10912 Landale Street

North Hollywood, CA 91602

$2,095,000
Price
6
Beds
5
Baths
2,673 Sq. Ft.
$784 / Sq. Ft.
2,673
Sq. Ft.
$784
per Sq. Ft.

Description

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...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!
  1. Listed by Keri White • DRE #01491049 • Brokerage DRE #00896039 • Element RE, Inc
  2. Listed by Mary Acierno • DRE #01526186 • Element RE, Inc

Property Details for 10912 Landale Street

Zoning
LARD1.5
Style
Spanish
Parcel Number
2423008029
Total Units
3.0
Living Area
2673
Source Living Area
Assessor
Area
Toluca Lake (TUL)
Vacancy Rate
3
LISTING UPDATED: 10/01/2024 12:01 AM

Property Details for 10912 Landale Street

StatusActive
MLS #24-442477
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 6,988 SF
CountyLos Angeles County

Building Information for 10912 Landale Street

Stories1Residences-Year Built1924Building Size-Lot Size0.16 AC / 6,988 SF

Property Information for 10912 Landale Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Complex Name: N/A
  • Number Of Units: 3
  • Amenities: None
  • Senior Community: No
  • Management Company Name: N.A
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water: Public
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Conventional
  • Disclosures: Owner Has R.E. License
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $165,943
  • Net Operating Income: $141,343.00
  • Gross Income: $174,000
  • Gross Rent Multiplier: $12.04
  • Total Annual Expense: 32657
  • Electric Expense: $1,157.00
  • Tax Expense: $25,000
  • Gardener Expense: $4,800
  • Insurance Expense: $1,700
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: No
  • Lot Acreage: 0.1604
  • Lot Size Square Feet: 6988
  • Lot Size Dimensions: 50x139
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Rectangular Lot
  • Lot Description: Curbs, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Driveway, RV Access, Gated, Garage - None, RV Gated, Driveway - Concrete
  • Total Parking: 6
  • Covered Parking: 0
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Driveway, RV Access/Parking, Gated, None, RV Gated, Concrete
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Breakfast Area, Breakfast Bar, Living Room
  • Levels: One, Two
  • Fireplace Features: Living Room, Fire Pit
  • Fireplace Rooms: Living Room, Fire Pit
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central, Fireplace(s), Natural Gas, Forced Air
  • Heating Type: Central, Fireplace, Natural Gas, Forced Air
  • Flooring: Engineered Hardwood
  • Equipment: Ceiling Fan, Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Stackable W/D Hookup, Alarm System, Gas Or Electric Dryer Hookup
  • Interior Features: Built-Ins, Laundry - Closet Stacked, Living Room Balcony, Mirrored Closet Door(s), Open Floor Plan, Recessed Lighting, Turnkey
  • Room Kitchen Features: Kitchen Open to Family Room, Remodeled Kitchen
  • Kitchen Features: Gourmet Kitchen, Open to Family Room, Remodeled
  • Room Bathroom Features: Remodeled, Shower
  • Bathroom Features: Remodeled, Shower Over Tub, Shower Stall
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Free Standing Gas, Microwave, Oven, Range Hood
  • Laundry: In Closet, In Kitchen, Inside, Laundry Area
  • Laundry Equipment: Own
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Clay, Composition, Flat, Other, Shingle, Tile
  • Sprinklers: Sprinkler System
  • Patio Features: Patio Open, Other - See Remarks, Balcony, Concrete Slab
  • Entry Location: Ground Level w/steps
  • Windows: Drapes/Curtains, Window Blinds
  • New Construction: No
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Hard Coat, Stucco
  • Foundation Details: Slab
  • Other Structural Features: Balcony, Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-23-2024
  • Rent Control: No
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Insurance, Trash Collection, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 3
  • Number of Dishwasher: 3
  • Number of Disposal: 3
  • Number of Drapes: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 0
  • Number Patio: 2
  • Number Range: 3
  • Number Refrigerator: 0
  • Number Rented Garages: 0
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $980,845.00
  • Assessed Improvement Percent: 57.04
  • Assessed Land Value: $738,745.00
  • Assessed Land Percent: 42.96
  • Assessed Total Value: $1,719,590.00

Property History for 10912 Landale Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10912 Landale Street

Taxable ValueLand$753,519Additions$1,000,461Total$1,753,980
Tax Record2024$21,466 ($1,789 / month)
Home Facts
Total Finished SqFt2,673 SqFtAbove Grade Finished SqFt2,673 SqFtStories1Lot Size6,986 SqFtStyleTriplexYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN2423-008-029

Schools near 10912 Landale Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Rio Vista Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10912 Landale Street is a multi-family home for sale in North Hollywood, CA 91602. This property was listed for sale on September 23, 2024 by Element RE, Inc, it's currently listed at $2,095,000. It has been on the market for a total of 30 days and was last sold on August 31, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Rio Vista Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 10912 Landale Street is a 6-bed, 5-bath, 2,673 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Element RE, Inc, Keri White, DRE #01491049; Element RE, Inc, Mary Acierno, DRE #01526186

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.