$10,750,000
 $57,708 forsale estimated payment Sourced by Back At You

4624 Cahuenga Boulevard , Toluca Lake, CA 91602

Toluca Lake, CA 91602

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Description

We are proud to present this rare opportunity to own a 32-unit apartment building located in a prime Toluca Lake location. Built in 1968, the property is subject to LA City Rent Control. The building features an excellent unit mix with 30 two-bedroom, two-bath units and 2 one-bedroom, one-bath units. Each apartment offers spacious floorplans, central A/C & heat and attractive finishes to add to the desirability of the property. The property offers residents attractive amenities such a pool, courtyard, gym, BBQ area, intercom access, on-site laundry facility and plenty of subterranean and open parking (66 Spaces total). Additionally, there is leasing office at the property which helps the owner, manager and tenants facilitate the best living and management experience possible. In addition to the desirable features of the property, residents benefit from an excellent location that provides easy access to endless shopping, dining and entertainment options of Universal Studios, Universal City, and busy thoroughfare of Ventura Blvd. This is a unique opportunity to acquire a very well-located asset with long term ownership and significant upside potential.

Details

Mls24445033
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1968
Days On Site78
Listing Provided ByMarcus & Millichap 818-212-2700 | Brett Sanson

Features

Beds62
Baths62
Sq Feet35,860
PoolYes
Storys3
Units32
Buildings1
ZoningLAR3
Acreage0.72

Market Activity 91602

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityToluca Lake
Zip Code91602
AreaTUL Toluca Lake
Listing VS Median (in 91602)
Price:
$10,750,000
low | high
Med:
$649,000
100% of Average
SqFt:
35,860
low | high
Med:
1,206
100% of Average
$ / SqFt:
$300
low | high
Med:
$538
29.514366153727% of Average
On Site:
78
low | high
Med:
64.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 2:40:23 PM PST
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