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Toluca Lake

Toluca Lake

$1,922,468 Average Value
$241 Average Price per Sq Ft
5 Homes For Sale

Blending an upscale village with a company town, the San Fernando Valley's Toluca Lake was designed in 1923 as the entertainment industry's first bedroom community. “Toluca Lake feels like the Hanock Park of the Valley,” says Realtor Scott Sorrentino of Sotheby's and Team Sorrentino, a Toluca Lake native with 36 years' experience selling luxury real estate in this area. “You’ll find large homes of a similar vintage, a local shopping village and a real community feel.” Designed in 1923, this walkable, square-mile enclave has historically been home to A-list movie stars like Bob Hope, Bette Davis and Bing Crosby; today you'll find neighbors like Viola Davis, Kelly Clarkson and Dakota Fanning. “Though you won’t see any paparazzi around here,” continues Sorrentino, "Toluca Lake has the Valley's largest conglomeration of high net-worth entertainers in a non-gated neighborhood.”

Surrounded by Burbank, Universal City, North Hollywood and Studio City, Toluca Lake is bisected by the 134, a mile south of the 101 freeway and near two stops on the Metro Red Line. A lushly landscaped 6-acre lake, once merely a natural spring, is this sleepy, sought-after community’s defining feature.

Most of Toluca Lake’s large homes are Spanish- or Mediterranean-style from the 1920s through the early 2000s, ranging from $2.5 million to $5 million. Set close together and cushioned by immaculate lawns and fluffy palm trees, these mansions tend to have four or five bedrooms and four baths, as well as backyard patios and swimming pools. You might spend up to $8.5 million for a Traditional lakefront home from the late ‘30s through 1950s, with up to six bedrooms and five baths on a generous lot. Requiring membership in the Toluca Lake Property Owners Association, these lakefront showcases have a $390 monthly HOA. West of Cahuenga Boulevard, you’ll find apartment-style condos in multi-story buildings from the ‘60s through just about now, with two-bed, two-bath units ranging from $670,000 to about $1 million, plus a monthly HOA between $500 and $630.

Here you’ll have studios like Warner Brothers, Disney and Universal all around you; at the latter’s sprawling outdoor mall, you’ll can catch the latest movies at an AMC multiplex theater. Linger over well drinks at local Catcher in the Rye, laugh ‘til you cry at the Haha Comedy Club, or catch a play (often with a TV-celebrity cast) at the 130-seat Garry Marshall Theatre. For outdoor entertainment, head to the emerald-green, 18-hole course at the private Lakeside Golf Club, which has counted Frank Sinatra and Jack Nicholson among its members; popular pursuits here are celebrity-watching on the fairways and enjoying the mile-long wine list in the elegant clubhouse. And about 4 ½ miles south, 160-acre Runyon Canyon Park is a hilly landscape of rugged, winding and climbing trails and steep flights of steps; you’ll have wow-factor views of Hollywood and hillsides as you huff alongside trainer-toned locals and unleashed dogs.

You can do most of your errands along and near Riverside Drive, from picking up your dry cleaning at Milt & Edie’s (pausing to read the daily inspirational quote on their streetside sign) to filling up your grocery cart at Trader Joe’s; nearby, you'll also find a Vons and Whole Foods. Start your day at the nation's oldest Bob’s Big Boy (open here since 1949) or with a latte and fresh-baked muffin at cozy Priscilla’s, then fuel the day at gourmet, fast-casual and family-owned Olive & Thyme or with sushi and sashimi at Kabosu. Enjoy a classic steakhouse menu in a red-leather booth at the old-school, dimly lit Smoke House; tuck into hearty enchiladas and stiff margaritas at longtime Mexican standby Don Cuco’s; and head to the indoor-outdoor Italian idyll of Ca’ Del Sole for lunchtime gatherings and fairy-lit date nights.

