Medical Office in Los
For Sale
$2,800,000
10730 Riverside Dr, North Hollywood, CA 91602
Medical office space available for sale in Los Angeles.
Property Size3,848 SF
Price / SF$727.65
Days on Market270
Property Features for 10730 Riverside Dr
General Information
Standard status
Active
Size
3,848 SF
Class
B
Property subtype
Office
Building Details
Building Size
3,848 SF
Listing Agency:
Lee & Associates - LA North - Ventura County
(818) 933-0303
Listed By:
Darren Casamassima · License #CalDRE #01425638
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 21
Last Checked: Aug 22 at 4:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - LA North - Ventura County
Investment Insights
Based on property information with market context.
A 3,848 square foot medical office is available for sale in Los Angeles. This property is suitable for an owner-user.
Key Highlights
- For sale, perfect for owner user.
- Ideal for medical practices.
- Located in Los Angeles.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,114
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,280
$1.7M
Cap Rate 7%
$1,201,629
$1.2M
Cap Rate 9%
$934,600
$934.6K
Market Conditions
NOI Build-Up for 3,848 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$147.8K $38.40/SF
− Vacancy
−$35.6K −$9.25/SF
EGI
$112.2K $29.15/SF
− OpEx
−$28.0K −$7.29/SF
NOI
$84.1K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,280
Cap Rate 7%
$1,201,629
Cap Rate 9%
$934,600
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,114 @ 7.0% cap · market cap 3.00%
Second Best
Healthcare Medical
$1.04M
$912.2K – $1.22M
NOI $72,973 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,214 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,712
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91602, CA
19,647
Population
10,791
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
2.0 sq mi
ZIP Area
9,824
Density / Sq Mi
$97,994
Median Household Income
$61,134
Median Earnings
$2,186
Median Rent
$1,104,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Family Veterinary Inc. — Los Angeles, CA 91602
- Unleashed Vaccination Clinic — 4821 Lankershim Blvd, North Hollywood, CA 91601
- Charleen Sweeney Animal R — 10637 Whipple St, North Hollywood, CA 91602, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space available for sale in Los Angeles.
Where is this medical office space located?
The property is located at 10730 Riverside Dr North Hollywood, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: For sale, perfect for owner user.; Ideal for medical practices.; Located in Los Angeles.
