We are proud to present this rare opportunity to own a 32-unit apartment building located in a prime Toluca Lake location. Built in 1968, the property is subject to LA City Rent Control. The building features an excellent unit mix with 30 two-bedroom, two-bath units and 2 one-bedroom, one-bath units. Each apartment offers spacious floorplans, central A/C & heat and attractive finishes to add to the desirability of the property. The property offers residents attractive amenities such a pool, courtyard, gym, BBQ area, intercom access, on-site laundry facility and plenty of subterranean and open parking (66 Spaces total). Additionally, there is leasing office at the property which helps the owner, manager and tenants facilitate the best living and management experience possible. In addition to the desirable features of the property, residents benefit from an excellent location that provides easy access to endless shopping, dining and entertainment options of Universal Studios, Universal City, and busy thoroughfare of Ventura Blvd. This is a unique opportunity to acquire a very well-located asset with long term ownership and significant upside potential.
Property Details
Property Features
Property Information:
Year Built: 1968
Stories: 3
Living Area: 35,860 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Brett Sanson
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 62
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Covered, Gated, Uncovered
Lot Features
Lot Information:
Lot Size: 0.72 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: 134 Freeway, exit Cahuenga Blvd and go North. Property on the right side
Price Information
Listing Price Info
Price Summary:
List Price: $10,750,000
Price Per SqFt: $300/SqFt
Tax Information:
Annual Amount: $73,752
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $9.7M more than the Median Sold Price and $340/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24445033
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Brett Sanson
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 09, 1988
Aug 09, 1988Home Sold
$2,300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$73,752
$5,812,011
2020
$71,588
$5,752,417
2019
$70,921
$5,639,626
2018
$69,340
$5,529,046
2017
$69,340
$5,420,634
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Toluca Lake Elementary
4840 Cahuenga Blvd
Distance between this listing and this school0.32 miles
Public District Grades PK-5
6
/10
Rio Vista Elementary School
4243 Satsuma Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
4
/10
Lankershim Elementary School
5250 Bakman Ave
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
6
/10
Walter Reed School
4525 Irvine Ave
Distance between this listing and this school1.42 miles
Public District Grades 6-8
7
/10
Luther Burbank Middle School
3700 W Jeffries Ave
Distance between this listing and this school1.87 miles
Public District Grades 6-8
5
/10
New Horizons Charter Academy
5955 Lankershim Blvd
Distance between this listing and this school2.10 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Science Academy STEM Magnet
5525 Vineland Ave
Distance between this listing and this school1.27 miles
Public Magnet Grades 6-11
3
/10
East Valley High School
5525 Vineland Ave
Distance between this listing and this school1.27 miles
Public District Grades 9-12
8
/10
North Hollywood High School
5231 Colfax Ave
Distance between this listing and this school1.72 miles
The neighbors living near this home have an average income of $97,917. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4624 Cahuenga Blvd
What is the listing price of this property?
The listing price of 4624 Cahuenga Blvd property is $10,750,000.
What type of property is this?
The property 4624 Cahuenga Blvd is a house located in Toluca Lake, California, 91602.
Is this property for sale now?
Active Listing: 4624 Cahuenga Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $73,752 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 9, 1988 for $2,300,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4624 Cahuenga Blvd has 62 bedrooms and 62 bathrooms.
What is the square footage of this property?
The property 4624 Cahuenga Blvd is 35,860 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4624 Cahuenga Blvd is 1968.
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This home is located at 4624 Cahuenga Blvd in Toluca Lake, CA and zip code 91602 in the The San Fernando Valley neighborhood. This 35,860 square foot home, which was built in 1968, sits on a 0.72 acre lot. Features: 62 bedrooms, 62 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $10,750,000.
In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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Banana Republic
Chico's
H&M
Sonic
Boston Market
Dominos Pizza
Infiniti
Volvo
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