Description
Americana real estate services is proud to present the pride of ownership toluca north apartments with a cap 6.3% rate - a remarkable (12) unit multifamily investment opportunity, situated on a corner lot in echo park, across the street from vista hermosa natural park and within close proximity to the downtown los angeles. the well-maintained two story structure offers gated access and incredible unit views to downtown la. a bountiful unit mix of 5 (1bd/1ba+den) and 7 (studio+1ba), rarely found in assets like this and all tenants are current. many of the units have been upgraded and each unit is over 500sqft. all units have individual water heaters. laundry area consists of one commercial washer and one commercial dryer that are owned, not leased. with a combined building income of $15,825, ease of management, and most tenants on month to month leases, toluca north offers extreme upside for an investor to take over an exceptional, low-maintenance asset.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50106543
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Flat
- Property Appliances: Gas Water Heater,Dryer,Washer
- Flooring: Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
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Exterior Features
Building Information
- Year Built: 1912
- Building Area Total: 6,702
- Roof: Flat
Foundation
- Raised
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0738
- Lot Size Source: Public Records
- Lot Size Square Feet: 3215
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Listing Information
Listing Price Information
- Original List Price: 1,849,000
- Listing Contract Date: 2025-06-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5160014001
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: None
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 5850
- Directions: Douglas & Toluca
- Zoning: LACW
- Source Property Type: Residential Income
- Area: C21 - Silver Lake - Echo Park
- Property SubType: Apartment
Building and Construction
- Property Age: 113
- Common Walls: 1 Common Wall
- Property Condition: Updated/Remodeled
- Structure Type: Apartment
- Year Built Source: Assessor
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/15/2025 @ 16:16
- MLS: GD25112549
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,702 sqft, 3,215 sized lot, and 0 parking. are nearby neighborhoods.