Prime Short-Term Rental Income Generator! Nestled in the heart of Toluca Lake, this property is a goldmine for short-term rentals. Featuring two modern units in the back, fully permitted for short-term rentals, this setup is tailor-made for maximizing income. Whether you're an investor or an owner looking to live on-site while cashing in on high rental demand, this opportunity is not to be missed.The front unit is a charming, remodeled 2-bed, 2-bath Spanish-style home with private outdoor living spaces, a cozy fire pit, and a serene Moorish water feature. The mature, drought-tolerant landscaping adds to the low-maintenance appeal while creating a lush, tranquil atmosphere for guests. Step to the back and discover the sleek duplex, built in 2018, featuring two stunning 2-bed, 2-bath units with high-end stainless steel appliances and stylish subway tile showers. Each unit is designed with renters in mind, offering private patios, in-unit laundry, and modern finishes throughout. The upstairs unit even has two balconiesperfect for soaking up that sunny LA weather! The duplex is not subject to RSO buyer to verify providing even more flexibility for rental terms.Each unit is independently metered for utilities, ensuring convenience for both tenants and owners. Outdoor spaces are enhanced with vibrant wall murals, lush landscaping, and elegant water features, making these units highly desirable for short-term guests. Situated near LA's major studios (Disney, Universal, Warner Bros.) and iconic attractions like the Hollywood Bowl, this property offers unbeatable convenience for tourists and professionals alike. Easy access to major freeways and Metro stations makes commuting a breeze. This high-demand, income-generating property is a rare find in one of LA's hottest rental markets. Act fast-- your short-term rental empire awaits!
|
DAYS ON MARKET
|
43
|
LAST UPDATED
|
9/23/2024
|
|
YEAR BUILT
|
1924
|
COMMUNITY
|
Toluca Lake
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| School District |
Los Angeles Unified |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Microwave, Oven, Range Hood |
| AREA |
Toluca Lake |
| CONSTRUCTION |
Frame, Stucco |
| EXTERIOR |
Fire Pit, Rain Gutters |
| FIREPLACE |
Yes |
| GARAGE |
Concrete, Driveway, Gated, None, RV Access/Parking, RV Gated |
| HEAT |
Central, Fireplace(s), Forced Air, Natural Gas |
| INTERIOR |
Balcony, Breakfast Bar, Ceiling Fan(s), Open Floorplan, Recessed Lighting |
| LOT |
6988 sq ft |
| LOT DESCRIPTION |
Rectangular Lot |
| LOT DIMENSIONS |
50x139 |
| PARKING |
Concrete,Driveway,Gated,None,RV Gated,RV Access/Parking |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Spanish |
| VIEW DESCRIPTION |
None |
| ZONING |
LARD1.5 |
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Listed with Element RE, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 1:32 AM PDT 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. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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