Toluca Lake CA Real Estate & Commercial for Sale

Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!

Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!

TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meters, but share gas and water meters. The alley access for the apartment promises quiet privacy with direct parking and easy in and out. An extremely sought after apartment in the extremely low vacancy rental market. Easy walkability and the perfect blend of commercial and residential charm! None others like it! SPECIAL NOTE= The business is not for sale, will not be closing, just relocating in town!

TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meter

We are proud to present 5020 Tujunga Avenue - a value add real estate opportunity located in North Hollywood, CA. The 40 unit building is comprised of 15- Bachelors 24- Studios complimented by 1- 1 bedroom unit. Constructed in 1965, the property spans 17,690 gross square feet, and is set on a 0.51-acre lot. The property has ample parking spots for tenants with easy access through an alley that leads behind the property. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, intercom, storage spaces, laundry facilities, pool, maintenance & manager on-site, walk-in closets and balconies.One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 35% below the market rate, presenting a significant opportunity for the buyer. Assuming the buyer can turn over all units and achieve market rents throughout, we estimate that the units could bring in about $77,000 in gross rental income each month, or about $927,000 per year, increasing the buyer's CAP rate to 8.05%!The location of 5020 Tujunga Ave in North Hollywood is particularly noteworthy. Nestled in a vibrant and evolving area, this property benefits from its proximity to key commercial and entertainment hub

Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.

Great Opportunity to own a retail location on Ventura Blvd. Property will be vacated for an owner-user or investor buyer. Prime Studio City/Ventura Blvd. address with a centralized location and close proximity to CBS, Universal, Hollywood & Tujunga Village. Plenty of on-street metered parking and two-hour/open parking at the side street on the east corner of Tropical Dr. Per LADBS, property contains a "grandfathered" provision allowing for any uses of 1/500 parking ratio or less, i.e., most retail and office uses - Buyer to verify. Property includes APNs 2378-021-005 & 2378-021-006. Listed square footage is estimated. Seller is selling property "as-is" and makes no warranties. Buyer to perform their own inspection(s) and due diligence.

Welcome 4087 Tujunga Avenue a remarkable 7-unit multi-family asset nestled in the heart of Studio City, the most coveted submarket within the vibrant San Fernando Valley. Boasting a diverse unit mix including 3, 2, 1-bedroom, and Studio layouts, each recently renovated with sleek modern appliances and luxurious hardwood floors, this property epitomizes contemporary living at its finest. Strategically located at the base of the illustrious Hollywood Hills and mere minutes away from major production studios, this locale possesses an undeniable allure, drawing a wide array of desired tenants and ensuring rapid occupancy for any vacant units. The benefits for the new owner are substantial a stable, low-risk investment generating impressive income with minimal tenant turnover.

Located on Willowcrest Avenue in North Hollywood, California, this multifamily investment is a great opportunity for those looking for a clean building with updated electrical and complete seismic retrofit. Offering a unit mix of (7) - 1 bed / 1 bath and (1) - studio / 1 bath a buyer will have the opportunity to capture huge rental upside through renovations.

We are proud to present "The Fair", a 15-unit condominium property located at 5630 Fair Ave in North Hollywood, CA. Built in 2018 to condo specifications, this property is 100% free of all rent control. The 28,381 sqft building sits on a 0.39 acre lot, and it boasts an excellent unit mix of all 3 bed / 2 bath condos. The 15 condos are split into 5 different floor plans ranging from 1,460 sqft to 1,574 sqft, with the average of 1,502 sqft. Of the 15 units, 13 are market-rate and 2 are low-income restricted.The property has gated parking on the ground floor with three levels of residential above. Each of the three residential floors have 5 condos with a stacked design. These well designed condos feature new stainless steel appliances, an in-unit washer/dryer, an open-plan kitchen and dining area, a large living room with wood-inspired vinyl floors, and a balcony. Central air conditioning, modern finishes, and a host of amenities including an elevator, covered parking, video surveillance, and more, ensure a safe and comfortable living environment for the tenants. The property has 8 KWP solar panels and EV Chargers, both of which provide additional income. Currently, these condos are being operated as apartment rents and bringing in a combined $48,000 in monthly rent. If the investor

This charming 5-unit apartment building is located at 11613 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1953, this building offers on-site laundry facilities. The unit mix is comprised of three 1bedroom/1bathroom and two 2bedroom/1bathroom units totaling approximately 4,391 rentable square feet on approximately 6,000 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, new sewer lines, and the soft story retrofit in 2019. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11617 and 11621 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Gol

This charming 5-unit apartment building is located at 11621 1/2 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1945, this building has a unit mix comprised of one studio, three 1bedroom/1bathroom and one 2bedroom/1bathroom unit totaling approximately 3,100 rentable square feet on approximately 6,728 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, and new sewer lines. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11613 and 11617 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Golf Club, Weddington Golf Club and The Shops at Sportsma

5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New windows installed this year. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.

PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.

PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.

PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.

We are pleased to present an extremely unique multi family property that provides cash flows, significant rental upside, ADU opportunities, attractive unit mix, and a low assumable interest loan. Settled on a 14K lot with 100 Feet frontage and access from both Klump Ave and Fair Ave, this property offers 7 existing units consisting of Two (2) Single Family Houses that have been completely remodeled from the exterior and interior, One (1) 1 Bedroom ADU with Certificate of Occupancy and Four (4) 1 Bedroom Bungalows. In addition, it offers Two (2) fully approved ADU plans with Ready-to-Issue (RTI) permits for an easy value add opportunity to make this a 9 Unit property with proforma rent of $266K annually. All units have private laundry hook-ups inside the units, no common walls, and yard space. Take advantage of an attractive assumable loan of 3.80% Interest only with over 3 years of term remaining, offering immediate cash flow unlike anything else on the market.

