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10220 RIVERSIDE DRIVE | TOLUCA LAKE, CA 91602
just sold!
SALE PRICE: $2,475,000
The Hirth Group is pleased to announce another successful closing of 10220 Riverside Drive in prime Toluca Lake! Daniel Hirth, Alex Reyhan, and Ethan Donel represented both the buyer and seller in this transaction by procuring nearly a dozen offers within the first two weeks of marketing.
The Hirth Group was successful in breaking a record in Toluca Lake at $555.43 a foot for a two unit mixed use retail/office building totaling ±4,456 SF with no on-site parking. The Skin Agency and the accounting firm known as Foumberg, Juneja, Rocher & Company occupy the property. The building was fully renovated in 2017 and was fully occupied at the time of sale.
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4,456 RENTABLE SF | TWO TENANTS | PRIME TOLUCA LAKE
THE TEAM
Daniel Hirth
Managing Director
Alex Reyhan
Vice President Investments
Ethan Donel
Investment Associate
The sale
5.06% CAP / 8.70% Pro Forma
±4,456 SF of Building | ±5,043 SF Lot
Price Per SF: $555.43
Procured Nearly a Dozen Offers
Two Tenants | Mixed Use Retail/Office | Zero Parking
Prime Toluca Lake Submarket
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