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Prime Short-Term Rental Income Generator! Nestled in the heart of Toluca Lake, this property is a goldmine for short-term rentals. Featuring two modern units in the back, fully permitted for short-term rentals, this setup is tailor-made for maximizing income. Whether you're an investor or an owner looking to live on-site while cashing in on high rental demand, this opportunity is not to be missed.The front unit is a charming, remodeled 2-bed, 2-bath Spanish-style home with private outdoor living spaces, a cozy fire pit, and a serene Moorish water feature. The mature, drought-tolerant landscaping adds to the low-maintenance appeal while creating a lush, tranquil atmosphere for guests. Step to the back and discover the sleek duplex, built in 2018, featuring two stunning 2-bed, 2-bath units with high-end stainless steel appliances and stylish subway tile showers. Each unit is designed with renters in mind, offering private patios, in-unit laundry, and modern finishes throughout. The upstairs unit even has two balconiesperfect for soaking up that sunny LA weather! The duplex is not subject to RSO buyer to verify providing even more flexibility for rental terms.Each unit is independently metered for utilities, ensuring convenience for both tenants and owners. Outdoor spaces are enhanced with vibrant wall murals, lush landscaping, and elegant water features, making these units highly desirable for short-term guests. Situated near LA's major studios (Disney, Universal, Warner Bros.) and iconic attractions like the Hollywood Bowl, this property offers unbeatable convenience for tourists and professionals alike. Easy access to major freeways and Metro stations makes commuting a breeze. This high-demand, income-generating property is a rare find in one of LA's hottest rental markets. Act fast-- your short-term rental empire awaits!
Property Type(s):
Residential Income
| Last Updated | 9/23/2024 | Year Built | 1924 |
|---|---|---|---|
| Community | Toluca Lake | County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Oven, Range Hood |
| AREA | Toluca Lake |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Fire Pit, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Concrete, Driveway, Gated, None, RV Access/Parking, RV Gated |
| HEAT | Central, Fireplace(s), Forced Air, Natural Gas |
| INTERIOR | Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting |
| LOT | 6988 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 50x139 |
| PARKING | Concrete,Driveway,Gated,None,RV Gated,RV Access/Parking |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Spanish |
| VIEW DESCRIPTION | None |
| ZONING | LARD1.5 |
Location
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Listed with Element RE, Inc
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