4258 Cahuenga Blvd new

Toluca Lake,CA 91602

$ 2750000

4 Beds

16 Baths

8878 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,878 sqft

Price per Sqft $309

MLS Listing ID 25508881

Bedrooms 4

Year Built 1923

Lot Size 7,103 Sqft

Property Sub-Type Multi-Family

Property Description

Located in the heart of Toluca Lake, 4258 Cahuenga Blvd is a well- maintained 16-unit multifamily property offering both stability and upside potential in a prime rental market. Built in 1923, the property consists of (4) one-bedroom/one-bath units, (8) studio units, and (4) bachelor units, catering to a diverse tenant base. The building spans 8,878 square feet on a 7,103 square foot. Additionally, the property features on-site laundry facilities, enhancing tenant convenience. This asset presents a compelling opportunity for long-term investors, combining immediate cash flow with future value-add potential. Strategically located just minutes from Universal Studios, Ventura Blvd, and major employment hubs, the property benefits from high demand and consistent rental appreciation.The surrounding neighborhood is known for its charming residential feel, excellent walkability, and proximity to top-tier dining and entertainment options. With a strong in-place income, potential for rent growth, and a highly desirable location, 4258 Cahuenga Blvd is a rare chance to acquire a prime multifamily asset in one of Los Angeles' most sought-after submarkets.

Location

State CA

County Los Angeles

Area Toluca Lake

Zoning LARD1.5

Rooms

Other Rooms Shed(s)

Interior

Heating Wall

Cooling Wall/Window

Equipment Range/Oven

Exterior

Parking Features None

Others

Special Listing Condition Standard

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