Toluca Lake, CA 91602,10808 Sarah ST
$1,305,000
Est. payment /mo
$1,315,000
0.8%
Est.Price: ?

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3 Beds
3 Baths
1,672 SqFt
SOLD DATE : 10/13/2023

Key Details

Sold Price $1,305,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,672 sqft

Price per Sqft $780

MLS Listing ID BB23171108

Sold Date 10/13/23

Bedrooms 3

Full Baths 3

Construction Status Turnkey

HOA Y/N No

Year Built 1904

Lot Size 5,048 Sqft

Acres 0.1159

Lot Dimensions Assessor

Property Description

If you are looking for the smartest, most economical way to own a home in Toluca Lake, this property is the way to go! 10806-10808 Sarah St is made up of a charming front building containing 2 units (ideal for owner occupying), plus a brand new construction freestanding ADU that is rented for an outstanding $3,200! Live in the front unit (or units) while collecting rent from the back tenants to cover a huge chunk of your mortgage! Or rent out the whole thing for the best return you'll find in Toluca Lake.

10806 Sarah features a front duplex containing two fully renovated 1 bedroom, 1 bathroom units and a detached ADU that is 1 bedroom, 1 bathroom. Additionally, there is a garage that boasts potential to be converted into a 1 bedroom ADU (see photos for floorplans). With an ADU added, we are projecting the value of the property to jump up by $400,000, if not more! Enjoy other notable perks including: stainless steel appliances in the front units (owner will be adding), a large landscaped front yard, washers and dryer hook ups in all units, brand new solar panels for the ADU, well-designed open floor plans, 10ft vaulted ceilings, a brand new electrical panel, separate meters for all utilities (owner pays no utility costs!), and extreme desirability amongst renters for years to come!

With a major lack of new construction and renovated inventory under $2 million, this property is priced to sell fast at $1,315,000! Between the lack of inventory, charming residential neighborhood, and the major upside potential, this is an ideal newer construction property to act on ASAP!

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LARD1.5

Rooms

Main Level Bedrooms 3

Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Inside

Interior

Interior Features All Bedrooms Down

Laundry Location Washer Hookup,Electric Dryer Hookup,Inside

Cooling See Remarks

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Gas Range, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Garage Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Not Available, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N Yes

View Neighborhood

Porch Front Porch

Parking Type Driveway, Garage

Attached Garage No

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Landscaped

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories One

New Construction No

Construction Status Turnkey

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2421031001

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Elizabeth Maddox • The 2-4 Unit Specialists
Bought with Pablo Pomes • Provenio Realty and Investment

GET MORE INFORMATION

Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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