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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
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nacha@
nacharealestate.com
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Toluca Lake CA Real Estate & Commercial for Sale

The median home value in Toluca Lake, CA is $872,500. The national median home value is $308,980. The average price of homes sold in Toluca Lake, CA is $872,500. Toluca Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Toluca Lake real estate agent to arrange a tour today!
Learn more about Toluca Lake.


Showing Homes Nearby Toluca Lake, CA
Beds:
n/a
Baths:
Sq.Ft.:
3,848
Status:
Active
MLS#:
CRGD23191723
Type:
Mixed Use, Business Opportunities
Lot size:
0.18 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Bob Kasumyan - Precise Real Estate Investments Bob Kasumyan bob.precise@gmail.com
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Huge Price Reduction. Located in the vibrant Toluca Lake, this property is at the center of it all. Precise Real Estate Investments is pleased to offer for sale 10730 Riverside Drive, an extremely rare medical/mixed use building. This remarkably well maintained, pride of ownership property offers an owner/user the opportunity to occupy approximately 1,490sqft of space while collecting income from a larger medical tenant and from a residential tenant. The current owner occupies approximately 1,900sqft and would consider a lease back. The residential unit has been recently renovated and can be rented for an immediate income at a fair market rate. For all questions, please contact the listing broker.

Beds:
n/a
Baths:
Sq.Ft.:
1,869
Status:
Active
MLS#:
CRSR24001167
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Susan Ruda - Pinnacle Estate Properties, Inc. Susan Ruda zamboruda@pinnacleestate.com
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This property has 2 APN numbers and must be sold together (APN 2419-020-004 and APN 2419-020-005). Multiple buildings on property. Total lot square footage is approximately 11,860 sq. ft. and total building square footage is approximately 3702 sq. ft. Building is currently being used as a school. Located in the heart of North Hollywood with close proximity to Toluca Lake and Studio City, the 170 and 134 freeways. Owner will not carry. Buyer to perform due diligence with the County of Los Angeles and all public records regarding lot and building dimensions.

Beds:
n/a
Baths:
Sq.Ft.:
3,449
Status:
Active
MLS#:
CL24347833
Type:
Business Opportunities
Lot size:
0.27 Acres
Year built:
1939
A broker reciprocity listing Courtesy: Craig Strong - Compass Craig Strong info@strongrealtor.com
View additional info

Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss o

Beds:
n/a
Baths:
Sq.Ft.:
6,632
Status:
Active
MLS#:
CRSR24040811
Type:
Business Opportunities
Lot size:
0.22 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Collin St Johns - Pinnacle Estate Properties Collin St Johns csj24seven@gmail.com
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Incredible Toluca Lake offering!! Soft Story Retrofit complete. Located south of Camarillo / East of Lankershim / West of Cahuenga. 9 Total Units (2 separate buildings). Building 1: 7 units, and Building 2: 2 units. Gated driveway, on-site parking for 9 cars, and an income generating laundry room. Unit mix: (3) 2+1 units, (4) 1+1 units, and (2) studios. Highly accessible to the 134, 101, & 170 freeways, close to the studios, and approximately 1 mile from the Metro station. Walk Score of 85.

Beds:
n/a
Baths:
Sq.Ft.:
4,728
Status:
Active
MLS#:
CRSR24048424
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Amir Ladjevardi - Beverly and Company, Inc. Amir Ladjevardi amirlaji@yahoo.com
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LAC2 zoning, corner property great for future development, Exceptional investment opportunity awaits in one of most sought-after neighborhoods. This five unit building, ideally situated near the vibrant shops and restaurants presents a unique opportunity for investors, buyers and builders. Comprised of three 2 bedrooms and two 1 bedrooms and 5 parking spaces. The true potential can be seen with current rental market values in the neighborhood. Tenants are month-to-month, pay rent on time and will remain in place. Seller sates building needs retrofitting within next 2 months and the cost is around $40k.

Beds:
n/a
Baths:
Sq.Ft.:
1,925
Status:
Active
MLS#:
CL24387305
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Daniel Hirth - KW Advisors Daniel Hirth Daniel@HirthGroup.com
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Built in 1948, this property is approximately 1,925 square feet of building sitting on roughly 2,672 square foot of land, featuring rear parking. Currently the property is occupied by, Splatter Haus, which is under a month-to-month agreement. Additionally, the property showcases two (2) electrical meters, two (2) HVAC units, and two (2) bathrooms, which offers the opportunity of subdividing the building.3108 W Magnolia Boulevard allows an owner-user to capitalize on the demand for retail/office space in the heart of the Magnolia Park District of Burbank! For an owner/user taking advantage of SBA financing with as little as 15% down is the ideal situation. Additionally, there is potential for an owner user to occupy 51% of the building and lease the remaining space for passive income. With Burbank's' initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax. * Buyer to confirm tax benefits with the city of Burbank. Buyer to perform own due diligence and verify all information.