Marcus and Millichap is proud to present the opportunity to acquire 4710 Colfax Avenue, a timeless 8-unit apartment community set in a highly accessible pocket of North Hollywood. Located amongst a diverse set of single family homes, high-end condominiums, and low-density multifamily buildings, the property offers renters a special mix of a suburban and urban landscape. The property lies less than a ten-minute drive to Toluca Lake, Sherman Oaks, Valley Village, and Studio City. The property sits just minutes from the 101 and 170 intersection providing renters with swift access to Downtown Los Angels, Hollywood, Burbank, and other major employment hubs of L.A. County. Renters enjoy the close proximity to the world class amenities of the North Hollywood Arts District, Studio City's Silver Triangle and the endless array of shops and restaurants along Ventura Blvd in Sherman Oaks just a few miles away. The property boasts a great walk score of 78 allowing most errands to be accomplished without the need for a car. The property improvements are comprised of an approximately 7,532 +/- square foot wood frame and stucco structure on a roughly 9,800 square foot lot. The property features an outstanding unit mix of one (1 bed +1 bath ), six (2 bed +1.5 bath ), and one (3 bed + 2 bath) unit

5640 Bakman Ave is a charming 7-unit apartment building in the vibrant neighborhood of North Hollywood, California. This a rare opportunity for investors seeking a prime location with excellent rental potential. This seven-unit apartment building is comprised of (6) Six (1) One-bedroom and (1) One-bath units, and (1) One (2) Two-bedroom and (1) One-bath unit. Conveniently situated in North Hollywood, this property enjoys proximity to many amenities, including popular dining destinations, entertainment venues, shopping centers, and recreational parks. Commuters will appreciate easy access to major transportation routes, including the nearby Hollywood Freeway (US-101), providing seamless connectivity to the greater Los Angeles area. The property is within walking distance of the Metro Redline location and near the heart of the North Hollywood Arts District. The property has desirable amenities, including assigned parking spaces, on-site laundry facilities, and well-manicured communal areas. It is individually metered for gas and electricity and has a tremendous rental upside. The property has a Low Income Covenant until 2035, part of the ACHP. A copy of the Covenant will be provided. ***Property must be sold with 5653 Bakman Ave in North Hollywood***

Nestled in the heart of North Hollywood, this charming six-unit apartment building on Bakman Ave offers residents an urban oasis amidst the bustling cityscape. Situated within close proximity to trendy cafes, eclectic eateries, and vibrant entertainment options, this property embodies the epitome of convenient city living. 5653 Bakman Ave is a charming 6-unit apartment building in the vibrant neighborhood of North Hollywood, California. This a rare opportunity for investors seeking a prime location with excellent rental potential. This six-unit apartment building is comprised of (4) Four (1) One-bedroom and (1) One-bath units, and (2) Two (2) Two-bedroom and (1) One-bath unit. Conveniently situated in North Hollywood, this property enjoys proximity to many amenities, including popular dining destinations, entertainment venues, shopping centers, and recreational parks. Commuters will appreciate easy access to major transportation routes, including the nearby Hollywood Freeway (US-101), providing seamless connectivity to the greater Los Angeles area. The property is within walking distance of the Metro Redline location and near the heart of the North Hollywood Arts District. The property has desirable amenities, including assigned parking spaces, on-site laundry facilities, and wel

Presenting a rare gem in Burbank, this property offers a unique opportunity with two APNs spanning over a spacious 13,000 sqft lot. Boasting multiple offices and work areas, this versatile space is primed for customization to suit your needs. The property features kitchen areas and two distinct commercial spaces, providing endless possibilities for business ventures or creative endeavors. With parking available in the back and dual street access, convenience meets potential in this exceptional find. Ready for your personal touch, seize the opportunity to make this property your own and unlock its full potential. Sale includes APNs 2445-029-013 and 2445-029-014.

Presenting a rare gem in Burbank, this property offers a unique opportunity with two APNs spanning over a spacious 13,000 sqft lot. Boasting multiple offices and work areas, this versatile space is primed for customization to suit your needs. The property features kitchen areas and two distinct commercial spaces, providing endless possibilities for business ventures or creative endeavors. With parking available in the back and dual street access, convenience meets potential in this exceptional find. Ready for your personal touch, seize the opportunity to make this property your own and unlock its full potential. Sale includes APNs 2445-029-013 and 2445-029-014.

Excellent investment/development opportunity near the heart of the NoHo Arts District. Access to shopping, dining, and public transit (metro). Pre-lim plans and drawings submitted for approx. 32 units + parking. Mix of studio, 1 bedroom and 2 bedroom units.

Excellent investment/development opportunity near the heart of the NoHo Arts District. Access to shopping, dining, and public transit (metro). Pre-lim plans and drawings submitted for approx. 32 units + parking. Mix of studio, 1 bedroom and 2 bedroom units.

Presenting an exceptional investment opportunity, this distinguished 9 Unit building, built in 1988, features eight 2-bedroom, 2-bathroom flat units alongside a unique 1-bedroom, 1-bathroom townhouse-style loft unit. With a great Curb Appeal, separate Gas and Electric Meters, and copper plumbing, the 9,310 square feet building extends over 6,670 square feet of land. Each unit has been thoughtfully designed to offer spacious living quarters, enhanced by central air conditioning and heating systems, fireplace, and high ceilings. Notably, the front units also have balconies, Situated in a Prime rental district, the location ensures strong rental demand with close proximity to schools, shopping amenities, and iconic entertainment studios like Disney, Warner Bros, and Nickelodeon, unlocking a unique lifestyle proposition for potential tenants.