NOT LISTED FOR SALE

10519 Riverside Dr Toluca Lake, CA 91602

3 Beds
2 Baths
10,798 Sq Ft
0.34 Acres

Last Sold December 04, 2015

Last sale price $2,325,000 $215 Per Sq Ft

12 Days on Market

About This Home

As of December 2015

10519 Riverside Drive is a 12 unit apartment building, located in the prime neighborhood of Toluca Lake. The current rents are grossly under market and there is high upside in income. The asset also has great re-development value. It is situated on a corner lot with alley access. There is a total of 14,898 sq. ft. of land, zoned R-3. Please do not disturb the tenants. The sale will require court confirmation. Contact the listing broker for more information.

Last Agent to Sell the Property

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 06/18/2015

Last Buyer's Agent

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 06/18/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.34 Acre Lot

Parking

  • 12 Parking Spaces

Home Design

  • 10,798 Sq Ft Home

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 2424-001-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 10798
  • Probate: Yes
  • Year Built: 1949
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 215.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 12

Lot Info

  • Assessed Improvement Value: 109578
  • Assessed Land Value: 113179
  • Assessor Parcel Number: 2424-001-004
  • Geocode Override: No
  • Lot Size Area: 14897

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.14
  • Number Of Units: 12
  • Rent Control: 100
  • Total Annual Expense: 58768
  • Type Of Units: Residential
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2015 12/04/15 Sold $2,325,000 0.0% $215 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $2,325,000 -- $215 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Emrani

    Seller's Agent in 2015

    Jon Emrani

    Marcus & Millichap

    (310) 422-8052

    17 Total Sales

    Jon Emrani
    Section Image
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Map

Source: The MLS

MLS Number: 15-916089

The MLS
California Los Angeles County Toluca Lake 91602

10519 Riverside Dr, Toluca Lake, CA

This home is located at 10519 Riverside Dr, Toluca Lake, CA 91602 since 18 June 2015. This property was built in 1949. 10519 Riverside Dr is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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