Mayelian Group is pleased to present for sale an unentitled development site in the thriving, densely populated Toluca Lake area. The subject is located near Vineland and Ventura freeway. Develop ±17 units as multifamily project utilizing density bonus TOC tier 1 (buyer to confirm). Subject has potential income of $53,880. The subject is presently a 4-unit building consisting of two 1+1 units and two S+1 units. Located in the heart of the Toluca Lake close to trendy NoHo Arts District. Additionally, it is minutes from both Studio City, Burbank, and other major cities. Cash only. See attached OM.
Sold for $850,000
Tax assessed value
$850,000
10868 Bloomfield St, North Hollywood, CA 91602
4beds
0baths
8,398Square Feet
VacantLand
Built in 1928
8,398 Square Feet Lot
$1,128,700 Zestimate®
$393/sqft
$3,196 Estimated rent
Home value
$1,128,700
$914,000 - $1.40M
$3,196/mo
Zestimate® history
Owner options
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$3,196/mo
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$3,196/mo
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$5,380/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Interior area
- Total interior livable area: 2,161 sqft
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 8,398 Square Feet
- Features: 0-1 Unit/Acre, 2-5 Units/Acre
Details
- Parcel number: 2423020001
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $850,000
- Annual tax amount: $10,582
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $850,000-19%$393/sqft |
Source: Public Record Report a problem | ||
| 2/25/2020 | Sold | $1,050,000-12.4%$486/sqft |
Source: CRISNet / SRAR #SR20035618 Report a problem | ||
| 2/24/2020 | Pending sale | $1,199,000$555/sqft |
Source: Keller Williams Encino-Sherman Oaks #SR20035618 Report a problem | ||
| 2/18/2020 | Listed for sale | $1,199,000$555/sqft |
Source: Keller Williams Encino-Sherman Oaks #SR20035618 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,582 -24.4% | $850,000 -24.5% |
| 2024 | $13,994 +2% | $1,126,210 +2% |
| 2023 | $13,726 +4.8% | $1,104,136 +2% |
| 2022 | $13,093 +1.2% | $1,082,495 +2% |
| 2021 | $12,932 +1% | $1,061,278 +1400.5% |
| 2020 | $12,809 +881.4% | $70,726 +2% |
| 2019 | $1,305 +13.8% | $69,348 +2% |
| 2018 | $1,147 | $67,997 +2.6% |
| 2017 | $1,147 +1.9% | $66,272 +2% |
| 2016 | $1,126 +4.5% | $64,973 +1.5% |
| 2015 | $1,077 -2% | $63,998 +2% |
| 2014 | $1,099 | $62,745 +4.5% |
| 2011 | -- | $60,039 +0.5% |
| 2009 | -- | $59,735 +2% |
| 2008 | -- | $58,565 +2% |
| 2007 | -- | $57,418 +2% |
| 2005 | -- | $56,293 +4% |
| 2004 | -- | $54,110 +1.9% |
| 2003 | -- | $53,119 +2% |
| 2002 | -- | $52,078 +4% |
| 2000 | -- | $50,058 |
Find assessor info on the county website
Neighborhood: Studio City
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Nearby schools
GreatSchools rating
- 7/10Rio Vista Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10North Hollywood Senior High SchoolGrades: 9-12Distance: 1.7 mi
- California
- Los Angeles County
- Los Angeles
- 91602
- Studio City
- 10868 Bloomfield St