Beds:
n/a
Baths:
Sq.Ft.:
750
Status:
Active
MLS#:
CRBB23174267
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Gemin Keshishi - Gemini Reality Gemin Keshishi geminireality1@gmail.com
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Turnkey Auto Body Shop & Prime Commercial Property - Your Opportunity Awaits!! Unlock the doors to success with this rare gem! This commercial free-standing building is your one-stop-shop for entrepreneurial triumph. Nestled in a High-traffic area.Fully-equipped auto body shop ready for action. High visibility and accessibility for maximum foot traffic. Ample parking for convenience. Prime location with growth potential. Whether you're an industry pro, looking to expand or a savvy investor seeking a lucrative venture, this is your golden ticket! Don't miss out on this dynamic duo a thriving business and a valuable property in one.

Beds:
n/a
Baths:
Sq.Ft.:
750
Status:
Active
MLS#:
CL24385089
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Kenneth Margolis - Highland Premiere Real Estate Kenneth Margolis k.margolis@sbcglobal.net
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Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.

Beds:
n/a
Baths:
Sq.Ft.:
755
Status:
Active
MLS#:
CL24385085
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1944
A broker reciprocity listing Courtesy: Kenneth Margolis - Highland Premiere Real Estate Kenneth Margolis k.margolis@sbcglobal.net
View additional info

Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.

Beds:
n/a
Baths:
Sq.Ft.:
4,675
Status:
Active
MLS#:
CL24378785
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1931
A broker reciprocity listing Courtesy: Dennis Adelpour - Berkshire Hathaway HomeServices California Properties Dennis Adelpour Dennis@AdelpourGroup.com
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Bow Truss architectural gem in the heart of the NOHO Arts District. This property features a wide open design with exposed beams and polished concrete floors - with 4,675 square feet on the ground level, plus a large loft/mezzanine area situated on a 6,003 SF lot. Ideally located directly in the densely populated and thriving Arts District just steps to Amazon Fresh, WeWork workplace, Laemmle 7 theaters, and talks of a soon to come 7-story hotel featuring commercial space and 125 rooms. 5018 Lankershim benefits from excellent visibility and 56 feet of frontage along highly trafficked Lankershim Blvd and is within the State Enterprise and Opportunity Zone. The property features 2 parking spots in the back with the possible potential to expand with reconfiguration to the rear of the building - in addition to 2 private offices, 3 bathrooms, and plenty of storage. Property is currently owner occupied and can be delivered vacant.

Beds:
n/a
Baths:
Sq.Ft.:
1,925
Status:
Active
MLS#:
CRBB24040739
Type:
Office, Business Opportunities
Lot size:
0.06 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Stefan Doomanis - Barry Burnett Realty, Inc. Stefan Doomanis stefan@barryburnett.net
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Office and Warehouse Presenting 3608 W. Burbank Blvd, a highly visible commercial property in Burbank, CA. With ample parking, excellent signage opportunities, and a versatile layout, this property is well-suited for businesses seeking maximum exposure and a prime location.

Beds:
n/a
Baths:
Sq.Ft.:
3,590
Status:
Active
MLS#:
CL24386557
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Jeanette Monfared - Marcus & Millichap Jeanette Monfared Janette.Monfared@marcusmillichap.com
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INVESTMENT HIGHLIGHTS: Rare Offering Located South of the Boulevard in the Hills of Studio City; Corner Property with Expansive City Views; Three Separate Structures with Private Garages; Front Structure and the Rear Building each contain a Main House with Large Private Garden and Views; Peaceful Daytime Greenbelt Views; Sparkling Night time City Light Scenery; Residences are Extremely Bright with Multiple Windows and Sliding Glass Doors overlooking the City; All units Feature Private Yards, Individual Washers, Dryers, and Water Heaters; New Roof on Two Buildings; Copper Plumbing in Four Units; Front House is Gated and has beamed Ceilings, Formal Dining Room and a Fireplace; Rear House is Gated with Sliding Glass Doors opening up to a Large Private Garden; One Unit Delivered Vacant; No Seismic Retrofit Required; Very Low Operating Expenses; No Gas or Trash Bills, Low Water Charges.

Beds:
n/a
Baths:
Sq.Ft.:
2,111
Status:
Active
MLS#:
CRSR23204561
Type:
Mixed Use, Business Opportunities
Lot size:
0.06 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Victor Sampson - Coldwell Banker Quality Properties Victor Sampson victorsampson@yahoo.com
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Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!

