Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,227 sqft

Lot size

9,027 sqft

Year built

1941

Stories

0

Heating

Central

Cooling

Central Air

Status

Active

Days on market

44

MLS #

246683720

About this property

**ATTENTION DEVELOPERS** DELIVERED 50% VACANT!!!! In the heart of Toluca Lake sits a rare development opportunity in one of the Valley's most coveted and supply-constrained neighborhoods. This four-unit property is surrounded by luxury new construction, high-end retail, and some of the strongest renter demand in Los Angeles. The site offers exceptional upside for builders and investors looking to create scale in a true A+ location.The sale includes fully prepared plans for a 24-unit development, offering a significant head start for any developer ready to move quickly. Properties with this level of entitlement and potential in Toluca Lake are extremely limited, making this an opportunity that is nearly impossible to replicate.

Location

10634 Whipple Street

Toluca Lake, Los Angeles, CA, 91602