Hard-to-find property in the most desired location of Toluca Lake adjacent; Located within one block of Toluca Lake and West Toluca Lake communities; Walking distance to NoHo Arts District; Gated and secured with ample parking; Full copper plumbing; New water heater 2024; Newly installed electrical breakers; Newly resurfaced driveway to… Read More be completed in November 2025; Some units have private patios; Recently completed SCEP inspection; No Seismic Retrofit required; Large lot measuring 15,354 square feet; Ideal for addition of Accessory Dwelling Units; Strong in-place rents with upside due to area's desirability & access to transportation; Annual Rent Increase equal to CPI + 1%; Rent Increase of 5% in 2025; Master metered for Gas. Read Less
Property listed by Marcus & Millichap, Jeanette Monfared 818-212-2700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
22
Square Ft.
11,481
Lot Size
0.35 Acres
Year Built
1957
MLS Number
25609185
30 Days Snapshot Of 91602
$2.09M
+49%
(avg) sold price
17
+30%
homes sold
98
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 11,481, Levels: One, Living area: 11481, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $368,926, Net operating income: $238,750
Lot
0.3525 acres, 15,354 square feet, Size: 15,354
Parking
20 totals parking, Gated
Property
Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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