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Toluca Lake, CA 91602,10526 Riverside DR
Toluca Lake, CA 91602,10526 Riverside DR
Toluca Lake, CA 91602,10526 Riverside DR
$1,650,000
Est. payment /mo
$1,595,000
3.4%
Est.Price: ?

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5,963 Sqft Lot
SOLD DATE : 10/14/2021

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR21200924

Year Built 1941

Lot Size 5,963 Sqft

Property Description

Investment properties in this prime location rarely come on the market. This corner lot, R-3 zoned, Toluca Lake fourplex has been in one family for over 40 years. Walk to the Aeirloom Bakery for breakfast, Trader Joe’s and all the great eateries are just down the block. Universal and Warner Bros Studios are nearby and Hollywood is just over the hill. This is a golden opportunity for an owner-user or investor to own a clean four-unit property AND achieve market rents from day one! Recently painted and refreshed, three of the four units are being delivered vacant. Lushly planted with pleasant views from dual pane windows, pride of ownership is evident. Owner users can purchase this property with a low down payment!

There are 3 one-bedroom units and 1 two-bedroom unit plus 4 one-car garage spaces.
Units are separately metered for gas and electricity.
The units offer spacious floor plans with hardwood floors, oven-ranges, plenty of storage, and wall-unit air conditioning and all the charm that comes only with a property built in the 1940’s.

Nearby 134, 101 and 170 freeways let you travel wherever you want to go.
How many times have you heard “Location, Location, Location?” This is it!

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LAR3

Interior

Heating FloorFurnace

Cooling None

Flooring Wood

Fireplaces Type None

Laundry CommonArea

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description FrontYard

Story 2

Sewer PublicSewer

Water Public

New Construction No

Others

Acceptable Financing Cash, CashtoNewLoan, Conventional

Listing Terms Cash, CashtoNewLoan, Conventional

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Diane Eaton • Exclusive Estate Properties Inc
Bought with Edwin Ordubegian • Coldwell Banker Hallmark
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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