

Price Reduced | Prime W. Toluca Lake, CA
Value-Add | 8 Units | West Toluca Lake CA
Marketing description
Investment highlights
• 8-unit multifamily property in prime North Hollywood / West Toluca Lake location
• First time on the market in more than 50 years
• Excellent unit mix: five (5) 1-bedroom units, two (2) 2-bedroom / 2-bath units, and one (1) 3-bedroom / 2-bath unit
• Approximately 7,236 SF building situated on a 7,500 SF lot
• LAR3 zoning offering long-term redevelopment potential
• Built in 1962 with functional and easy-to-manage layout
• Four (4) vacant units providing immediate value-add opportunity
• Roof replaced in 2024
• Upgraded copper plumbing throughout the building
• Soft-Story seismic retrofit completed
• No SB 721 balcony inspection requirement
• On-site community laundry room for additional income
• Strong rental demand location near major employment centers
• Ideal for investors seeking repositioning or long-term hold strategy
• Located near public Transportation - TOC Tier 3
• Located near the highly desirable Toluca Lake neighborhood
• Minutes from NoHo Arts District dining, entertainment, and retail amenities
• Close proximity to Universal Studios, Burbank Media District, and Studio City
• Easy access to the 101, 134, and I-5 freeways
• Near Metro Red Line providing convenient transit access to Hollywood and Downtown LA
• Surrounded by entertainment, media, and creative employment hubs
• Strong tenant demand driven by proximity to studios and production facilities
• Walkable neighborhood with restaurants, cafes, and neighborhood services nearby
• One of the San Fernando Valley’s most active and improving rental submarkets
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