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$2,888,000

Est. payment - /mo

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12 Beds

12 Baths

5,906 SqFt

Active

10706 Camarillo ST North Hollywood, CA 91602

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,906 sqft

Price per Sqft $488

MLS Listing ID 25494091

Bedrooms 12

HOA Y/N No

Year Built 2017

Lot Size 5,266 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Assigned, Gated

Total Parking Spaces 8

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2421017014

Special Listing Condition Standard

Listed by Jessica Robertson • Keller Williams Huntington Beach

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