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    12034 Riverside Dr Los Angeles, CA 91607

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Office Space, San Diego County

    Lot size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    12034 Riverside Drive offers exceptional executive office space in Valley Village, California. This 9,000 square foot building is conveniently located adjacent to Gelson's Market and provides easy access to the 101 Freeway, ensuring convenient commutes for employees and clients. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. The building allows for flexible configurations, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 5,000 square feet. Three separate spaces are available, ranging in size to accommodate various business needs. Ample parking is available, with a ratio of four spaces per 1,000 square feet of office space. The property is situated in San Diego County, offering a desirable location for businesses seeking a blend of convenience and accessibility. This is an exceptional opportunity to secure high-quality office space in a prime location. The property's address is 12034 Riverside Drive, Valley Village, CA 91607. The building's classification is Office, with a subtype of Executive Office, and is suitable for multiple tenants. The property is ready for immediate occupancy.

    Property Features for 12034 Riverside Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,000 SF
    Total Rate
    21150

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    5,000 SF
    Rate per SF
    $28
    Space
    Entire Building
    Size
    9,000 SF
    Rate per SF
    $28
    Space
    1st Floor
    Size
    4,000 SF
    Rate per SF
    $28

    HighLights

    • Private restrooms.
    • Private entrance.
    • Kitchenette.
    • Suitable for light manufacturing/production.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    San Diego
    State
    California
    Longitude
    -118.3955434
    Latitude
    34.1573745

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, San Diego County
    Where is this office property / space located?
    The property is located at 12034 Riverside Dr Los Angeles, CA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Private restrooms.; Private entrance.; Kitchenette.
    Request Owner's contact information
    12034 Riverside Dr Los Angeles, CA 91607
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    Los Angeles, CA 91607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12034 Riverside Dr Los Angeles, CA 91607
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