12137 Magnolia Blvd LLC
since 2018
7 recorded transactions
Zoning & alternative use
LAC2 · Valley Village, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+11.0%
Office building
$2.8M
+5.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Valley Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,650,000
Current use
RETAIL STORES
$2,940,000
Change: +11% · Conversion: Easy
OFFICE BUILDING
$2,785,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,585,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$2,565,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$322 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,338
Tax year 2024
Assessed value
$2,504,444
Assessed 2024
Previous assessed
$2,504,444
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,132,608
Assessed improvement
$371,836
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
5,645 SF
Lot
0.36 ac (15,555 SF)
Zoning code
LAC2
APN
2347-019-002
UPID
US09-7673715
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Valley Village, CA
Zoning LAC2 · permitted uses
LAC2 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
RETAIL STORES
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
0.36 ac
Current owner
From public records · entity-resolved
12131 12137 Magnolia Blvd LLC
Entity
Mailing address
12131 MAGNOLIA BLVD, VALLEY VILLAGE, CA 91607-2609
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
—
12131 12137 Magnolia Blvd LLC
—
Deed
related
$155,200 · United States Small Business Admin
Sep 13, 2021
—
1213 12137 Magnolia Blvd LLC
—
Deed
related
$2,000,000 · Provide INC
Dec 28, 2018
$2,290,000
12131 12137 Magnolia Blvd LLC
Susan Erna Honig
Grant Deed
$2,088 · Centerstone Sba Lending INC
Dec 28, 2018
—
Magnolia Blvd LLC
—
Deed
related
$2,088 · Centerstone Sba Lending INC
Jun 26, 2015
—
Honig,susan Living Trust
Honig M J Living Trust
Quit Claim Deed
related
—
May 15, 2013
—
Honig,mitchell Living Trust
Honig Family Trust
Quit Claim Deed
related
—
Aug 16, 2000
—
Honig,mitchell J & Susan E Trust
Honig,m J & S E
Quit Claim Deed
related
—
Nov 1, 1996
$406,000
Mitchell J Honig
Rankin Trust
Grant Deed
$474,000 · California State Bank
Sep 14, 1994
—
Thelma D Rankin
Rankin,t D Trustee
Quit Claim Deed
related
—
—
—
Kui P Tang
—
Deed Of Trust
related
$152,000 · Bottomline Mortgage
—
—
Honig Trust
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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