$2,500,000
$2,499,000
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5122 Cahuenga BLVD Toluca Lake, CA 91601
6,098 Sqft Lot
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB19010843
Sold Date 03/13/19
Construction Status Turnkey
HOA Y/N No
Year Built 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Description
5122 Cahuenga is a gorgeous and ENORMOUS new construction fourplex in upscale Toluca Lake! It is situated walking distance from the many neighborhood destinations in Toluca Lake, North Hollywood and Burbank. In addition to having an unbeatable location, this fourplex offers countless other perks, including no rent control, a 5.49% cap rate, top-of-the-line construction, a 1 year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability among renters.
5122 Cahuenga is made up of two 3 bedroom, 3 bathroom units and two 3 bedroom, 2 bathroom units. The pro forma rents from these units range from $3,600-$3,900. The property boasts four garage parking spaces and four partially covered parking spaces. The units feature top of the line appliances, balconies with impressive views, high quality finishes, spacious floor plans and laundry hookups in unit.
Our new construction properties usually enter escrow in 10 days or less, so get your offers in right away!
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup
Fireplace No
Appliance Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Fence Excellent Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Flat
Total Parking Spaces 8
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers, Front Yard, Landscaped, Near Public Transit, Street Level, Yard
Story 3
Entry Level Two,Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two, Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Robert Hunter • Douglas Elliman of California