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Property profile & analytics
FOR SALE
Race tracks

1830 Riverside Dr Glendale, CA 91201

21,560 SF 1.08 ac lot Built 1973
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US10-0412385
Property summary
AI-generated overview

This exceptional 1.08-acre property at 1830 Riverside Drive in Glendale, CA, presents a rare opportunity to acquire a fully operational equestrian facility. Boasting approximately 21,560 square feet of building space, the property includes roughly 100 box stalls, offering ample room for expansion and customization. Built in 1973, the sturdy construction ensures longevity. The property benefits from a convenient location, with a Walk Score of 75, providing easy access to Griffith Park and the Los Angeles Equestrian Center. The site also features 36 dedicated parking spaces. Zoned RC (Rancho Commercial), this property is ideal for various equestrian-related businesses. The asking price is $3,750,000, representing a significant investment opportunity within Glendale's prestigious Rancho Equestrian Community. The property is offered fee simple with month-to-month lease options and is currently multi-tenant with a gross lease structure. This is a unique chance to own a piece of equestrian history in a thriving community, just a short distance from major businesses including Disney HQ, St. Joseph's Hospital, and DreamWorks. The property's size and location make it an attractive investment for both established equestrian businesses and those looking to enter the market. The property's APN is 5625-031-010.

Property profile
Verified
Property type Race tracks
Use group RACE TRACK (AUTO, DOG, HORSE)
Year built 1973
Construction WOOD
Total area 21,560 SF
Lot 1.08 ac (47,058 SF)
Zoning code GLCA*
APN 5625-031-010
UPID US10-0412385
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Triple R Boarding Stables Kennel & Boarding Facility Animal Training
  • Premier Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$627k
Blend (final) Blend
$620k
Owner & transaction history
Triple R Stables LLC · 23 yrs held
Triple R Stables LLC
since 2003
1 recorded transaction
2003
Price N/A
Zoning & alternative use
GLCA* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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