$2,150,000
**ATTENTION DEVELOPERS** In the heart of Toluca Lake sits a rare development opportunity in one of the Valley's most coveted and supply-constrained neighborhoods. This four-unit property is surrounded by luxury new construction, high-end retail, and some of the strongest renter demand in Los Angeles. The site offers exceptional upside for builders and investors looking to create scale in a true A+ location.The sale includes fully prepared plans for a 24-unit development, offering a significant head start for any developer ready to move quickly. Properties with this level of entitlement and potential in Toluca Lake are extremely limited, making this an opportunity that is nearly impossible to replicate.
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Listed by Jason Afriat with The Agency (747) 977-3250
Property Type
Residential Income
Status
Active
MLS Number
25626095
Year Built
1941
Lot Size
9,026 sq ft