Homes for sale - 4651 Cahuenga BLD, Toluca Lake, CA 91602

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Cindy Hill • Equity Union

$13,000,000

Est. payment - /mo

7,800 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRSR25063835

Originating Board California Regional MLS

Year Built 1988

Lot Size 7,800 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Interior

Laundry Community Facility

Exterior

Garage Spaces 35.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 2421019003

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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4651 Cahuenga BLD Toluca Lake, CA 91602

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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