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$2,895,000
BB22205910 MLS Active Status
5122 Cahuenga is a gorgeous and ENORMOUS 2018 fourplex in upscale Toluca Lake. This is one of a very small handful of new constructions located in the confines of actual “Toluca Lake”. This celebritystudded area has very minimal apartment inventory and as a result, very high demand. Situated walking distance from the many neighborhood destinations in Toluca Lake, North Hollywood and Burbank, this property has consistently drawn high quality tenants since its inception. The current occupants are extremely friendly, prompt in rent payment, and keep their units in prime condition. In addition to having an unbeatable location, 5122 Cahuenga offers countless other perks, including no rent control, a 4.52% current cap rate with significant upside (conservative pro forma cap rate of 4.80%), unbeatable floorplans, all appliances included (including washers/dryers), sleek finishes, separate meters for gas, water & electric, and extreme desirability amongst renters. This sleek, easy to manage fourplex is made up of one 3-story duplex containing two 3 bedroom/2.5 bathroom townhomes that come with private 2-car garages (a major bonus for renters) and one 2-story duplex containing two 3 bedroom/2.5 bathroom townhomes that each come with 2 partially covered spots accessed from a convenient back alley. With SB-8 in effect, less fourplexes are being built, making properties like this an even more rare and hot commodity. Between the dream Toluca Lake location and the amazing floorplans, this is the new construction you’ve been waiting for!

5122 Cahuenga Boulevard, Toluca Lake

$1,350,000
3 Beds 4 Baths GD22185948 MLS Active Status
Welcome to Toluca Lake Villas! Located at 10612 Bloomfield Street (Site Address), Toluca Lake. 7 brand new luxury homes beautifully situated in a private community with secure car and pedestrian gate access. All homes feature an open floor plan, high ceilings, custom finishes and Thermador kitchen appliances. These beautiful tri-level homes have their own private 2 car garages. You will find beautiful wide-plank hardwood oak flooring throughout the homes. The entrance leads to a spacious bedroom with its own bathroom that can also be used as a private office space. The main level has an open floor plan with a spacious living and dining area, powder room and modern chefs kitchen. The kitchen is designed with European high gloss cabinetry, quartz counter-tops, waterfall peninsula, Kohler stainless steel sink and 36” built-in refrigerator. The upper level leads you to a spacious master bedroom, a laundry room and an additional bedroom/bathroom. The master has a walk-in closet with custom built-in closets and an elegant bathroom featuring dual vanities and a large walk-in shower. The bathroom’s high-end features include Kohler sinks and toilets, Hansgrohe faucets and showerhead, as well as European super-matte cabinetry and quartz countertops. A sun-drenched private roof top deck with views of Toluca Lake perfect for entertaining with access to gas, water & power completes these homes. The homes feature energy efficient Jeldwen double paned large windows and sliding doors and an energy efficient Navien tankless water-heater as well as being car-charger and solar panel ready. Situated in the heart of Toluca Lake, these homes are on a quiet tree lined street in a charming neighborhood. Just minutes away from some of the valleys best restaurants, bars and shopping. Centrally located to the Westside, Glendale and Downtown Los Angeles. Experience upscale, luxurious living in this modern, beautifully designed brand new homes!

10612 Kareen Court, Toluca Lake

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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