Toluca Lake, CA 91602 10216 Riverside Drive

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Presented By: Craig Strong with Compass;
  • MLS# 24431957
  • 08/28/2024
  • Request Tour
  • Request Info
  • Baths • 4
  • SQFT • 4,764

Home Details

Mixed Use commercial investment, prime Toluca Lake location. Four units (one vacant), 4,764 square feet of high visibility storefront retail/office property for sale on popular high traffic main corridor. Dream opportunity set in vibrant hub. Beautifully well-maintained businesses with convenient street parking plus on-site parking for 11 cars accessed via a rear alley. Upscale building signage enhances visibility along Riverside Drive. Strategically located to nearby major retailors, dining and recreation. Highly accessible to the 134, 101 and 170 freeways, close to major studios, public transit and airports. Boasts high walkable and bikeable scores.
Presented By: Craig Strong with Compass;

Interior Features for 10216 Riverside Drive

Bedrooms

Total Bedrooms

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 10216 Riverside Drive

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.0
Carport Y/NNo
CityToluca Lake
CoolingCentralAir
CountyLos Angeles
Days on Market27
DirectionsOn Riverside Dr, between Sancola Ave and Forman Ave
Electric On Property Y/NNo
Facing DirectionNorth
Full Baths
Garage Y/NNo
Gross Income16673.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet8252.0
Lot Size UnitsSquareFeet
MLS AreaTUL - Toluca Lake
MobileHomeRemainsYNNo
Net Operating Income150883.0
New ConstructionNo
NumberOfUnitsTotal4
Occupancy TypeTenant
Open Parking Spaces11.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas, Insurance, TrashCollection, Water
ViewTreesWoods
View Y/NYes
Waterfront Y/NNo
ZoningLAC2

Exterior for 10216 Riverside Drive

Building Area Total4764.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNoLandscaping
Lot Size Acres0.1894
Lot Size Area8252.0
Lot Size SourceAssessor
Number of Buildings4
Open Parking Y/NNo
Parking FeaturesGuest
SpaNo
Total Parking11.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $3,695,000
MLS#24431957
List Date 08/28/2024
Property Type Multi-Family
Phone 310.658.1749
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