$1,250,000
$1,225,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
10650 Camarillo ST North Hollywood, CA 91602
4 Beds
3 Baths
1,910 SqFt
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,910 sqft
Price per Sqft $654
MLS Listing ID 23278217
Sold Date 08/01/23
Bedrooms 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1951
Lot Size 4,922 Sqft
Property Description
We are proud to present 10650 Camarillo St, a primely located duplex in Toluca Lake, CA. This property is being offered for sale for the first time in 23 years.Originally constructed in 1951 and extensively renovated in the early 2000s, this 1,910 rentable square foot building sits on a 0.11 acre lot on the southern side of Camarillo Street, within the boundaries of Toluca Lake. Situated behind the property is an alley where you'll find a double-garage and a single-car garage, offering a total of three parking spaces for the tenants' convenience. Both units have 2 bedrooms and offer comfortable living spaces. The front house is a larger 2 bed / 2 bath unit, and it has been recently renovated with attractive features, including hardwood floors, central air-conditioning/heat, and clean quartz kitchen counters. Inside, you'll find spacious units comprising a living room, dining area, and a kitchen equipped with a gas stove, oven, and microwave. The convenience of an in-unit laundry room with a stacked washer and dryer provided adds to the practicality of the front unit. With its private and cottage-like ambiance, this home provides a comforting environment for those who appreciate the concept of "Safer at Home."This property is ideal for an owner-user with the rear unit being delivered vacant. It's also perfect for a value add investor who wants to modernize the units and achieve an estimated 21% increase in current rental income. Furthermore, the buyer could consider converting the garages in the back alley to Accessory Dwelling Units (ADUs), adding significant value to the overall property.Nestled in the heart of the San Fernando Valley, Toluca Lake, is a picturesque and highly sought-after neighborhood. Known for its tranquil charm and close-knit community, Toluca Lake offers a delightful blend of residential serenity and convenient access to nearby amenities. The area is home to stunning tree-lined streets, beautifully manicured gardens, and an inviting atmosphere that captures the essence of Southern California living. Toluca Lake also boasts an array of upscale boutiques, trendy restaurants, and entertainment options, providing residents with a vibrant and fulfilling lifestyle. With its prime location and timeless appeal, Toluca Lake continues to captivate those seeking a perfect balance between suburban tranquility and urban convenience.
Location
State CA
County Los Angeles
Area Tul - Toluca Lake
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Appliance Microwave, Oven, Dryer, Washer
Exterior
Parking Features Covered
Garage Spaces 2.0
Garage Description 2.0
Attached Garage No
Total Parking Spaces 2
Building
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2421018001
Special Listing Condition Standard
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Bought with Filip Niculete • Marcus & Millichap