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

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$13,000,000

Est. payment - /mo

7,801 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR25063835

HOA Y/N No

Year Built 1988

Lot Size 7,801 Sqft

Property Sub-Type Apartment

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

Zoning LARD2

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 35.0

Garage Description 35.0

Pool None

Community Features Suburban, Urban, Valley

Total Parking Spaces 35

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2421019003

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Cindy Hill • Equity Union • 818-640-4360

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Serving Southern California

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