Turnkey Investment Gem in the Heart of Toluca Lake! Welcome to an exceptional income-generating opportunity in one of Los Angeles’ most coveted neighborhoods. Perfectly positioned in prime Toluca Lake, this beautifully upgraded property offers rare versatility with high-yield potential ideal for investors, owner-users, or anyone looking to capitalize on strong rental demand.At the front, a charming 2-bedroom, 2-bathroom Spanish-style home has been tastefully remodeled, blending timeless architectural appeal with modern comforts. Enjoy private outdoor living spaces that include a cozy fire pit, serene Moorish-inspired water feature, and mature drought-tolerant landscaping all curated for low-maintenance luxury and guest enjoyment.Tucked behind the main residence lies a sleek, fully permitted duplex built in 2018designed with both form and function in mind. Each of the two 2-bedroom, 2-bath units features contemporary interiors with stainless steel appliances, subway tile showers, in-unit laundry, and private outdoor patios. The upper unit offers two balconies ideal for relaxing or enjoying LA’s signature sunshine. Not subject to Rent Stabilization (buyer to verify), the duplex offers added flexibility for short-term or long-term rental strategies.Each unit is separately metered for utilities, enhancing convenience and management efficiency. Vibrant murals, lush greenery, and tranquil water elements elevate the outdoor experience, making this property highly attractive for both tenants and guests.Centrally located near major studios including Warner Bros., Disney, and Universal, and just minutes from iconic destinations like the Hollywood Bowl, this property is perfectly positioned to attract entertainment professionals and tourists alike. With easy access to the 101, 134, and Metro stations, commuting across LA is effortless.Whether you’re seeking a high-performing asset or a unique live/rent hybrid opportunity, this fully turn-key property delivers on all fronts. Don’t miss the chance to own a premier income-producing retreat in the vibrant heart of Toluca Lake.
Property Details
Price:
$1,999,999
MLS #:
25524493
Status:
Active
Beds:
6
Baths:
5
Address:
10912 Landale Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
tultolucalake
City:
North Hollywood
Listed Date:
Apr 13, 2025
State:
CA
Finished Sq Ft:
2,673
ZIP:
91602
Lot Size:
6,988 sqft / 0.16 acres (approx)
Year Built:
1924
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Schools
School District:
Los Angeles Unified
Interior
Accessibility Features
None
Appliances
Dishwasher, Disposal, Microwave, Oven, Range Hood
Cooling
Central Air
Fireplace Features
Living Room, Fire Pit
Heating
Central, Fireplace(s), Natural Gas, Forced Air
Interior Features
Ceiling Fan(s), Living Room Balcony, Open Floorplan, Recessed Lighting
Window Features
Drapes, Blinds
Exterior
Exterior Features
Rain Gutters
Fencing
Block, Vinyl, Wrought Iron
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Rectangular Lot
Parking Features
Driveway, R V Access/ Parking, R V Gated, None, Concrete, Gated
Parking Spots
6.00
Pool Features
None
Roof
Composition, Other, Shingle, Tile
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address10912 Landale Street North Hollywood CA
- AreaTUL – Toluca Lake
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91602
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10912 Landale Street
North Hollywood, CA
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