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Christopher Rizzotti
DRE#: 01298167
Burbank, CA 91505
818-262-5446

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Listing 15 out of 33
$1,550,000 Active Under Contract

4376 Cahuenga Boulevard
Toluca Lake, CA 91602

3 units | Multi Family Home
5920 sq ft - MLS# SR18289840
Property Photo
1/10

Description

Opportunity is knocking! Superb Toluca Lake location. Two apartment units + Single family home. The two units are one bed + one bath. The SFR is two beds + 2 baths. Built in the 1940’s these charming units include hardwood floors, tile counter tops, and patios. Zoning is R4 and two adjacent properties to the south of this address are also available for sale and can be purchase together. This property is located in the sought after, celebrity-packed city of Toluca Lake. Both rental and residential sale markets are unbeatable in this area. Million dollar homes around the corner! The property is minutes from Universal and Burbank Studios, Toluca Lake Village with an abundance of restaurants and stores, the NoHo Arts District, Tujunga Village, and Studio City’s main hub at Ventura Blvd and Laurel Canyon. Do not disturb occupants. Do not walk the property.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 91602
  • Year Built: 1949
  • Style: Traditional
  • Units: 3 units
  • # of Parking Spaces: 2.00
  • Lot Size: 5920 sq ft
  • Zoning: LAR4
  • Area: TUL - Toluca Lake
  • Appliances: Gas Oven, Gas Range
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2509.00
  • Building Area Units: Square Feet
  • Cap Rate: 1.41
  • Community Features: Sidewalks
  • Construction Materials: Stucco
  • Cooling: Wall Window
  • Cooling YN: Yes
  • Country: US
  • Directions: South of Moorpark, East side of Cahuenga Bl
  • Electric: Standard
  • Electric Expense: 1851.00
  • Flooring: Tile, Vinyl, Wood
  • Foundation Details: Raised
  • Fuel Expense: 1606.00
  • Garage Spaces: 2.00
  • Gardener Expense: 3840.00
  • Gross Income: 74736.00
  • Gross Multiplier: 20.73
  • Gross Operating Income: 74736.00
  • Gross Scheduled Income: 74736.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Inclusions: To be determined.
  • Insurance Expense: 2138.00
  • Laundry Features: See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 00641108
  • Listing Office License: 01836414
  • Lot Dimensions: 50 x 118
  • Lot Features: Lot Shape-Rectangular
  • Lot Size Area: 5918.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CN
  • Maintenance Expense: 21157.00
  • Net Operating Income: 21831.00
  • New Taxes Expense: 19375.00
  • Number Of Buildings: 2
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Wall AC: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 52905.00
  • Pest Control Expense: 750.00
  • Rent Control YN: Yes
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Expenses: 52905.00
  • Utilities: Natural Gas Available
  • Water Sewer Expense: 2163.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Exclusive Estate Properties In, Diane Eaton

818-262-5446 | Contact Me
Burbank, CA 91505
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