117 N Toluca ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID GD25147721
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1912
Lot Size 3,214 Sqft
Property Sub-Type Apartment
Property 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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LACW
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Gas Water Heater,Dryer,Washer
Laundry Common Area
Exterior
Parking Features None
Pool None
Community Features Sidewalks
View Y/N Yes
View Park/Greenbelt,Panoramic,Peek-A-Boo
Roof Type Flat
Private Pool No
Building
Lot Description 0-1 Unit/Acre,Corner Lot
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5160014001
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://youtu.be/0V2QA2Vcjto