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    12840 Riverside Dr Los Angeles, CA 91607

    Sponsored
    For Lease
    Contact for pricing

    Los Angeles Medical Office Space For Lease

    Lot size:
    5,543 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office building, located at 12840 Riverside Drive in Valley Village, CA 91607, presents a unique leasing opportunity in the desirable East Valley submarket of Los Angeles County. The property, known as Village Medical Center, offers a total of 5,543 square feet across three suites, providing flexibility for various medical practices. Currently, 1,350 square feet are available for lease, with a minimum divisible space of 402 square feet and a maximum contiguous space of 948 square feet. This allows for adaptability to suit the needs of both established and emerging medical businesses. The building benefits from ample parking, with a ratio of 3 spaces per 1000 square feet, and unreserved parking is available for an additional monthly fee of $110.00. The property's convenient location in the East Valley provides easy access to major transportation routes and a thriving patient base. This is an excellent opportunity to establish or expand a medical practice in a well-maintained and strategically located building. The property is classified as a multi-tenant medical office building. Interested parties are encouraged to inquire about lease terms and availability. The property is situated in Los Angeles, California within Los Angeles County.

    Property Features for 12840 Riverside Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,543 SF

    Unit(s) available at that property

    Space
    Suite 201
    Size
    402 SF
    Space
    Suite 204
    Size
    948 SF

    HighLights

    • Common area renovations are complete.
    • Professional property management is in place.
    • The building enjoys a central location near the 101 Freeway and Coldwater Canyon.
    • Five regional hospital campuses are within eight miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4126539
    Latitude
    34.1573167

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    FAQs

    What type of property is this?
    Medical office - Los Angeles Medical Office Space For Lease
    Where is this medical office located?
    The property is located at 12840 Riverside Dr Los Angeles, CA.
    What are key features of this property?
    This property features: Common area renovations are complete.; Professional property management is in place.; The building enjoys a central location near the 101 Freeway and Coldwater Canyon.
    Request Owner's contact information
    12840 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
    12840 Riverside Dr Los Angeles, CA 91607
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