12640 Riverside Dr Valley Village, CA 91607

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.