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.
Property Details
Price:
$2,888,000
MLS #:
25494091
Status:
Active
Baths:
0
Address:
10706 Camarillo Street
Type:
Residential Income
Neighborhood:
tultolucalake
City:
North Hollywood
Listed Date:
Mar 27, 2025
State:
CA
ZIP:
91602
Lot Size:
5,265 sqft / 0.12 acres (approx)
Year Built:
2017
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Gated, Assigned
Parking Spots
8.00
Financial
Map
Community
- Address10706 Camarillo Street North Hollywood CA
- AreaTUL – Toluca Lake
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91602
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10706 Camarillo Street
North Hollywood, CA
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