Toluca Lake is one of the smaller LA multifamily submarkets by inventory — and one of the most stable by pricing. Buildings trade infrequently.
Selling an apartment building here? Toluca Lake multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 4 |
| Units | 84 |
| Total volume | $36.8 million |
| Median price per unit | $338K |
| Range | $240K – $701K |
Median and range are drawn from the 4 Toluca Lake buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.
| Address | Units | Price | Closed |
|---|---|---|---|
| 10834 Bloomfield St | 18 | $4,315,000 | 2023-07 |
| 10656 Moorpark St | 40 | $16,450,000 | 2019-04 |
| 10640 Woodbridge St | 21 | $14,725,000 | 2016-01 |
| 4428 Moorpark Way | 5 | $1,320,000 | 2013-03 |
Toluca Lake is small — geographically a compact pocket east of Burbank and north of the Cahuenga Pass. Demographics are strong. The submarket has drawn a disproportionate share of entertainment-industry renters for decad...
Read the full seller's guide →Living in townToluca Lake is a small LA-region neighborhood straddling LA City and Burbank, known for residential character and historic entertainment-industry residents. Most of the Toluca Lake postal area falls within LA City.
See the full neighborhood profile →Closings4 Sterman Multifamily Group closings in Toluca Lake. See the full transaction record.
See all 4 Toluca Lake closings →FAQ4 common questions about selling an apartment building in Toluca Lake — answered.
Read the full FAQ →Toluca Lake is a small-scale residential submarket with limited multifamily inventory. The buildings that do exist trade at premium pricing relative to neighboring Valley submarkets because of the neighborhood's residential character and entertainment-industry demand.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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