Beds:
n/a
Baths:
Sq.Ft.:
1,400
Status:
Active
MLS#:
CRBB24075081
Type:
Mixed Use, Business Opportunities
Lot size:
0.05 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Barry Burnett - Barry Burnett Realty, Inc. Barry Burnett Barry@BarryBurnett.net
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TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meter

Beds:
n/a
Baths:
Sq.Ft.:
17,690
Status:
Active
MLS#:
CL24383033
Type:
Business Opportunities
Lot size:
0.51 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete info@laaa.com
View additional info

We are proud to present 5020 Tujunga Avenue - a value add real estate opportunity located in North Hollywood, CA. The 40 unit building is comprised of 15- Bachelors 24- Studios complimented by 1- 1 bedroom unit. Constructed in 1965, the property spans 17,690 gross square feet, and is set on a 0.51-acre lot. The property has ample parking spots for tenants with easy access through an alley that leads behind the property. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, intercom, storage spaces, laundry facilities, pool, maintenance & manager on-site, walk-in closets and balconies.One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 35% below the market rate, presenting a significant opportunity for the buyer. Assuming the buyer can turn over all units and achieve market rents throughout, we estimate that the units could bring in about $77,000 in gross rental income each month, or about $927,000 per year, increasing the buyer's CAP rate to 8.05%!The location of 5020 Tujunga Ave in North Hollywood is particularly noteworthy. Nestled in a vibrant and evolving area, this property benefits from its proximity to key commercial and entertainment hub

Beds:
n/a
Baths:
Sq.Ft.:
1,986
Status:
Active
MLS#:
CRSR23043371
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1939
A broker reciprocity listing Courtesy: Jordan Johnson - Rodeo Realty Jordan Johnson jordan@jordansellsla.com
View additional info

Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.

Beds:
n/a
Baths:
Sq.Ft.:
6,364
Status:
Active
MLS#:
CRCV23161239
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Nicholas Nasser - AGENCY 8 REAL ESTATE GROUP Nicholas Nasser nicholasnasser01@gmail.com
View additional info

Welcome 4087 Tujunga Avenue a remarkable 7-unit multi-family asset nestled in the heart of Studio City, the most coveted submarket within the vibrant San Fernando Valley. Boasting a diverse unit mix including 3, 2, 1-bedroom, and Studio layouts, each recently renovated with sleek modern appliances and luxurious hardwood floors, this property epitomizes contemporary living at its finest. Strategically located at the base of the illustrious Hollywood Hills and mere minutes away from major production studios, this locale possesses an undeniable allure, drawing a wide array of desired tenants and ensuring rapid occupancy for any vacant units. The benefits for the new owner are substantial a stable, low-risk investment generating impressive income with minimal tenant turnover.

Beds:
n/a
Baths:
Sq.Ft.:
5,069
Status:
Active
MLS#:
CRP1-17200
Type:
Business Opportunities
Lot size:
0.12 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Casey Picard - Keller Williams Realty Casey Picard casey.picard@aggregateip.com
View additional info

Located on Willowcrest Avenue in North Hollywood, California, this multifamily investment is a great opportunity for those looking for a clean building with updated electrical and complete seismic retrofit. Offering a unit mix of (7) - 1 bed / 1 bath and (1) - studio / 1 bath a buyer will have the opportunity to capture huge rental upside through renovations.

Beds:
n/a
Baths:
Sq.Ft.:
28,381
Status:
Active
MLS#:
CL24374371
Type:
Business Opportunities
Lot size:
0.39 Acres
Year built:
2018
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete info@laaa.com
View additional info

We are proud to present "The Fair", a 15-unit condominium property located at 5630 Fair Ave in North Hollywood, CA. Built in 2018 to condo specifications, this property is 100% free of all rent control. The 28,381 sqft building sits on a 0.39 acre lot, and it boasts an excellent unit mix of all 3 bed / 2 bath condos. The 15 condos are split into 5 different floor plans ranging from 1,460 sqft to 1,574 sqft, with the average of 1,502 sqft. Of the 15 units, 13 are market-rate and 2 are low-income restricted.The property has gated parking on the ground floor with three levels of residential above. Each of the three residential floors have 5 condos with a stacked design. These well designed condos feature new stainless steel appliances, an in-unit washer/dryer, an open-plan kitchen and dining area, a large living room with wood-inspired vinyl floors, and a balcony. Central air conditioning, modern finishes, and a host of amenities including an elevator, covered parking, video surveillance, and more, ensure a safe and comfortable living environment for the tenants. The property has 8 KWP solar panels and EV Chargers, both of which provide additional income. Currently, these condos are being operated as apartment rents and bringing in a combined $48,000 in monthly rent. If the investor

