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.

Listing courtesy of Brett Sanson of Marcus & Millichap

Based on information from the The MLS as of 2024-11-21 12:25 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.