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$10,750,000
Est. payment /mo
62 Beds
62 Baths
35,860 SqFt
UPDATED:
12/05/2024 04:37 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 35,860 sqft
Price per Sqft $299
MLS Listing ID 24445033
Bedrooms 62
HOA Y/N No
Year Built 1968
Lot Size 0.723 Acres
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.
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Gated, Uncovered
Pool Community
Community Features Pool
Total Parking Spaces 32
Private Pool No
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2420032012
Special Listing Condition Standard
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Listed by Brett Sanson • Marcus & Millichap