4406 Cahuenga Boulevard, Toluca Lake, CA 91602

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
4406 Cahuenga Boulevard,Toluca Lake, CA 91602
$8,500,000
  • 7 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david nalbandyan
Office: la premier realty
MLS#:BB25224752
Source:San Diego MLS via CRMLS

Price summary

  • Price:$8,500,000

About this home

We are proud to present a rare and exceptional multifamily investment opportunity in the highly sought-after neighborhood of Toluca Lakeone of Los Angeles premier rental submarkets. This well-maintained 18-unit apartment complex, built in 1986, is not subject to LA City Rent Control, providing investors with enhanced flexibility for rent growth and long-term value appreciation. Currently operating at a robust 5.2% CAP rate (13.48 GRM), the property also includes THREE RTI-APPROVED ADU plans, offering immediate upside potential through increased cash flow and additional unit development. Situated just steps from popular dining, shopping, and entertainment optionsand with convenient access to major freewaysthis property delivers on both location and performance, making it an outstanding opportunity for savvy investors. Investment Highlights: Year Built: 1986 Exempt from LA City Rent Control Prime Toluca Lake Location Walkable to shops, dining, and services Strong Unit Mix All units

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Home facts

  • Listing ID #:BB25224752
  • Added:176 day(s) ago
  • Updated:November 15, 2025 at 04:11 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7

Heating and cooling

  • Cooling:Central Forced Air

Finances and disclosures

  • Price:$8,500,000
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