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Sell Your Toluca Lake Apartment Building

Glen Scher, Filip Niculete and the LAAA Team help Toluca Lake owners plan a property sale. Review local completed transactions and request a confidential valuation or proposal.

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2

Transactions

$2.75M

Total Volume

4.27%

Avg Cap Rate

$308,750

Avg $/Unit

5

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: all 2 of these closed transactions are apartment sales.

LAAA Team Track Record Since 2012

Toluca Lake Multifamily Market Overview

The LAAA Team's published Toluca Lake history includes 2 transactions totaling $2.8M, dated 08/17/2017 through 12/04/2024. This is a small historical team sample, not a current market survey or a price quotation. The transaction table preserves the property types and dates; apartment metrics use the separate samples identified below the statistics.

The local closing history includes 10611 Landale Street and 10725 Bloomfield Street. Their mailing city is North Hollywood in the source records; the shared market list and historical transaction data identify their Toluca Lake coverage. For a smaller apartment building, leases, actual collections, maintenance and unit documentation are central to both the proposal and buyer underwriting.

Before choosing a sale price, assemble the current rent roll, leases, collections, operating statements, loan terms and records of capital work. We compare relevant recent transactions with your building's actual income and condition, then discuss pricing, offering materials, buyer targeting, access and due diligence. Confirm local jurisdiction and applicable rent rules for the property rather than relying on a neighborhood label.

If you are weighing a sale against holding or an exchange, tell us about your current equity, cash flow, management preferences and replacement goals. We can discuss a valuation, sale-net estimate and equity or exchange analysis. Your qualified intermediary and tax adviser confirm exchange eligibility and timing. Buyers can explore current listings; the historical table contains completed transactions.

Toluca Lake Market Area

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LAAA Team Closings in Toluca Lake

2 transactions by Glen Scher, Filip Niculete & the LAAA Team

10611 Landale St

North Hollywood • 2024

Price
$1,400,000
Units
5
Cap
5.34%
$/Unit
$280,000

10725 Bloomfield Street

North Hollywood • 2017

Price
$1,350,000
Units
4
Cap
3.21%
$/Unit
$337,500

Source: LAAA Team Closed Transactions

Selected Deal Stories

Toluca Lake Multifamily Investment FAQs

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA