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31798296
31798295

10116 - 10120 Riverside Drive, Los Angeles, CA 91602

BM
CA 01190225
CBM1 West Los Angeles
DO
CA 1398651
CBM1 West Los Angeles
Listed by CBM1 West Los Angeles
$7,185,000
138 days on market
Updated 12 days ago

10116 - 10120 Riverside Drive

Details
APN 2424-009-044
Property Type Retail, Office (+1)
Sub Type Traditional Office, Medical Office (+1)
Square Footage 12,040
Net Rentable (SqFt) 10,988
Units 8
Cap Rate 5.18%
NOI $398,979
Occupancy 100%
Tenancy Multi
Price per SqFt $639
Class A
Year Renovated 1984
Buildings 2
Stories 3
Lot Size (SqFt) 12,503
Investment Type Stabilized
Ground Lease No

Retail | 5.18% CAP | 12,040 SqFt

Marketing description

+/- 12,040 SF mixed-use building ideally located in prime Toluca Lake, one of the most irreplaceable submarkets in the San Fernando Valley. The property features exceptional curb appeal and an architecturally distinctive design, with a complementary mix of office and ground-floor retail, including office suites positioned above and surrounding the acclaimed Sushi Yuzu restaurant.

Situated within a dense and affluent trade area, the property benefits from strong local demographics and consistent daily traffic. Its premier location offers close proximity to major Hollywood Studios, Ventura Boulevard, Riverside Drive, and the 101 and 134 freeways, as well as nearby lifestyle amenities including Toluca Lake Village, Lakeside Golf Club, and the NoHo Arts District.

Toluca Lake is one of the San Fernando Valley’s most sought after submarkets, offering an affluent, highly walkable Village atmosphere anchored by boutique retail, dining, and daily conveniences along Riverside Drive. The property’s studio adjacent setting places it within the Burbank Media District, in close proximity to Warner Bros., Disney, NBC, and Universal Studios, as well as Universal City. The location also benefits from excellent regional connectivity via the 101 and 134 freeways.


Investment highlights

  • Toluca Lake Village mixed-use asset on highly desirable Riverside Drive (walkable, amenity rich corridor)
  • ±12,040 SF, 3-story office + retail building with exceptional curb appeal and distinctive architecture
  • Diversified professional tenant mix (dental/wellness + professional services + creative/tech)
  • Rare on-site surface parking
  • Prime studio adjacent, Toluca Lake sits in/near the Burbank Media District within close proximity to Warner Bros / Disney / ABC / NBC Studios
  • Convenient regional access to Ventura Blvd plus the 101 & 134 Freeways for Studio City, Burbank, Glendale and Hollywood connectivity

Listing Contacts

BM
CA 01190225
CBM1 West Los Angeles
DO
CA 1398651
CBM1 West Los Angeles
Listed by CBM1 West Los Angeles

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$398,979.00
$33,248.25/mo

Valuation Metrics

0
DSCR
5.55%
Cap Rate
5.55%
ROI

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