117 N Toluca Street
Los Angeles
90026
$1,849,000
Residential Income
built: 1912
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- GD25147721
- Year Built:
- 1912
- Photos (27)
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Americana Real Estate Services is proud to present the pride of ownership Toluca North Apartments with a CAP 6.3% Rate - a remarkable (12) unit multifamily investment opportunity, situated on a corner lot in Echo Park, across the street from Vista Hermosa Natural Park and within close proximity to the Downtown Los Angeles. The well-maintained two story structure offers gated access and incredible unit views to Downtown LA. A bountiful unit mix of 5 (1BD/1BA+Den) and 7 (Studio+1BA), rarely found in assets like this and all tenants are current. Many of the units have been upgraded and each unit is over 500sqft. All units have individual water heaters. Laundry area consists of One Commercial Washer and One Commercial Dryer that are owned, not leased. With a combined building income of $15,825, ease of management, and most tenants on month to month leases, Toluca North offers extreme upside for an investor to take over an exceptional, low-maintenance asset.
- Property Sub Type:
- Apartment
- Property Attached:
- Yes
- Lot Area:
- 3,215 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1912 (Age: 113)
- General Listing Location:
- Los Angeles, C21 - Silver Lake - Echo Park
- County Or Parish:
- Los Angeles
- Common Interest:
- Community Apartment
- Gross Income:
- $189,000
- Gross Scheduled Income:
- $189,900
- Net Operating Income:
- $137,665
- Cap Rate %:
- 0.0
- Rent Control:
- Yes
- Total Actual Rent:
- $15,825
- Association Fee:
- $0
- Land Lease Amount:
- $0
- Land Lease:
- No
- Cable TV Expense:
- $0
- Electric Expense:
- $0
- Fuel Expense:
- $0
- Insurance Expense:
- $7,950
- Maintenance Expense:
- $14,000
- Taxes expense:
- 21375.0
- Operating Expense:
- $56,966
- Other Expense:
- $17,650
- Pest control expense:
- $0
- Professional Management Expense:
- $13,500
- Supplies Expense:
- $0
- Trash Expense:
- $0
- Water and Sewer Expense:
- $0
- Vacancy Allowance:
- $0
- Vacancy Allowance Rate:
- $0
- Taxes:
- $0 / -
- Tax Lot:
- 1
- Douglas & Toluca
- View:
- Park/Greenbelt, Panoramic, Peek-A-Boo
- Appliances:
- Gas Water Heater, Dryer, Washer
- Number of Buildings:
- 1
- # of Electric Meters:
- 1
- # of Gas Meters:
- 13
- # of Water Meters:
- 1
- # Units Leased:
- 12
- Community Features:
- Sidewalks
- Senior Community:
- No
- Laundry Features:
- Common Area
- Pool Features:
- None
- Private Pool:
- No
- Spa Features:
- None
- Lot Features:
- 0-1 Unit/Acre, Corner Lot
- Subdivision Name:
- Not Applicable-105
- Levels:
- Two
- Num Stories:
- 2
- Entry Level:
- 0
- Entry Location:
- 0
- New Constr.:
- No
- Flooring:
- Wood
- Foundation:
- Raised
- Roof:
- Flat
- Common Walls:
- 1 Common Wall
- # Units:
- 12
- Property Condition:
- Updated/Remodeled
- Heating:
- Wall Furnace
- Cooling:
- Wall/Window Unit(s)
- Water supply:
- Public
- Sewer:
- Public Sewer
- Spa:
- No
- Garage Spaces:
- 0
- Carport Spaces:
- 0
- Total Parking Spaces:
- 0
- Parking Features:
- None
- Special Listing Conditions:
- Standard
- Parcel Number:
- 5160014001
- Zoning:
- LACW
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Listed by Americana Real Estate Services
Data was last updated July 30, 2025 at 06:40 PM (UTC)
- BILLY LONG
- 1 (310) 663-1177
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of July 30, 2025 at 06:40 PM (UTC) and/or other sources.
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.