10706 CAmarillo Street, North Hollywood, CA 91602 - Berkshire Hathaway HomeServices California Properties
10706 Camarillo Street North Hollywood, CA 91602
$2,888,000 12 beds, 12 baths
5, 906 sqft

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 25494091
List price is $2,888,000
Beds: 12
Baths: 12
Built in 2017
5,906 sqft
0.12 acres
Lot size: 0.1209
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Microwave,Refrigerator
Parking description: Assigned,Gated
Heating/cooling: Central Air
Heating description: Central
MLS area: TUL - Toluca Lake

Last Updated: 4/22/2025

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This listing belongs to the TUL - Toluca Lake MLS area

Lat/Long: 34.157377, -118.364016.
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Listing Agent: Jessica Robertson
Lic#: 01234982
Office Name: Mission Viejo

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