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12035 Magnolia Blvd 1,524 SF Vacant Retail Building Valley Village, CA 91607 $1,500,000 ($984.25/SF)



Investment Highlights
- highly visible mixed-use property in the heart of Valley Village on Magnolia Blvd
- exceptional flexibility for a boutique, studio, office, salon, gallery, coffee shop, creative workspace, or owner-user business concept
- Single Family and store front, with parking
Executive Summary
Once-in-a-lifetime opportunity to own a highly visible mixed-use property in the heart of Valley Village, featuring a rare commercial storefront paired with a charming residential home all zoned LAC2. The approximately 561+- square-foot storefront space is the true centerpiece of the property, complete with its own bathroom and existing commercial zoning, offering exceptional flexibility for a boutique, studio, office, salon, gallery, coffee shop, creative workspace, or owner-user business concept. (Previously used as a liquor store), and several parking spaces for the store front. Positioned in one of the Valley's most centrally located and desirable neighborhoods, this is an ideal setting for entrepreneurs, investors, or anyone seeking strong live/work potential. Behind the storefront sits a beautifully maintained single-family residence offering approximately 1,500+- square feet with 2 bedrooms and 1 bathroom. The home features an expansive open-concept living area with a fireplace, wood flooring, updated kitchen finishes, and French doors leading to a private sunlit garden retreat. Located just minutes from major studios, popular dining and shopping destinations, and key commuter routes, this unique property delivers the rare combination of business exposure, residential comfort, and long-term investment appeal. Entire property zoned LAC2 for a variety of commercial uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,524 SF
Building Class
C
Year Built
1950
Price
$1,500,000
Price Per SF
$984.25
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.12 AC
Zoning
LAC2
Parking
5 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
287’ on magnolia Blvd
Amenities
- Pylon Sign
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2348-008-031 | Improvements Assessment | $30,705 |
| Land Assessment | $245,866 | Total Assessment | $276,571 |
Property Taxes
Parcel Number
2348-008-031
Land Assessment
$245,866
Improvements Assessment
$30,705
Total Assessment
$276,571
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12035 Magnolia Blvd
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