10116-10120 Riverside Dr - Office FOR SALE


Toluca Lake, CA 91602
$7,185,000 USD
818-380-9970
10116-10120 Riverside Dr, Toluca Lake, CA for Sale
$7,185,000 USD
Office - FOR SALE
1/26
null | 5.55% Cap Rate

10116-10120 Riverside Dr
Toluca Lake, CA 91602


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

OVERVIEW

+/- 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

FOR SALE DETAILS

PRICE

$7,185,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

5.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

LAC2

APN/PARCEL ID

2424-009-044

ASK ABOUT THIS PROPERTY

Brett MeroCBM1 IncMore Info
818-380-9970

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Brett MeroCBM1 IncMore Info
818-380-9970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.