NOT LISTED FOR SALE

4366 Cahuenga Blvd Toluca Lake, CA 91602

Estimated Value: $2,075,000

4 Beds
4 Baths
2,590 Sq Ft
$801/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $1,550,000 $598 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,076/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Rio Vista Elementary Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of May 2019

Opportunity is knocking! Superb Toluca Lake location. Four unit apartment building on corner lot. All units are one bedroom + one bath. Built in the 1940’s these charming units include hardwood floors, tile counter tops, and patios. Zoning is R4 and two adjacent properties to the north of this address are also available for sale and can be purchase together.

This property is located in the sought after, celebrity-packed city of Toluca Lake. Both rental and residential sale markets are unbeatable in this area. The property is minutes from Universal and Burbank Studios, Toluca Lake Village with an abundance of restaurants and stores, the NoHo Arts District, Tujunga Village, and Studio City’s main hub at Ventura Blvd and Laurel Canyon.
Do not disturb occupants. Do not walk the property.

Last Agent to Sell the Property

Diane Eaton

Exclusive Estate Properties Inc License #00641108 Listed on: 12/14/2018

Last Buyer's Agent

Dan Drantch

Rodeo Realty License #00900188

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,034 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,590 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 9340
  • Assessor Parcel Number 2424011004

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $173
  • Gardener Expense $3,432
  • Insurance Expense $1,504
  • Maintenance Expense $9,702
  • Pest Control $565
  • Water Sewer Expense $3,933
  • New Taxes Expense $19,375
  • Operating Expense $39,508
  • Gross Income $82,380
  • Net Operating Income $42,872

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • CapRate: 2.76
  • Inclusions: To follow
  • Price Per Unit: 387500
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3933.00
  • Zoning: LAR4
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 3432.00
  • Parcel Number: 2424011004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 598.46

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 565.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot
  • Lot Size Sq Ft: 7034.00
  • Lot Size Acres: 0.1615

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 173.00
  • Gross Income: 82380.00
  • Gross Multiplier: 18.80
  • Gross Operating Income: 82380.00
  • Gross Scheduled Income: 82380.00
  • Insurance Expense: 1504.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1440.00
  • Lot Size Area: 7034.0000 Square Feet
  • Maintenance Expense: 9702.00
  • Net Operating Income: 42872.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Operating Expense: 39508.00
  • Rent Control: Yes
  • Total Expenses: 39508.00

Tax Info

  • New Taxes Expense: 19375.00
  • Tax Census Tract: 1431.00
  • Tax Lot: 4
  • Tax Tract Number: 9340

Range of Values:

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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
05/21/2019 05/21/19 Sold $1,550,000 0.0% $598 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $1,550,000 -- $598 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Diane Eaton

    Exclusive Estate Properties Inc

    (818) 512-0498

    1 Total Sale

    Diane Eaton
    Section Image
  • Dan Drantch

    Buyer's Agent in 2019

    Dan Drantch

    Rodeo Realty

    (818) 261-0030

    63 Total Sales

    Dan Drantch
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18288978

California Regional Multiple Listing Service (CRMLS)

APN: 2424-011-004

California Los Angeles County Toluca Lake 91602

4366 Cahuenga Blvd, Toluca Lake, CA

This home is located at 4366 Cahuenga Blvd, Toluca Lake, CA 91602 since 14 December 2018 and is currently priced at $2,075,000, approximately $801 per square foot. This property was built in 1941. 4366 Cahuenga Blvd is a home located in Los Angeles County with nearby schools including Rio Vista Elementary, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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