$1,599,900
$190K PRICE DROP

Estimated payment $9,114/month

Total Views 7,152
4 Beds
4 Baths
3,020 Sq Ft
$530 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • High Ceiling
  • View of Hills
  • Wood Flooring
  • Quartz Countertops

About This Home

UNBELIEVABLE PRICE!!! Work Below, Live above and have rental income. An opportunity like this does not come along very often in Toluca Terrace. There are 3 separate addresses at this property. The 1st floor has a storefront office and an additional office, a large workspace with high ceilings with storefront,(great for Contractor, Real Estate office, Dance or Art Studio) so many options and there is 2 bathrooms. The back has a studio unit with a full bath plus a kitchen and dining area with plenty of storage and closet space. The 2nd floor is a beautifully upgraded 3 bedroom apartment with a full bath. The kitchen has plenty of cabinets, Quartz countertops, Stainless Steel appliances and is open to the dining area with views. The living room has plenty of space for entertaining with views through the enclosed balcony with views. The Primary bedroom has a closet, and the 2 guest rooms are good sized and have ample closet space. There is a separate laundry room next to the kitchen with plenty of storage. There are hardwood floors, Recessed lights. Separate gas meters and electrical panels, 2 car garage, RV parking and much more. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all of it's potential. Zoned CA2. Owners and family have lived upstairs and have had a flower shop business downstairs since 1989. This is a must see. CALL NOW TO SCHEDULE A PRIVATE SHOWING!!

Listing Agent

Darrell Belisle

SoCal Life Realtors Inc. Brokerage Phone: 949-506-6696 License #01235057 Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,074

Year Built

  • Built in 1948

Lot Details

  • 3,098 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Automatic Gate
  • Parking Lot
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Mixed Use
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Suspended Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Workshop
  • Views of Hills

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 9744
  • Assessor Parcel Number 2417017006
  • $453 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,074

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Other Phone Description: 8186124905
  • Other Phone Number: 8186124905
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 2417017006
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3020.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting, Suspended Ceiling(s)
  • Stories: 2
  • Entry Location: 1 and 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 529.77
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Workshop
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage Door Opener, On Site, Parking Space, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 3098.00
  • Lot Size Acres: 0.0711

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3098.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 1253.10
  • Tax Lot: 5
  • Tax Tract Number: 9744
  • TaxOtherAnnualAssessmentAmount: 453.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,074 $562,943 $309,625 $253,318
2024 $7,074 $551,905 $303,554 $248,351
2023 $6,943 $541,084 $297,602 $243,482
2022 $6,628 $530,475 $291,767 $238,708
2021 $6,535 $520,075 $286,047 $234,028
2019 $6,344 $504,651 $277,563 $227,088
2018 $6,266 $494,757 $272,121 $222,636
2016 $5,967 $475,547 $261,555 $213,992
2015 $5,883 $468,405 $257,627 $210,778
2014 $5,907 $459,231 $252,581 $206,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $1,599,900 -3.5% $530 / Sq Ft
08/14/2025 08/14/25 For Sale $1,658,000 0.0% $549 / Sq Ft
08/06/2025 08/06/25 Off Market $1,658,000 -- --
07/02/2025 07/02/25 Price Changed $1,658,000 -7.4% $549 / Sq Ft
03/28/2025 03/28/25 For Sale $1,789,987 -- $593 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Gateway Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Commercial
Closed $74,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25063602

California Regional Multiple Listing Service (CRMLS)

APN: 2417-017-006