Millman Team Real Estate

$1,849,000
0.14 Acre Lot

12849 Magnolia, Valley Village, California 91607

  • Commercial Sale Property Type
  • 1969 Year Built
Property Description

FOR SALE—MED OFFICE BUILDING—$1,849,000—Great owner-user

12849 Magnolia Blvd., Valley Village 91607, 2,700 SF.

2 Year old roof with 10-year warranty

Common reception room with separate doors to each medical suite basement for storage and extra bathroom Cell tower on the property is not included in the sale.

Ideal for a young practice to grow and use half the building and then take over the other half in 5 years.

Building size 2,700 square feet

Lot Size 6,286 square feet

Dentist – Current lease expires 1/31/27 with 1 5-year option at annual 3% increases. Current rent is 3874.70. Tenant has 1st right of refusal (10 days). Approximately 1300 square feet +/-. Reimbursement of electric-75% of electric bill.

West side- Vacant- Medical space with 5 exam rooms – market rent is approx. $3,900/mo. Approximately 1300 square feet +/-. Additional square footage in basement with bathroom and plumbing-great for dental lab work

Billboard – Expires 7/19/30. Rent of $5,400/year flat (paid annually). OutFront Billboard

Cell tower – Zero income

Basic Details
Commercial Sale
For Sale
SR26006044
$1,849,000
1969
0.14 Acre
Active
Office
Features
: None
$0
Address Map
CA
Los Angeles
Valley Village
91607
Magnolia
12849
W119° 35' 12.7''
N34° 9' 54.6''
corner of Coldwater Canyon and Magnolia Blvd.
VVL - Valley Village
c-2
Additional Information
$0
$0
$0
$0
$0
2700
1
: 0-1 Unit/Acre
2026-01-09
1
: Public
Broker/Agent Information
Hatkoff Investments
Brian Hatkoff
Listing Information
F210062840
F2110001
Cash,Cash to Existing Loan,Cash to New Loan
Active
2026-05-08T16:31:41Z
CRMLS
: Standard
2026-01-09T16:01:06Z
Agent info
Ray Millman
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