Introducing an exquisite, ultra-modern fourplex situated in Toluca Lake, the highly coveted city within the Valley! This remarkable complex was built in 2017 and stands as the epitome of opulence in Toluca Lake. 10706 Camarillo comprises two separate buildings that house four units, each boasting three bedrooms and two and a half bathrooms, townhome-style units with tandem gated parking for each unit. Each unit is equipped with top-of-the-line appliances, meticulously designed floor plans with multiple balconies, and an unparalleled level of craftsmanship that sets it apart from any other building. All units are separately metered for gas, electric, and water, ensuring efficiency and convenience for both tenants and owners. These exceptional rental units command the highest standard of living in Toluca Lake, making them a highly sought-after choice. The prevailing market rents for these units reach approximately $4,000 per month, which translates to an impressive cap rate of 5.1%! This is truly a unique opportunity to acquire a non-rent controlled, newer constructed fourplex, perfect for an owner-occupant to live in one unit while the other three units help cover the mortgage. Positioned between the ultra-trendy Studio City neighborhood and NoHo Arts District, this exquisite fourplex offers convenient access to an abundance of shops, restaurants, and local hotspots in both vibrant neighborhoods. Don't miss the chance to seize this exceptional investment opportunity that combines a rarely available modern construction and prime location in a highly coveted rental submarket offering long term value for savvy investors and a remarkable rate of return.
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DAYS ON MARKET
|
49
|
LAST UPDATED
|
2/28/2025
|
|
YEAR BUILT
|
2017
|
COMMUNITY
|
Toluca Lake
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Microwave, Refrigerator |
| AREA |
Toluca Lake |
| GARAGE |
Assigned, Gated |
| HEAT |
Central |
| LOT |
5265 sq ft |
| PARKING |
Assigned,Gated |
| ZONING |
LAR3 |
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Listed with Keller Williams Huntington Beach
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 4/18/25 11:24 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 2025.
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