10611 Landale Street

North Hollywood, CA 91602

  • 5 Bed(s)
  • 0 Bath(s)
  • 4,114 Sqft
  • 9922
    Sqft(Lot)
$1,495,000

Description

We are proud to present 10611 landale st, a primely located 5 unit multifamily property in the toluca lake neighborhood of los angeles. this rent controlled property was last sold in 1999, allowing buyers the chance to purchase a generational asset that hasn't been sold in 25 years!built in 1951, this 4,114 square foot property sits on a 9,922 square foot lot (0.23 acres), and it boasts a strong unit mix of (3) 1 bed / 1 bath units, (1) studio, and (1) very large 2 bed / 1 bath unit that comes with a living room, dining room, and a den - the den is currently being used as a 3rd bedroom. the units are split between two different structures. the structure at the front of the lot houses the three 1-bedroom units, and the structure at the back has the smaller studio unit and the very large upstairs 2-bedroom unit. also at the back are 5 private 1-car garages. the property has been very well taken over the decades of ownership. the roof, electrical, and plumbing systems are in good working order and the seller already completed the seismic retrofitting for the property in 2020.10611 landale offers a strong value add play for investors. there's over 20% upside potential on the current units, and this property could be perfect to add units by converting some or all of the garages to adus. situated in the highly walkable greater toluca lake neighborhood with an impressive 83 walk score, the property is just steps away from popular parks like south weddington park and woodbridge park. tenants will appreciate the convenience of nearby amenities and access to riverside drive and cahuenga boulevard. this prime location, combined with rental upside and adu potential, makes 10611 landale st a rare investment opportunity in one of los angeles' most desirable neighborhoods.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47076717

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1951
    • Building Area Total: 4,114

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2278
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9922

  • Listing Price Information

    • Original List Price: 1,495,000
    • Listing Contract Date: 2024-10-01

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2423003011

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: TUL - Toluca Lake
    • Postal Code Plus 4: 2300
    • Directions: Landale & Cahuenga
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: TUL - Toluca Lake

    Building and Construction

    • Property Age: 73
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4114
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/22/2024 @ 01:02

  • MLS: 24447451
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is recently sold, it has 4,114 sqft, 9,922 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Toluca Lake , in zip code 91602, this Los Angeles County Home are nearby neighborhoods.