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.

 

4,456 RENTABLE SF | TWO TENANTS | PRIME TOLUCA LAKE

THE TEAM

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Daniel Hirth

Managing Director

310.300.2838 Direct

818.201.5268 Mobile

Daniel@HirthGroup.com

License CA: 01515796

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Alex Reyhan

Vice President Investments

310-300-3181 Direct

310-259-3939 Mobile

Alex@HirthGroup.com

License CA: 02005428

Ethan Donel

Investment Associate

310-300-3179 Direct

310-986-7697 Mobile

Ethan@HirthGroup.com

License CA: 02059315

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

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010