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    Toluca St Los Angeles, CA 90026

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    For Sale
    $1,849,000

    Multifamily investment opportunity in Echo Park with upside potential.

    Property size:
    6,702 SF
    Lot size:
    0.07 Acres

    Property Features for Toluca St

    General Information

    Standard status
    Active
    Size
    6,702 SF
    Lot size
    0.07 Acres

    Building Details

    Year built
    1912

    Source: AMERICANA REAL ESTATE SERVICES Agent ARBI BAGHOOMIAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Toluca North Apartments Investment Opportunity

    The Toluca North Apartments present a multifamily investment opportunity, featuring 12 units on a corner lot in Echo Park, across from Vista Hermosa Natural Park and near Downtown Los Angeles. This well-maintained, two-story building has gated access and views of Downtown LA. The unit mix includes 5 one-bedroom/one-bathroom units with dens and 7 studio/one-bathroom units. Many units have been upgraded, and each unit is over 500 square feet. All units have individual water heaters. The laundry area includes one commercial washer and one commercial dryer, owned not leased. The building has a combined income of $15,825. Most tenants are on month-to-month leases, offering upside for an investor to take over a low-maintenance asset. The property size is 6702 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.25828
    Latitude
    34.06183

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    FAQs

    What type of property is this?
    Apartment building - Multifamily investment opportunity in Echo Park with upside potential.
    Where is this apartment building located?
    The property is located at Toluca St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,849,000.
    What are key features of this property?
    This property features: - 6.3% CAP Rate investment opportunity; - Located in Echo Park, across the street from Vista Hermosa Natural Park and close to Downtown Los Angeles; - Well-maintained 12-unit multifamily property with gated access and Downtown LA views
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Toluca St Los Angeles, CA 90026
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