Beds:
n/a
Baths:
Sq.Ft.:
4,391
Status:
Active
MLS#:
CRSR24084657
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Reza Ghobadi - Reza Ghobadi Reza Ghobadi reza.ghobadi@colliers.com
View additional info

This charming 5-unit apartment building is located at 11613 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1953, this building offers on-site laundry facilities. The unit mix is comprised of three 1bedroom/1bathroom and two 2bedroom/1bathroom units totaling approximately 4,391 rentable square feet on approximately 6,000 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, new sewer lines, and the soft story retrofit in 2019. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11617 and 11621 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Gol

Beds:
n/a
Baths:
Sq.Ft.:
3,100
Status:
Active
MLS#:
CRSR24084680
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1945
A broker reciprocity listing Courtesy: Reza Ghobadi - Reza Ghobadi Reza Ghobadi reza.ghobadi@colliers.com
View additional info

This charming 5-unit apartment building is located at 11621 1/2 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1945, this building has a unit mix comprised of one studio, three 1bedroom/1bathroom and one 2bedroom/1bathroom unit totaling approximately 3,100 rentable square feet on approximately 6,728 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, and new sewer lines. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11613 and 11617 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Golf Club, Weddington Golf Club and The Shops at Sportsma

Beds:
n/a
Baths:
Sq.Ft.:
4,337
Status:
Active
MLS#:
CRSR24052054
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Richard Valdez - Valdez Realty Richard Valdez Realtorvaldez@gmail.com
View additional info

5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New windows installed this year. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.

Beds:
n/a
Baths:
Sq.Ft.:
8,402
Status:
Active
MLS#:
CL24343853
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Ryan Fitzgerald - Vylla Home, Inc. Ryan Fitzgerald Ryan@RyanSellsLA.com
View additional info

PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.

Beds:
n/a
Baths:
Sq.Ft.:
5,635
Status:
Active
MLS#:
CRBB24009352
Type:
Business Opportunities
Lot size:
0.32 Acres
Year built:
1949
A broker reciprocity listing Courtesy: David Nalbandyan - LA Premier Realty David Nalbandyan info@lapremierrealty.com
View additional info

We are pleased to present an extremely unique multi family property that provides cash flows, significant rental upside, ADU opportunities, attractive unit mix, and a low assumable interest loan. Settled on a 14K lot with 100 Feet frontage and access from both Klump Ave and Fair Ave, this property offers 7 existing units consisting of Two (2) Single Family Houses that have been completely remodeled from the exterior and interior, One (1) 1 Bedroom ADU with Certificate of Occupancy and Four (4) 1 Bedroom Bungalows. In addition, it offers Two (2) fully approved ADU plans with Ready-to-Issue (RTI) permits for an easy value add opportunity to make this a 9 Unit property with proforma rent of $266K annually. All units have private laundry hook-ups inside the units, no common walls, and yard space. Take advantage of an attractive assumable loan of 3.80% Interest only with over 3 years of term remaining, offering immediate cash flow unlike anything else on the market.

Beds:
n/a
Baths:
Sq.Ft.:
7,532
Status:
Active
MLS#:
CL24386419
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Zachary Rosen - Marcus & Millichap Zachary Rosen Zachary.Rosen@marcusmillichap.com
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Marcus and Millichap is proud to present the opportunity to acquire 4710 Colfax Avenue, a timeless 8-unit apartment community set in a highly accessible pocket of North Hollywood. Located amongst a diverse set of single family homes, high-end condominiums, and low-density multifamily buildings, the property offers renters a special mix of a suburban and urban landscape. The property lies less than a ten-minute drive to Toluca Lake, Sherman Oaks, Valley Village, and Studio City. The property sits just minutes from the 101 and 170 intersection providing renters with swift access to Downtown Los Angels, Hollywood, Burbank, and other major employment hubs of L.A. County. Renters enjoy the close proximity to the world class amenities of the North Hollywood Arts District, Studio City's Silver Triangle and the endless array of shops and restaurants along Ventura Blvd in Sherman Oaks just a few miles away. The property boasts a great walk score of 78 allowing most errands to be accomplished without the need for a car. The property improvements are comprised of an approximately 7,532 +/- square foot wood frame and stucco structure on a roughly 9,800 square foot lot. The property features an outstanding unit mix of one (1 bed +1 bath ), six (2 bed +1.5 bath ), and one (3 bed + 2 bath) unit


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/10/2024.

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