4100-4110 Cahuenga Blvd, Los Angeles, CA, 91602

Highlights

• One of a kind generational opportunity to acquire a prime 37,764 SF commercial lot in the heart of Toluca Lake.
• Toluca Lake is an affluent San Fernando Valley community that is easily accessible via the 101 & 134 freeways and is situated directly adjacent to the NoHo Arts District, Universal Studios, and Warner Studios.
• Property is near the intersection of Cahuenga Blvd and Lankershim Blvd, with traffic counts of +/- 25,943 vehicles per day and only 0.4 miles from the Universal City/Studio City Transit Stop (Red Line) transit station.
• C2 zoned lot allows for 95 units by right, and up to 170 total units including density bonuses and TOC allowances.
• Assembly Bill (AB) 2097 was passed in January 2023, removing minimum parking requirements for housing developments within one-half mile of a major transit stop and offering incredible cost savings for a new developer of this site.

Description

Toluca Lake is a wealthy submarket in the heart of the San Fernando Valley. Currently the primary location for streaming content production, every major studio is currently greatly increasing their footprint in the San Fernando Valley as they work to keep pace with content demand. These include Hulu, Netflix, Amazon and Disney, as well as technology companies Apple, Facebook and Google. Residents of Toluca Lake enjoy easy commutes via the 101, 134, and 405 with easy access to major employers and lucrative job opportunities. Additionally, the property benefits from its location less than a half mile from Metro Red Line
Station at Universal Studios, from which commuters can access all of Los Angeles via Metro trains.
The neighborhood of Toluca Lake has seen very few new developments over the last decade. From 2011-YTD only 226 units have come to market in the neighborhood.

This represents the fewest units developed when compared to the surrounding neighborhoods. It also enjoys a very high income demographic, with average household incomes of $91,891 and a median housing value of $1.3M.

Toluca Lake is a wealthy submarket in the heart of the San Fernando Valley. Currently the primary location for streaming content production, every major studio is currently greatly increasing their footprint in the San Fernando Valley as they work to keep pace with content demand. These include Hulu, Netflix, Amazon and Disney, as well as technology companies Apple, Facebook and Google. Residents of Toluca Lake enjoy easy commutes via the 101, 134, and 405 with easy access to major employers and lucrative job opportunities. Additionally, the property benefits from its location less than a half mile from Metro Red Line
Station at Universal Studios, from which commuters can access all of Los Angeles via Metro trains.
The neighborhood of Toluca Lake has seen very few new developments over the last decade. From 2011-YTD only 226 units have come to market in the neighborhood.

This represents the fewest units developed when compared to the surrounding neighborhoods. It also enjoys a very high income demographic, with average household incomes of $91,891 and a median housing value of $1.3M.

Documents