AVAILABILITY DETAILS
- Size
- 37,897 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA541128
- Notes
- 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.
- Uses
- Land
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Dave Maron, NAI Capital