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10116-10120 Riverside Dr 12,040 SF 100% Leased Office Building Toluca Lake, CA 91602 $7,695,000 ($639.12/SF) 5.18% Cap Rate



INVESTMENT HIGHLIGHTS
- ±12,040 SF, 3-story office + retail building with exceptional curb appeal and distinctive architecture
- Prime studio adjacent, Toluca Lake sits in/near the Burbank Media District within close proximity to (Warner Bros / Disney / ABC / NBC Studios)
- Diversified professional tenant mix (dental/wellness + professional services + creative/tech)
- Toluca Lake Village mixed-use asset on highly desirable Riverside Drive (walkable, amenity rich corridor)
- Convenient regional access to Ventura Blvd plus the 101 & 134 Freeways for Studio City, Burbank, Glendale and Hollywood connectivity
EXECUTIVE SUMMARY
+/- 12,040 SF mixed-use building ideally located in prime Toluca Lake, one of the most irreplaceable submarkets in the San Fernando Valley. The property features
exceptional curb appeal and an architecturally distinctive design, with a complementary mix of office and ground-floor retail, including office suites
positioned above and surrounding the acclaimed Sushi Yuzu restaurant.
Situated within a dense and affluent trade area, the property benefits from strong local demographics and consistent daily traffic. Its premier location offers close proximity to major Hollywood Studios, Ventura Boulevard, Riverside Drive, and the 101 and 134 freeways, as well as nearby lifestyle amenities including Toluca Lake Village, Lakeside Golf Club, and the NoHo Arts District.
exceptional curb appeal and an architecturally distinctive design, with a complementary mix of office and ground-floor retail, including office suites
positioned above and surrounding the acclaimed Sushi Yuzu restaurant.
Situated within a dense and affluent trade area, the property benefits from strong local demographics and consistent daily traffic. Its premier location offers close proximity to major Hollywood Studios, Ventura Boulevard, Riverside Drive, and the 101 and 134 freeways, as well as nearby lifestyle amenities including Toluca Lake Village, Lakeside Golf Club, and the NoHo Arts District.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
12,040 SF
Building Class
B
Year Built/Renovated
1930/1984
Price
$7,695,000
Price Per SF
$639.12
Cap Rate
5.18%
NOI
$398,978
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,300 SF
Building FAR
0.99
Lot Size
0.28 AC
Zoning
LAC2
Parking
23 Spaces (1.91 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 2424-009-044 | Total Assessment | $4,253,059 (2025) |
| Land Assessment | $2,989,812 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,263,247 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
2424-009-044
Land Assessment
$2,989,812 (2025)
Improvements Assessment
$1,263,247 (2025)
Total Assessment
$4,253,059 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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10116-10120 Riverside Dr
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