11022 Riverside Drive - Churches FOR SALE


North Hollywood, CA 91602
$7,750,000 USD
949-887-7872
11022 Riverside Drive, North Hollywood, CA for Sale
$7,750,000 USD
Churches - FOR SALE
1/16
null | Request Cap Rate

11022 Riverside Drive
North Hollywood, CA 91602


HIGHLIGHTS

  • Two-Story Religious Facility with Large Chapel (Seating Capacity – 247 persons)
  • Expanded Seating Capacity in Cultural Hall ( Additional 325 Persons)
  • Cultural Hall Features a Basketball Court & Performance Stage
  • 149 On-Site Parking Spaces (6.8:1,000 SF)
  • Numerous Meeting Rooms/Classrooms, a Serving Kitchen, Interior Courtyard
  • 340’ from 101/134/170 Freeways Interchange

OVERVIEW

Built in 1952, this 21,689 SF Religious Facility has 149 gated parking spaces (6.8:1,000 SF). The chapel has a seating capacity of 247 persons. The connected “Cultural Hall” (Gymnasium/Performance Stage) expands the seating capacity to 325 persons. The building features numerous large meeting rooms, classrooms, a serving kitchen and an interior, tiled courtyard area for secure gatherings. The current use is “7100 – Institutional – Church”. Comprised of five (5) legal parcels, the north 50% of the site is zoned “R3-1-RIO” MULTIPLE DWELLING ZONE. Every lot shall have a minimum width of 50’ and a minimum area of 5,000 SF. The minimum lot area per dwelling unit shall be 800 SF. The south 50% of the site is zoned “R1-1-RIO” ONE-FAMILY ZONE. Every lot shall have a minimum width of 50’ and a minimum area of 5,000 SF. The minimum lot area per dwelling unit shall also be 5,000 SF.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

21,689 SF RELIGIOUS FACILITY WITH 149 PARKING

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall, Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

149

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,564 SF

ZONING

R3-1-RIO & R1-1-RIO

APN/PARCEL ID

2423-011-007,2423-011-011,2423-011-012,2423-011-013,2423-011-027

ASK ABOUT THIS PROPERTY

David KnowltonNAI CapitalMore Info
949-887-7872

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David KnowltonNAI CapitalMore Info
949-887-7872

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