10555 Bloomfield St - Apartments FOR SALE


Toluca Lake, CA 91602
$24,000,000 USD
310-621-8221
10555 Bloomfield St, Toluca Lake, CA for Sale
$24,000,000 USD
Apartments - FOR SALE
1/132
null | 5.29% Cap Rate

10555 Bloomfield St
Toluca Lake, CA 91602


HIGHLIGHTS

  • Trophy 2023 Construction in Premier Toluca Lake
  • Walkable Media District Location
  • Employment Hub with High-Income Demand Drivers
  • Luxury Amenity Package Designed for Modern Renters
  • Strong Market Fundamentals and Limited Future Supply

OVERVIEW

Units: 57 (51 Market Rate Plus 6 Designated Affordable) *Building Subject to RSO Stories: 4 Type V over Type 1 Parking Gross SF: Gross: 83,061 SF (Building: 50,684 SF & Garage: 32,377 SF) Rentable: 38,038 SF Parking: 2 Below Grade Parking Garages (69 Spaces) Northmarq is delighted to introduce The Centennial Apartments, situated in the prestigious area of Toluca Lake, recognized as one of Los Angeles' most prominent media-adjacent submarkets. This property enjoys direct access to Universal City, North Hollywood, and the Burbank media corridor, where a diverse range of entertainment, healthcare, airport, and professional services contribute to a wide renter demographic. Residents can easily stroll to Universal Studios and Toluca Lake Village along Riverside Drive, which features renowned restaurants and shops, and benefit from various transit options, including the Metro B Line station at Universal Studios that connects north to the NoHo Arts District and south to Downtown LA Union Station. Riverside Drive serves as the premier commercial artery and "village" epicenter of the affluent Toluca Lake submarket. Characterized by its pedestrian-friendly, tree-lined streetscape, the corridor benefits from high-value synergy with the world’s leading entertainment conglomerates. Its immediate proximity to Warner Bros., Disney, and Universal Studios ensures a consistent daytime population of high-income industry professionals and creative executives, driving demand for upscale retail and high-end lifestyle services.

FOR SALE DETAILS

PRICE

$24,000,000 USD

PRICE/SF

$536 USD /SF

# OF UNITS

56

PRICE/UNIT

$428,571

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Centennial

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

69

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

R4-1XL

APN/PARCEL ID

2424-011-022

ASK ABOUT THIS PROPERTY

Brent SprenkleNorthmarqMore Info
310-621-8221

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Brent SprenkleNorthmarqMore Info
310-621-8221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.