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10730 Riverside Drive

North Hollywood, CA 91602
  • $2,950,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: GD23191723
Price Reduced
UPDATED: 42 min ago
$2,950,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Bob Kasumyan of Precise Real Estate Investments (818-445-8938)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T08:30:25.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144411061
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10730 Riverside Drive North Hollywood, CA 91602

  • Price: $2,950,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 42 min ago
  • ID#: GD23191723
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1950
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
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.
Exterior Features

Construction Materials Plaster Entry Level 1 Fencing None Lot Features 2-5 Units/AcreStreet Level Parking Total 14 Roof Rolled/Hot Mop

Interior Features

Cooling Central AirWall/Window Unit(s) Cooling YN Yes Heating CentralWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Business Type Health ServicesMedical Cap Rate 3.09 Common Interest None Current Financing Conventional Gross Scheduled Income 162000 Insurance Expense 4000 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 5000 Net Operating Income 100440 Number Of Units Leased 1 Operating Expense 56700 Property Sub Type Mixed Use Security Features Security Lights Special Listing Conditions Standard Tax Annual Amount 40000 Tax Year 2023 Trash Expense 1920 Utilities Natural Gas ConnectedSewer Connected Vacancy Allowance 4860 Vacancy Allowance Rate 3 Water Sewer Expense 6000 Water Source Public Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T08:30:25.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Bob Kasumyan of Precise Real Estate Investments (818-445-8938)