$1,650,000
$1,595,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
10526 Riverside DR Toluca Lake, CA 91602
5,962 Sqft Lot
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR21200924
Sold Date 10/14/21
Originating Board CRISNet
Year Built 1941
Lot Size 5,962 Sqft
Property Description
Investment properties in this prime location rarely come on the market. This corner lot, R-3 zoned, Toluca Lake fourplex has been in one family for over 40 years. Walk to the Aeirloom Bakery for breakfast, Trader Joe's and all the great eateries are just down the block. Universal and Warner Bros Studios are nearby and Hollywood is just over the hill. This is a golden opportunity for an owner-user or investor to own a clean four-unit property AND achieve market rents from day one! Recently painted and refreshed, three of the four units are being delivered vacant. Lushly planted with pleasant views from dual pane windows, pride of ownership is evident. Owner users can purchase this property with a low down payment! There are 3 one-bedroom units and 1 two-bedroom unit plus 4 one-car garage spaces. Units are separately metered for gas and electricity. The units offer spacious floor plans with hardwood floors, oven-ranges, plenty of storage, and wall-unit air conditioning and all the charm that comes only with a property built in the 1940's. Nearby 134, 101 and 170 freeways let you travel wherever you want to go. How many times have you heard "Location, Location, Location?" This is it!
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Interior
Heating Floor Furnace
Cooling None
Laundry Laundry Area, Community Facility, Washer/Dryer - Owned
Exterior
Garage Spaces 6.0
Pool None, 31
View None
Building
Water District - Public
Others
Tax ID 2424002024
Read Less
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Bought with Edwin Ordubegian