Description
We are proud to represent this 39 unit property in toluca lake.
the property was constructed in 1988. its unit mix consists of (10) 1+1 units, (12) 1+2 units, (3) 2+1 units, and (14) 2+2 units. with a lot size of 7,798 square feet, the property has a total of 38,043 rentable square feet. there is substantial upside in existing rents and there is a 672 one bedroom one bath leasing office that is not being used that could potentially be converted to an adu.
the building features fireplaces, balconies, secured parking, central hvac, a fitness center, outdoor bbq and a pool. third floor units have lofts. the building currently has 12 vacancies and are in rent ready condition and a new owner has the opportunity to completely update the units.
toluca lake is a tranquil and friendly community, nestled between north hollywood and burbank. the neighborhood boasts a shopping district with excellent cocktail bars, sushi restaurants, and homey cafes and diners, all of which give it a manageable yet interesting atmosphere. toluca lake’s residential streets have a relaxed feel. the neighborhood’s residents also have quick access to the 134, 101, and 170 freeways.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49236478
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1988
- Building Area Total: 38,043
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1791
- Lot Size Source: Assessor
- Lot Size Square Feet: 7800
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Listing Information
Listing Price Information
- Original List Price: 13,000,000
- Listing Contract Date: 2025-03-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2421019003
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: TUL - Toluca Lake
- Directions: In Great Toluca Lake rental pocket
- Zoning: LARD2
- Source Property Type: Residential Income
- Area: TUL - Toluca Lake
- Property SubType: Apartment
Building and Construction
- Property Age: 37
- Common Walls: 1 Common Wall
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/17/2025 @ 15:03
- MLS: SR25063835
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 38,043 sqft, 7,800 sized lot, and 35 parking. are nearby neighborhoods.