10730 Riverside Drive North Hollywood, CA $ 2,600,000
10730 Riverside Drive
$ 2,600,000
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10730 Riverside Drive

North Hollywood, CA, 91602
$ 2,600,000
Baths0.0 Sq 3,848

Monthly Estimate*

$ 18,162

Listed by Precise Real Estate Investments
10730 Riverside Drive, North Hollywood, CA 91602 - Image 1
10730 Riverside Drive, North Hollywood, CA 91602 - Image 2
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10730 Riverside Drive, North Hollywood, CA 91602 - Image 7
10730 Riverside Drive, North Hollywood, CA 91602 - Image 8
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10730 Riverside Drive, North Hollywood, CA 91602 - Image 12
10730 Riverside Drive, North Hollywood, CA 91602 - Image 13
Studio

Commercial Property for sale in North Hollywood, CA

for $2,600,000. This 3,848 square foot building was built in 1950 on a lot size of 0.1778.

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.

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 40,000

Style

MixedUse

Lot Size

0.1778

Year Built

1950

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

GD23191723

Days on Market

216

Features
General
Heating Central WallFurnace
Cooling CentralAir WallWindowUnits
Utilities NaturalGasConnected SewerConnected
Roof RolledHotMop
Zoning LAC2
Security Features SecurityLights
Construction Materials Plaster
Year Built 1950
Property SubType MixedUse
Tax Year 2023
Business Type HealthServices Medical
County Los Angeles
Net Operating Income 100440.0
Operating Expense 56700.0
Insurance Expense 4000.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Between Lankershim Blvd and Cahuenga Blvd
City North Hollywood
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area NHO - North Hollywood
Lot Size Square Feet 7746.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Riverside
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 40000.0
Home Warranty Y/N N
Current Financing Conventional
Trash Expense 1920.0
Water Sewer Expense 6000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 159
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Year Built Source PublicRecords
Property Sub Type Additional MixedUse
Cap Rate 3.09
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Exterior
Fencing None
Lot Features Item25UnitsAcre StreetLevel
Water Source Public
Total Parking 14.0
Lot Size Area 7746.0
Number of Buildings 1
Spa N
Building Area Total 3848.0
Lot Size Acres 0.1778
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 10730
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* Excluded Features
List By
Precise Real Estate Investments

Broker

(818) 445-8938

Phone

Affordability Calculator

$21,495
Per Month
84%
16%
0%
Monthly Principal & Interest
$18,162
Monthly Property Taxes
$3,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2024$2,600,000 -5.45% Price Down
1/1/2024$2,750,000 -1.08% Price Down
12/18/2023$2,780,000 -2.46% Price Down
12/9/2023$2,850,000 -3.39% Price Down
11/25/2023$2,950,000 -1.67% Price Down
11/21/2023$3,000,000 -4.76% Price Down
11/15/2023$3,150,000 -3.08% Price Down
10/17/2023$3,250,000 -5.80% Price Down
10/16/2023$3,450,000 Listed Price

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10730 Riverside Drive, North Hollywood, CA, 91602 is a Commercial Property for sale at $2,600,000 with 3,848 sqft and a lot size of 0.1778. 10730 Riverside Drive is a studio with 0.0 baths and was built in 1950. The property's zip code is 91602 which is in North Hollywood, CA