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12640 Riverside Dr Valley Village, CA 91607

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For Sale
$7,650,000

Two-story commercial building with parking and high visibility.

Type:Vacant-User
Property size:
17,500 SF
Lot size:
0.53 Acres
Price / SF:
$437/SF
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:38 am

Property Features for 12640 Riverside Dr

General Information

Standard status
Active
Size
17,500 SF
Lot size
0.53 Acres
Property subtype
Vacant-User

Building Details

Year Built
1964

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Listing Contact
Hannah Zager

Listing agent Hannah Zager License #CA: 02140677

Listing office Encino Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Encino Office


Overview

Freestanding Commercial Building with Parking

This freestanding, two-story commercial building offers approximately 17,500 square feet of space on a 0.53-acre parcel. The property features ample gated on-site parking with 31 dedicated spaces. Originally constructed in 1964 and extensively renovated in 1995 with over $1.5 million in upgrades, the property was modernized inside and out. In 2023, all sprinkler heads were replaced, and in 2024, a new roof system with a 25-year warranty was installed. The ground floor, approximately 8,750 square feet, currently functions as a warehouse and showroom and includes a serviced elevator. The upper floor, also approximately 8,750 square feet, offers an open layout suitable for a variety of uses. Both floors are divisible down to 4,375 square feet. The property is located just west of the Riverside Drive and Whitsett Avenue intersection, providing over 130 feet of frontage on a major east-west corridor with daily traffic exceeding 21,000 vehicles. It also has signage visibility from the 101 freeway, where traffic counts exceed 274,000 vehicles per day. Situated in a dense residential neighborhood, the site offers excellent visibility and accessibility. Transit improvements are underway nearby, including the planned light rail project along Van Nuys Boulevard, with phase 1 completion expected by 2031. This project will integrate with the Orange Line and is projected to serve roughly 50,000 passengers daily by 2040. The property is located within three miles of major developments, including the 25-acre NoHo West project and the proposed $1 billion, 16-acre Metro development in Downtown North Hollywood.
Location Intelligence

Current Use by Public Records

Naimie's - Valley Village Cosmetic Store lashes in a box Hair Salon

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Valley Village
County
Los Angeles
State
California
Longitude
-118.4087308
Latitude
34.1574516

FAQs

What type of property is this?
Mixed-use property - Two-story commercial building with parking and high visibility.
Where is this mixed-use property located?
The property is located at 12640 Riverside Dr Valley Village, CA.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: Freestanding commercial building with ample, gated on‑site parking (31 spaces).; High visibility location on Riverside Drive with over 130 feet of frontage and signage visibility from the 101 freeway.; Extensively renovated in 1995 with $1.5 million in upgrades, plus new roof (25‑year warranty in 2024) and sprinkler system (2023).
More about this property
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