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10116-10120 Riverside Dr
Toluca Lake, CA 91602
Office Property For Sale


Investment Highlights
- Toluca Lake Village mixed-use asset on highly desirable Riverside Drive (walkable, amenity rich corridor)
- Diversified professional tenant mix (dental/wellness + professional services + creative/tech
- Prime studio adjacent, Toluca Lake sits in/near the Burbank Media District within close proximity to Warner Bros / Disney / ABC / NBC Studios
- ±12,040 SF, 3-story office + retail building with exceptional curb appeal and distinctive architecture
- Rare on-site surface parking
- Convenient regional access to Ventura Blvd plus the 101 & 134 Freeways for Studio City, Burbank, Glendale and Hollywood connectivity
Executive Summary
+/- 12,040 SF mixed-use building ideally located in prime Toluca Lake, one of the
most irreplaceable submarkets in the San Fernando Valley. The property features
exceptional curb appeal and an architecturally distinctive design, with a
complementary mix of office and ground-floor retail, including office suites
positioned above and surrounding the acclaimed Sushi Yuzu restaurant.
Situated within a dense and affluent trade area, the property benefits from strong
local demographics and consistent daily traffic. Its premier location offers close
proximity to major Hollywood Studios, Ventura Boulevard, Riverside Drive, and
the 101 and 134 freeways, as well as nearby lifestyle amenities including Toluca
Lake Village, Lakeside Golf Club, and the NoHo Arts District.
Toluca Lake is one of the San Fernando Valley’s most sought after submarkets,
offering an affluent, highly walkable Village atmosphere anchored by boutique
retail, dining, and daily conveniences along Riverside Drive. The property’s studio
adjacent setting places it within the Burbank Media District, in close proximity to
Warner Bros., Disney, NBC, and Universal Studios, as well as Universal City. The
location also benefits from excellent regional connectivity via the 101 and 134
freeways
most irreplaceable submarkets in the San Fernando Valley. The property features
exceptional curb appeal and an architecturally distinctive design, with a
complementary mix of office and ground-floor retail, including office suites
positioned above and surrounding the acclaimed Sushi Yuzu restaurant.
Situated within a dense and affluent trade area, the property benefits from strong
local demographics and consistent daily traffic. Its premier location offers close
proximity to major Hollywood Studios, Ventura Boulevard, Riverside Drive, and
the 101 and 134 freeways, as well as nearby lifestyle amenities including Toluca
Lake Village, Lakeside Golf Club, and the NoHo Arts District.
Toluca Lake is one of the San Fernando Valley’s most sought after submarkets,
offering an affluent, highly walkable Village atmosphere anchored by boutique
retail, dining, and daily conveniences along Riverside Drive. The property’s studio
adjacent setting places it within the Burbank Media District, in close proximity to
Warner Bros., Disney, NBC, and Universal Studios, as well as Universal City. The
location also benefits from excellent regional connectivity via the 101 and 134
freeways
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
15,426 SF
Building Class
C
Year Built
1984
Price
$9,981,402 CAD
Price Per SF
$647.05 CAD
Cap Rate
5.55%
NOI
$553,968 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,300 SF
Building FAR
1.26
Lot Size
0.28 AC
Zoning
LAC2
Parking
23 Spaces (1.91 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 2424-009-044 | Improvements Assessment | $1,754,903 CAD |
| Land Assessment | $4,153,447 CAD | Total Assessment | $5,908,349 CAD |
Property Taxes
Parcel Number
2424-009-044
Land Assessment
$4,153,447 CAD
Improvements Assessment
$1,754,903 CAD
Total Assessment
$5,908,349 CAD
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