10706 Camarillo Street
North Hollywood, CA 91602
Active for $2,888,000
Beds: 12 Baths: 12 Structure Size: 5,906 sqft Lot Size: 5,265 sqft
| MLS | 25494091 |
| Year Built | 2017 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,888,000 |
| Structure Size | 5,906 sqft |
| Lot Size | 5,265 sqft |
| Beds | 12 |
| Baths | 12 |
Description
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.
Listing information courtesy of: Jessica Robertson, Exp Commercial of California, Inc. 213-249-5760. *Based on information from the Association of REALTORS/Multiple Listing as of 03/04/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Elizabeth Mariscal
REALTOR®
Direct: 818.675.5691
Email: Email Me
DRE: 01966415
DRE #01873088
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