4258 Cahuenga, Toluca Lake CA 91602 | $2,750,000

Located in the heart of Toluca Lake, 4258 Cahuenga Blvd is a well- maintained 16-unit multifamily property offering both stability and upside potential in a prime rental market. Built in 1923, the property consists of (4) one-bedroom/one-bath units, (8) studio units, and (4) bachelor units, catering to a diverse tenant base. The building spans 8,878 square feet on a 7,103 square foot. Additionally, the property features on-site laundry facilities, enhancing tenant convenience. This asset presents a compelling opportunity for long-term investors, combining immediate cash flow with future value-add potential. Strategically located just minutes from Universal Studios, Ventura Blvd, and major employment hubs, the property benefits from high demand and consistent rental appreciation.The surrounding neighborhood is known for its charming residential feel, excellent walkability, and proximity to top-tier dining and entertainment options. With a strong in-place income, potential for rent growth, and a highly desirable location, 4258 Cahuenga Blvd is a rare chance to acquire a prime multifamily asset in one of Los Angeles' most sought-after submarkets.

More Details