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$ 1,849,000
Est. payment /mo
Active
12849 Magnolia Valley Village, CA 91607
6,263 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26006044
HOA Y/N No
Year Built 1969
Lot Size 6,263 Sqft
Property Sub-Type Office
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
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
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning c-2
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 8
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2346023066
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Listed by Brian Hatkoff Hatkoff Investments 818-571-6554, DRE #00644374