Most local kids attend private schools like local Saint Charles Borromeo, serving transitional kindergarten through Grade 8, and Studio City’s celebrity-friendly Campbell Hall, which teaches kindergarten through Grade 12. However, you’ll find one of Los Angeles Unified’s most desirable public schools here: Toluca Lake Elementary earns a 9/10 rating from GreatSchools, with a 10/10 score for its students’ academic progress. Other nearby public options include Walter Reed Middle, which earns a 6/10 and offers smaller learning academies that include environmental science, STEAM and humanities; and East Valley Senior High, rated a 3/10 and offering an Inclusive Media Magnet track for students pursuing media-based entertainment careers.

At the eastern end of LA’s San Fernando Valley, Toluca Lake is a sought-after enclave where you can enjoy a laid-back village feel but still live like a celebrity.

Melanie Wynne
Written By
Melanie Wynne
Photography Contributed By
Piter Beyt
Luke Basinger
Video By
Luke Basinger

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Bill Toth, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Bob Hope

9 min drive

Bus

Riverside & Forman

Bus

Lankershim & Aqua Vista

Bus

Riverside & Cahuenga

Bus

Cahuenga & Whipple

Bus

Riverside & Mariota

Bus

Lankershim & Whipple

Bus

Riverside & Lankershim

Crime and Safety

1 - Low Crime, 10 - High Crime Toluca Lake US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 7 4
Motor Vehicle Theft 8 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Toluca Lake Demographics and Home Trends

Housing Trends

Median List Price
$385,000
Median Sale Price
$315,000
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$240,000
Median 2 Bedroom Sale Price
$250,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
131
Median Home Sale Price YoY Change
-61%
Average Price Per Sq Ft
$241

Neighborhood Facts

Number of Homes in Neighborhood
2,221
Number of Homes for Sale
5
Median Year Built
1947
Months of Supply
0.50
Average Single Family Home Size Sq Ft
2,682
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,398
Average 2 Bedroom Size Sq Ft
1,395
Average 1 Bedroom Size Sq Ft
831
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Aug 3
    1 - 4pm

    10757 Hortense St Unit 102, North Hollywood, CA 91602

    $589,000

    • 2 Beds
    • 2 Baths
    • 929 Sq Ft
    • 10757 Hortense St
    • Unit 102
    • New 22 days ago

    This welcoming, comfortable home is located in the desirable Toluca Lake/NoHo Arts District. This unit at 10757 Hortense St is a two-bedroom, two-bathroom condominium. The condo offers a spacious, light, and bright interior with a functional layout. It is a convenient first-floor unit within a secure, well-maintained building. The home has been partially updated and features a functional galley

    Dan Tursi Redfin Corporation

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  • Saturday, Aug 2
    1 - 4pm

    5050 Cahuenga Blvd, North Hollywood, CA 91601

    $847,500

    • 3 Beds
    • 2.5 Baths
    • 1,540 Sq Ft
    • 5050 Cahuenga Blvd
    • New 21 days ago

    Welcome to this beautifully updated 3-bedroom, 2.5 bathroom townhome in highly desirable Toluca Woods area. Offering the perfect blend of comfort, style, and convenience in one of LA’s most desirable neighborhoods, this bright and airy home features an open-concept living and dining area with high ceilings, rich hardwood floors, and abundant natural light. The updated kitchen boasts sleek

    Santiago Orvananos Casas Advisors

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Bill Toth, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
8,907
Median Age
42
Population Density
12 ppl/acre
Population under 18
16.6%
Below the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$95,925
Significantly above the national average
$71,702
Average Household Income
$129,135

Education and Workforce

High School Graduates
90.5%
College Graduates
55.4%
Above the national average
34.1%
Advanced Degrees
14.7%
% Population in Labor Force
70.1%
On par with the national average
65.1%

Weather

Annual Precipitation
13''
Average Winter Low Temperature
45°F
Average Summer High Temperature
87°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

57 / 100

Somewhat Walkable

Walk Score®

68 / 100

Some Transit

Transit Score®

40 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Toluca Lake
Bill Toth
First Class Real Estate
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