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10717 Addison St

Toluca Lake Adj.
Fourplex

OFF-MARKET!!! Sleek, easy to manage new construction fourplex in an upscale residential pocket minutes to the center of the NoHo Arts District. Our team has secured massive rents for nearby Toluca Lake Adj/NoHo new construction units. Features private patios, massive windows, sleek cabinetry and high ceilings. Plus it comes fully loaded with stainless steel kitchen appliances! Huge ADU(s) potential.

List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:

$3,325,000
5.17% (pro forma)
14.74 (pro forma)
6,497 sqft
4x 4b/3b 
Major Curb Appeal
Separately metered utilities
A+ Toluca Lake Adj. Pocket
Moments from NoHo Arts District
​Ideal for 1031 exchanges
Washer/dryer included in all units
Stainless Steel Appliances
Four 2-Car Garages
12 Total Parking Spaces
Major ADU potential
Hottest Valley Rental Market
Low maintenance
No rent control
Huge ADU(s) potential

Click to View Photos

The Neighborhood

<10-Minute Walk

Ralphs, Yogurtand, Subway, Walgreens, Starbucks, NoBAR, Amsterdam Café, TEAPOP, Fat Dog, Tamashi Ramen House, Rodini Park

<5-Minute Drive

Universal Studios, HaHa Comedy Club, Trader Joe’s, Sushi Yuzu, The Counter, Coffee Bean, Sharkey’s, Aeirloom Bakery, Catcher In The Rye, CVS

<$10 Uber Ride

Amazon Fresh, Starbucks, Patys, Lemonade, Something Vegan, Tocaya, Sweetgreen, Robeks, Veggie Grill, Bob’s Big Boy, Hanks Bagels, Priscilla’s

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Submit your offers now!

  • 5.17% projected cap rate!

  • Sleek cabinetry, huge windows, and premium finishes!

  • All units separately metered for gas, electric AND water!

  • Trophy property in A+ neighborhood

  • 12 parking spaces (8x garage + 4x exterior)

  • No rent control!

  • Stainless steel kitchen appliances

  • Separately metered for gas, electric & water

  • Walking distance to the upscale, celebrity-studded Toluca Lake and Toluca Woods!

  • Walking distance to the heart of the NoHo Arts District

  • Situated in the hottest rental market in the Valley!

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