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13242 Riverside Dr
Sherman Oaks, CA 91423
13242 & 13242 1/2 Riverside Dr. · Retail Property For Sale
Investment Highlights
- Potential for interest only Seller financing
- Newly installed 200-amp commercial main panel and sub-panel
- 2 Individual electric meters & hot water heaters
- Significant value-add opportunity with ±76% upside in rental income
- Opportunity to subdivide the space into a 2-tenant retail property
- Potential to be vacated after the close escrow | 5 car parking lot on-site
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
1,225 SF
Building Class
C
Year Built
1949
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.07 AC
Zoning
LAC1.5
Parking
5 Spaces (4.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 2358-032-041 | Improvements Assessment | $175,000 |
| Land Assessment | $600,000 | Total Assessment | $775,000 |
Property Taxes
Parcel Number
2358-032-041
Land Assessment
$600,000
Improvements Assessment
$175,000
Total Assessment
$775,000
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