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North Hollywood, CA 91602 10730 Riverside Drive

$2,600,000

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Presented By: Bob Kasumyan with Precise Real Estate Investments; 818-445-8938
  • MLS# GD23191723
  • 10/15/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 3,848

Home Details

Huge Price Reduction. Located in the vibrant Toluca Lake, this property is at the center of it all. Precise Real Estate Investments is pleased to offer for sale 10730 Riverside Drive, an extremely rare medical/mixed use building. This remarkably well maintained, pride of ownership property offers an owner/user the opportunity to occupy approximately 1,490sqft of space while collecting income from a larger medical tenant and from a residential tenant. The current owner occupies approximately 1,900sqft and would consider a lease back. The residential unit has been recently renovated and can be rented for an immediate income at a fair market rate. For all questions, please contact the listing broker.
Presented By: Bob Kasumyan with Precise Real Estate Investments; 818-445-8938

Interior Features for 10730 Riverside Drive

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Street SuffixDrive
Total Stories2

Other Rooms

Entry Level1

General for 10730 Riverside Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeHealthServices, Medical
Cap Rate3.09
Carport Y/NNo
CityNorth Hollywood
Construction MaterialsPlaster
CoolingCentralAir, WallWindowUnits
CountyLos Angeles
Current FinancingConventional
Days on Market159
DirectionsBetween Lankershim Blvd and Cahuenga Blvd
Garage Y/NNo
HOA / Comm AssnNo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Insurance Expense4000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet7746.0
MLS AreaNHO - North Hollywood
MaintenanceExpense5000.0
MobileHomeRemainsYNNo
Net Operating Income100440.0
New ConstructionNo
Number of Units Leased1
Occupancy DescriptionOwner
Operating Expense56700.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofRolledHotMop
Security FeaturesSecurityLights
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameRiverside
Tax Annual Amount40000.0
Tax Year2023
Total Units3
Trash Expense1920.0
UtilitiesNaturalGasConnected, SewerConnected
View Y/NNo
Water Sewer Expense6000.0
Waterfront Y/NNo
Year Built1950
Year Built SourcePublicRecords
ZoningLAC2

Exterior for 10730 Riverside Drive

Building Area Total3848.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, StreetLevel
Lot Size Acres0.1778
Lot Size Area7746.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking14.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,600,000
MLS#GD23191723
List Date 10/15/2023
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors