$6,995,000
About this home
Exceptional investment opportunity in the highly desirable Toluca Lake neighborhood of North Hollywood. Brand-new 2025 multifamily property featuring 14-unit offers approximately 13,719 square feet of living space and features an excellent unit mix of nine 1-bedroom/1-bath units and five 2-bedroom/1-bath units. Designed with functionality and tenant appeal in mind, the property boasts spacious and thoughtfully designed floorplans, private balconies, and in-unit washer and dryer for added convenience. Eleven units include attached garage parking, a rare and highly attractive amenity in this prime rental market. Located in the sought-after Toluca Lake area, the property benefits from strong rental demand, close proximity to major studios, dining, shopping, and convenient freeway access. This is a turnkey opportunity ideal for investors seeking stable income in one of North Hollywood's most desirable and centrally located neighborhoods.
Facts & features
- Interior features
- High Ceilings, Open Floorplan, Recessed Lighting
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Flooring
- Laminate
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Inside, Laundry Closet
- Levels
- Three Or More
- Lot size
- 0.219 acres (9,524 sq ft)
- Pool
- None
- Year built
- 2025
- Parking
- Garage
- Parking spaces
- 11
- Area
- NHO - North Hollywood
- County
- Los Angeles
- Community features
- Curbs, Sidewalks
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 125
- Listed
- 2026-02-05
- Original price
- $7,888,888
- Terms
- Cash, Cash To New Loan, Conventional
- Parcel #
- 2423023023
- MLS #
- GD26039704
