10914 Landale St
Toluca Lake, CA 91602
3 units On Landale in Toluca Lake · Multifamily Property For Sale · 3 Units

2018 NEW CONSTRUCTION THREE UNIT BUILDING IN TOLUCA LAKE. No rent control. $126,000 in gross scheduled rents bringing a strong cap rate with little-to-no vacancies in this area. Model Unit ready for Showings, Now, and the back 2 units are currently under construction, with completion by April 2018. This luxury three unit project offers a detached front house and a rear duplex with private yards and patio. Each 2 bedroom and 2 bathroom units also have private laundry units. Each unit has two parking spaces. Each unit is separately metered for water, gas and electricity. Drought tolerant landscaping presenting the buyer with a low maintenance, environmentally friendly property. This property is situated in a prime and trendy Toluca Lake neighborhood. It is in walking distance to shopping, arts, entertainment, dining, and nightlife, as well as many local attractions. The area is very bike friendly with ongoing development of trails throughout the North Hollywood area.