Located in one of the Valley’s most desirable pockets, 10763 Kling St is a well-located Toluca Lake multifamily asset offering strong fundamentals and value-add potential. Just west of Lankershim Blvd and minutes from the vibrant North Hollywood Arts District, this five-unit Los Angeles multifamily property includes a front single-family residence and four 1-bedroom units in a two-story building at the rear of the lot. With the front house and one of the 1-bedroom units delivered vacant at close of escrow, the property presents an ideal opportunity for an owner-user or investor seeking immediate rental income and long-term upside.

The front 2-bedroom, 2-bath residence offers private use of an on-site laundry area and direct access to a shared backyard, while the four 1-bedroom units are separately metered for gas and electricity. Rents are approximately 29% below market compared to renovated units in the area, giving future ownership the ability to significantly increase revenue through interior upgrades.

10763 Kling St sits on a quiet residential street lined with single-family homes and small apartment properties, appealing to tenants seeking a peaceful yet central location. Residents enjoy easy access to the NoHo Arts District, Universal Studios, Studio City, and the 170 and 101 freeways. Daily amenities, dining, and entertainment are all just minutes away, while major employment hubs like Burbank Media District and Warner Bros. Studios are a short drive north.

With a desirable unit mix, immediate vacancy, and a location that blends neighborhood charm with urban convenience, 10763 Kling St is a compelling Toluca Lake multifamily opportunity for investors seeking an entry-point asset in a strong Los Angeles rental submarket.