DEVELOPMENT DEAL! 10613 and 10619 Whipple St are two side-by-side fourplexes that are zoned LAR3 in an A+ Toluca Lake location. The buildings reside on two R3 lots totaling 14,336 SF. Both fourplexes are fully vacant and ready for development! There are so many routes to profit on this RARE Toluca Lake double parcel opportunity. The current owner was discussing a high profit senior housing project on this site. Other great options include a condo complex, townhomes, a large apartment building or a small lot subdivision. New construction rentals in luxurious Toluca Lake go for approximately $3,000 for 2 bedrooms and $4,000 for 3 bedrooms. Or, if you are looking to go the condo/townhome/small lot route, prices are around $700,000+. This property is located in the most sought after, celebrity-packed city in all of Los Angeles, Toluca Lake. Both the rental market and the residential sale?s market are unbeatable in this area. The property is minutes from Universal Studios, charming Toluca Lake Village with all of its shops and restaurants, the NoHo Arts District, Tujunga Village, and Studio City?s main hub of Ventura Blvd and Laurel Canyon.
Listing provided courtesy of
, The 2-4 Unit Specialists
Additional Property Details
100' X 144
Named for the studio lot that later became CBS Studio Center, Studio City has transcended its early moviemaking roots to become a quietly hip community that offers all the charms of small town life with easy access to all the city offers.
Real Estate: Studio City real estate for sale includes both single family homes and condos and apartments for rent and sale. Ranch, traditional, and mid-century modern homes are prevalent in the area. There are several large apartment communities in the area including Archstone and Avalon.
Community Life: Ventura Boulevard offers retail shops, gastro pubs, and trendy cafes. Thrift shops and indie boutiques abound and “sushi row” offers some of the best sushi options in the Valley. The Studio City Farmers’ market is held every Sunday from 8:00 a.m. to 1:00 p.m. Fryman Canyon Park is a 122 acre park with spectacular views, a fitness course and access to a mountain trail that connects with other parks. The park offers year-round springs and wooded canyons happily traversed by hikers.
Education: Studio City is served by the Los Angeles Unified School District. Local public schools include Walter Reed Middle School and Rio Vista Elementary School. There are many private schools in the area including Harvard-Westlake School, Campbell Hall School, Bridges Academy, Oakwood Elementary, and Morning Star Christian Academy.
Transportation: Studio City is most easily accessed by the 101 Freeway. The DASH line runs through Van Nuys/Studio City for commuters.
Local Attractions: The Studio City Walk of Fame along Ventura Boulevard features tiles honoring Republic Studios and the many stars who starred in its productions. The historic Sportsmen’s Lodge dates back to before the film industry but played host to many celebrities during Hollywood’s golden era and has six acres of gardens and water features. The home from the popular “Brady Bunch” television series is located in the area.
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