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4259 Cahuenga Blvd 4 Unit Apartment Building $2,181,705 CAD ($545,426 CAD/Unit) 5.10% Cap Rate Toluca Lake, CA 91602
Investment Highlights
- 4 Units in A+ Toluca Lake Location
- 2 Units Highly Renovated
- Spacious Units Over 1,000 SF Each
- 1 Unit to Be Delivered Vacant
- 4 Covered Garage Spaces – Potential ADU Opportunities
- Recent Capital Expenditures Include: New Staircase, Garage Roof Repair, New Paint, Security Lights & Gates
Executive Summary
4259 N Cahuenga Blvd is a 4 Unit Apartment Building built in 1948 offered for the 1st Time on the Market in Over 60 Years! The property is located in an A+ Toluca Lake Location just South of Moorpark St and East of Vineland Ave. The property offers an excellent unit mix composed of all 2 Bedroom / 1 Bathroom units. Each Unit Offers a Dining Area as well. Large Units Averaging Over 1,000 SF Each! Garage offers 4 Parking Spaces. 1 Unit to Be Delivered Vacant. 2 Of the 4 Units have been extensively renovated. Recent Capital Upgrades include: New Staircase (2023), Unit 4261 Remodel (2023), Garage Roof Repair (2024), Entire Building Painted (2024), Unit 4259 Remodel (2025), Security Lights & Gates (2025).
Property Facts
| Price | $2,181,705 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $545,426 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.10% | Building Size | 4,320 SF |
| Gross Rent Multiplier | 14.49 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1948 |
| Property Type | Multifamily | Parking Ratio | 0.93/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 - Restricted Density Multiple Dwelling | ||
| Price | $2,181,705 CAD |
| Price Per Unit | $545,426 CAD |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Gross Rent Multiplier | 14.49 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,320 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | LAR3 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2423-023-002 | Improvements Assessment | $957,488 CAD |
| Land Assessment | $1,504,624 CAD | Total Assessment | $2,462,112 CAD |
Property Taxes
Parcel Number
2423-023-002
Land Assessment
$1,504,624 CAD
Improvements Assessment
$957,488 CAD
Total Assessment
$2,462,112 CAD
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4259 Cahuenga Blvd
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