4258 Cahuenga Boulevard Pending Save Request In-Person Tour Request Virtual Tour
Toluca Lake (los Angeles),CA 91602
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 8,878 sqft
Price per Sqft $309
MLS Listing ID CL25508881
HOA Y/N No
Year Built 1923
Lot Size 7,103 Sqft
Acres 0.16
Property Sub-Type Other
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
Zoning LARD
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2424014003