12003 Riverside Dr - Schools FOR SALE


Valley Village, CA 91607
$3,500,000 USD
213-532-3268
12003 Riverside Dr, Valley Village, CA for Sale
$3,500,000 USD
Schools - FOR SALE
1/11
null | Request Cap Rate

12003 Riverside Dr
Valley Village, CA 91607


HIGHLIGHTS

  • Turnkey opportunity for an educational user to occupy and customize the space.
  • Existing improvements offer flexibility to accommodate a variety of potential uses.
  • On-site parking provides flexibility for future users to reconfigure based on operational needs.
  • Supported by an average household income of $127,864 within a one-mile radius.
  • High-visibility corner location benefiting from approximately 22,180 average annual daily traffic.

OVERVIEW

Colliers is pleased to present the opportunity to acquire 12003 Riverside Dr, a well-located asset in the highly desirable Valley Village submarket. Currently operated as a school, the property offers an attractive opportunity for an owner-user seeking to continue its existing use or reposition the asset for alternative uses, including creative, traditional, or medical office. The improvements are well-suited for conversion, with a layout that can be efficiently reconfigured to accommodate a variety of occupancies. Existing classroom spaces can be converted to private offices, patient rooms, or lab areas, providing flexibility for a wide range of users. The property is located on a corner along Riverside Drive, offering strong visibility and consistent exposure, supported by an Average Annual Daily Traffic count of approximately 22,180 vehicles. The surrounding Valley Village neighborhood is both affluent and densely populated, with an average household income of $127,864 (1) and a population exceeding 250,000 (2). The property also features on-site parking, currently configured as an outdoor patio/playground area, providing optionality for future users to tailor the space to their operational needs. Overall, 12003 Riverside Dr represents a compelling opportunity to acquire a versatile, well-located asset in an affluent and densely populated neighborhood within the City of Los Angeles.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$446 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,741 SF

ZONING

LAC2

APN/PARCEL ID

2355-010-050

ASK ABOUT THIS PROPERTY

Adam TischerColliersMore Info
213-532-3268

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Adam TischerColliersMore Info
213-532-3268

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