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12125-12127 Riverside drive
valley village, CA 91607

PRICE: $2,000,000

Unique mixed-use opportunity.

Ethan Donel, Alex Reyhan, and Daniel Hirth of the Hirth Group have been exclusively selected to market for sale 12125-12127 Riverside Drive, Valley Village, CA 91607. The subject property is situated just a few parcels off the corner of Riverside Drive and Laurel Canyon Boulevard. 12125-12127 Riverside Drive is in a traffic-generating location, bordering Studio City, with many national tenants neighboring the property such as Gelson’s, Starbucks, UPS, Jack in the Box, Subway, and Citibank just to name a few.

 

The asset itself is a well maintained ±4,834 SF multi-tenant mixed-use retail and office building situated on a ±6,247 SF lot with approximately eleven (11) parking spaces in the rear. The subject property consists of six (6) office suites and two (2) retail storefronts – two of which are owner-occupied and others on leases that expire December 31, 2021. 

 

With all leases being on short term, this opportunity is ideal for an owner/user looking to take advantage of SBA financing with as little as 10% down, with historic low interest rates, while owning a retail/office building in one of the most desired submarkets of Valley Village! Additionally, an owner/user can also occupy a majority of the building while using the other units as passive income while running their business on the sought-after street of Riverside Drive. With a high demand for multi-tenant buildings in Valley Village and minimal supply, this opportunity is also ideal for an investor looking to add value once the leases expire by negotiating current leases to fair market value, allowing an investor to make shy of a 7.67% return!

 

Valley Village is nestled between neighboring cities Sherman Oaks, Studio City, and North Hollywood. NoHo Arts District adjacency, a walkable urban village that is home to contemporary theaters, art galleries, cafes, shops, and the largest concentration of music recording venues is only located minutes away! With direct access to Highway 101’s on/off ramp at Coldwater Canyon that provides convenient connection to nearby I-405/SR-134/SR-170, as well as Hollywood Burbank Airport and Metro’s North Hollywood station Valley Village gives you the ability to travel to nearby neighborhoods.

Fantastic Owner/User Opportunity | SBA Financing with as Little as 10% Down
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Ethan Donel

Senior Associate

310-300-3179 Direct
310-986-7697 Mobile
888-798-3878 Fax
Ethan@HirthGroup.com
License CA: 02059315
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Alex Reyhan

Vice President

310-300-3181 Direct

310-259-3939 Mobile

Alex@HirthGroup.com

License CA: 02005428

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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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