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Sold

10526 Riverside Drive

10526 Riverside Drive, Toluca Lake, CA 91602

$1,650,000
Investment properties in this prime location rarely come on the market. This corner lot, R-3 zoned, Toluca Lake fourplex has been in one family for over 40 years. Walk to the Aeirloom Bakery for breakfast, Trader Joe’s and all the great eateries are just down the block. Universal and Warner Bros Studios are nearby and Hollywood is just over the hill. This is a golden opportunity for an owner-user or investor to own a clean four-unit property AND achieve market rents from day one! Recently painted and refreshed, three of the four units are being delivered vacant. Lushly planted with pleasant views from dual pane windows, pride of ownership is evident. Owner users can purchase this property with a low down payment! There are 3 one-bedroom units and 1 two-bedroom unit plus 4 one-car garage spaces. Units are separately metered for gas and electricity. The units offer spacious floor plans with hardwood floors, oven-ranges, plenty of storage, and wall-unit air conditioning and all the charm that comes only with a property built in the 1940’s. Nearby 134, 101 and 170 freeways let you travel wherever you want to go. How many times have you heard “Location, Location, Location?” This is it!

3,150 Sq.Ft. LIVING AREA

0.14 Acres lot

Edwin Ordubegian

Edwin Ordubegian

TITLE

Top Luxury Realtor®

Features & Amenities

Interior

  • Laundry room Common Area
  • Flooring Wood
  • Fireplace None

Area & Lot

  • Status Sold
  • Living Area3,150 Sq.Ft.
  • Lot Area0.14 Acres
  • MLS IDSR21200924
  • TypeMULTI_FAMILY
  • YEAR BUILT1941
  • View DescriptionNone

Exterior

  • STORIES2
  • Garage Space4
  • water SourcePublic
  • PoolNone
  • lot featuresFront Yard
  • HEAT TYPEFloor Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • HOA AmenitiesSidewalks

Financial

  • Sales Price$1,650,000
  • Zoning LAR3

Work With Edwin

I am known as a person of strong integrity among my peers, clients and friends. My extensive experience and marketing with all types of transactions allows me to continuously build on his wealth of knowledge in Real Estate.

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