Office Space /CA /Los Angeles County /North Hollywood /12722 Riverside Dr
Office Space /CA /Los Angeles County /North Hollywood /12722 Riverside Dr

12722 Riverside Dr - Office FOR SALE


North Hollywood, CA 91607 | 
$4,550,000 USD
818-292-3175
12722 Riverside Dr, North Hollywood, CA for Sale
$4,550,000 USD
Office - FOR SALE
1/11
null | 3.82% Cap Rate
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12722 Riverside Dr
North Hollywood, CA 91607

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HIGHLIGHTS

  • 100% Occupancy Existing Rents Average $2.18 Per Square Foot, 38% Below Market
  • Immediate Value-Add or Owner User Opportunity 85% of teh Existing Leases Expire Within One Year
  • Prime Valley Village, CA Location 0.1 Miles From the 101 Freeway On/Off Ramps with Direct Freeway Access and Visibility

OVERVIEW

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 12722 Riverside Drive, a 14,342 square foot, two story multitenant office building situated on 0.45 acres of land (19,738 SF), located just east of the SE signalized corner of Riverside Drive & Coldwater Canyon Avenue at the border of Los Angeles submarkets Valley Village and Studio City, CA.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

3.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,092 SF

ZONING

LAP

APN/PARCEL ID

2357-033-009

ASK ABOUT THIS PROPERTY

Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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

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