10932 Bloomfield Street
Toluca Lake, CA 91602

SELLER FINANCING AVAILABLE - 1985 CONSTRUCTION. We are proud to present 10932 Bloomfield St, an 8-unit pride of ownership multi-family asset located in the prime Toluca Lake submarket of the San Fernando Valley. Built in 1985, this 5,771 square foot property is subject to AB-1482 Rent Control, allowing the new owner to increase rents by up to 10% annually. This income producing property features an attractive unit mix of (1) 3 bed/2 bath unit, (2) 2bed/2 bath units,(1) 1bed/1 bath unit, and (4) studio units. The large studio units have bedroom partitions, however, on title they are listed as studios and all second floor units have vaulted ceilings. Current ownership has spent over $200,000 in recent capital improvements including a new roof (2021), central air in two of the larger units, split HVAC in one studio, remodeling exterior stairs, and new security gates. The recent cosmetic improvements to the entrance and the new landscaping gives the subject property beautiful curb appeal. Tenants enjoy on-site amenities such as gated parking and laundry (owned not leased).