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4624 Cahuenga Boulevard

Toluca Lake, CA 91602

$10,750,000

List Price

62

bed Beds

62

shower Baths

35,860 sqft

straighten / sqft

1968

calendar_month Built

Property Description

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 Information

List Price $10,750,000
Status Active
MLS 24445033
Type Residential Income
Year Built 1968
Lot Size 31,509
Structure Size 35,860
DOM 71
Courtesy Of Marcus & Millichap
Listing Agent Brett Sanson DRE#01387480
Co-Listing Agent Jeffrey Louks DRE#00908473

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 62
Total Bathroom
Bathrooms 62
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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Listing information courtesy of: Brett Sanson, Jeffrey Louks, Marcus & Millichap 818-212-2785. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 4:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.