A narrow pathway lined with greenery leading to a building at 10763 kling st, under a blue sky with some clouds.

Closed Listing

Value-Add Owner-User in Toluca Lake

10763 kling st

sold in

Toluca Lake

5

Number of Units

1931

Year Built

3,588

SF

Square Footage

7,773

SF

Lot Size

LAR3

Zoning

10763 Kling St, North Hollywood, CA 91602

About the Property

10763 Kling St features five maintained units in the family-friendly Toluca Lake submarket. Situated just West of Lankershim Blvd, the subject property is located minutes from the heart of the North Hollywood Arts District. This perfect owner-user investment property is comprised of (1) 2-bdrm. and 2-bath single-family residence and (4) 1-bdrm. units in a two-story back building. Please note, the SFR and (1) 1-bdrm. unit will be delivered VACANT upon COE. 10763 Kling presents the perfect value-add opportunity as current rents are approx. 29% below market compared to renovated units in the area. Property amenities include on-site laundry (for the front house), communal back yard, five parking spaces and each unit is separately metered for gas and electricity.

5

Number of Units

1931

Year Built

3,588

SF

Square Footage

7,773

SF

Lot Size

LAR3

Zoning

Price P/ Unit

$310,000

Price p/ Sq. ft.

$432

Proforma Cap Rate

6.08%

Contact

Sales agent

Aerial view of the front house at 10763 kling st, built into a hillside, surrounded by greenery and rock formations.
Aerial view of the front house at 10763 kling st, built into a hillside, surrounded by greenery and rock formations.
Aerial view of the front house at 10763 kling st, built into a hillside, surrounded by greenery and rock formations.
Aerial view of the front house at 10763 kling st, built into a hillside, surrounded by greenery and rock formations.
Aerial view of 10763 kling st with various buildings and mountains in the background under a clear blue sky.
Aerial view of 10763 kling st with various buildings and mountains in the background under a clear blue sky.
Aerial view of 10763 kling st with various buildings and mountains in the background under a clear blue sky.
Aerial view of 10763 kling st with various buildings and mountains in the background under a clear blue sky.
A two-story building at 10763 kling st, with a staircase, surrounded by parked cars and a clear blue sky overhead.
A two-story building at 10763 kling st, with a staircase, surrounded by parked cars and a clear blue sky overhead.
A two-story building at 10763 kling st, with a staircase, surrounded by parked cars and a clear blue sky overhead.
A two-story building at 10763 kling st, with a staircase, surrounded by parked cars and a clear blue sky overhead.
A backyard scene at 10763 kling st, with a table and chairs, surrounded by greenery and a white wall under a blue sky.
A backyard scene at 10763 kling st, with a table and chairs, surrounded by greenery and a white wall under a blue sky.
A backyard scene at 10763 kling st, with a table and chairs, surrounded by greenery and a white wall under a blue sky.
A backyard scene at 10763 kling st, with a table and chairs, surrounded by greenery and a white wall under a blue sky.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.