10519 Riverside Drive is a 12 unit apartment building, located in the prime neighborhood of Toluca Lake. The current rents are grossly under market and there is high upside in income. The asset also has great re-development value. It is situated on a corner lot with alley access. There is a total of 14,898 sq. ft. of land, zoned R-3. Please do not disturb the tenants. The sale will require court confirmation. Contact the listing broker for more information.
Multi-familyProperty Type
1949Year Built
0.34 acresLot Size
$215Price/Sq.Ft.
12 spacesParking
Listed by Jon Emrani•DRE #01427038• Marcus & Millichap
•310-422-8052 (agent)
•jon.emrani@marcusmillichap.com (agent)
Bought with Jon Emrani•DRE #01427038• Marcus & Millichap
10519 Riverside Drive is a 12 unit apartment building, located in the prime neighborhood of Toluca Lake. The current rents are grossly under market and there is high upside in income. The asset also has great re-development value. It is situated on a corner lot with alley access. There is a total of 14,898 sq. ft. of land, zoned R-3. Please do not disturb the tenants. The sale will require court confirmation. Contact the listing broker for more information.
10519 Riverside Drive is a 12 unit apartment building, located in the prime neighborhood of Toluca Lake. The current rents are grossly under market and there is high upside in income. The asset also has great re-development value. It is situated on a corner lot with alley access. There is a total of 14,898 sq. ft. of land, zoned R-3. Please do not disturb the tenants. The sale will require court confirmation. Contact the listing broker for more information.
Year
Property tax
Land + Additions
Assessment*
2025
$51,288 (+1.1%)
$2,897,932 + $1,267,843
$4,165,775
2024
$50,712 (+2.0%)
$2,841,110 + $1,242,984
$4,084,094
2023
$49,731 (+4.8%)
$2,785,402 + $1,218,612
$4,004,014
2022
$47,432 (+1.3%)
$2,730,787 + $1,194,718
$3,925,505
2021
$46,809 (−0.2%)
$2,677,243 + $1,171,293
$3,848,536
2020
$46,892 (+4.1%)
$2,624,749 + $1,148,327
$3,773,076
2019
$45,067 (+0.9%)
$2,597,836 + $1,136,553
$3,734,389
2018
$44,683 (+2.3%)
$2,546,899 + $1,114,268
$3,661,167
2017
$43,686 (+120.9%)
$2,448,000 + $1,071,000
$3,519,000
2016
$19,776 (+365.3%)
$2,448,000 + $1,071,000
$3,519,000
2015
$4,250 (−1.9%)
$1,225,000 + $305,000
$1,530,000
2014
$4,334 (−1.2%)
$113,179 + $109,578
$222,757
2012
$4,386 (+0.9%)
$112,668 + $109,083
$221,751
2011
$4,348 (+1.8%)
$110,459 + $106,945
$217,404
2010
$4,272 (+3.1%)
$108,294 + $104,849
$213,143
2009
$4,141 (+2.8%)
$107,485 + $104,066
$211,551
2008
$4,028
$107,741 + $104,314
$212,055
Tax history for 10519 Riverside Dr
Year
Property tax
Land + Additions
Assessment*
2025
$51,288 (+1.1%)
$2,897,932 + $1,267,843
$4,165,775
2024
$50,712 (+2.0%)
$2,841,110 + $1,242,984
$4,084,094
2023
$49,731 (+4.8%)
$2,785,402 + $1,218,612
$4,004,014
2022
$47,432 (+1.3%)
$2,730,787 + $1,194,718
$3,925,505
2021
$46,809 (−0.2%)
$2,677,243 + $1,171,293
$3,848,536
2020
$46,892 (+4.1%)
$2,624,749 + $1,148,327
$3,773,076
2019
$45,067 (+0.9%)
$2,597,836 + $1,136,553
$3,734,389
2018
$44,683 (+2.3%)
$2,546,899 + $1,114,268
$3,661,167
2017
$43,686 (+120.9%)
$2,448,000 + $1,071,000
$3,519,000
2016
$19,776 (+365.3%)
$2,448,000 + $1,071,000
$3,519,000
2015
$4,250 (−1.9%)
$1,225,000 + $305,000
$1,530,000
2014
$4,334 (−1.2%)
$113,179 + $109,578
$222,757
2012
$4,386 (+0.9%)
$112,668 + $109,083
$221,751
2011
$4,348 (+1.8%)
$110,459 + $106,945
$217,404
2010
$4,272 (+3.1%)
$108,294 + $104,849
$213,143
2009
$4,141 (+2.8%)
$107,485 + $104,066
$211,551
2008
$4,028
$107,741 + $104,314
$212,055
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
1960
Sq. Ft.
10,798
Year built
1949
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2424001004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Feb 7, 2017 • Final
Bldg-alter/repair
Remodel kitchens and bathrooms in residential buildings. No structural changes are included.
Bathroom
Kitchen
Remodel
Jan 26, 2017 • Final
Hvac
Install ductless mini split systems.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Other
Parking
# of Parking Spaces (Total): 12
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 115416
Gross Operating Income: $111,954
Net Operating Income: $53,185
Multi-Unit Expenses
Total Annual Expense: $58,768
Multi-Unit Other Financial Information
Rent Control: 100
Gross Rent Multiplier: 20.14
Vacancy Rate: 3
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Residential
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $743
Projected Rent: $5,946
Actual Rent: $5,946
# of Units: 8
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $896
Projected Rent: $3,582
Actual Rent: $3,582
# of Units: 4
Exterior
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 14,897
Zoning: LAR3
Financial
Assessment Information
Assessed Land Value: $113,179
Assessed Improvement Value: $109,578
Assessor Parcel Number: 2424-001-004
Location
Community Information
# of Units in Complex (Total): 12
Location Information
Directions: North East corner of Riverside Drive and Auckland Avenue.
Public facts
Beds: —
Baths: —
Sq. Ft.: 10,798
Stories: —
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1949
Year Renovated: 1960
County: Los Angeles County
APN: 2424001004
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: As Is, Court Approval Required, Probate
Around this home
Schools
Toluca Lake Elementary School
Public K-5 • Assigned • 0.5mi
8/10
Walter Reed Middle School
Public 6-8 • Assigned • 1.5mi
7/10
East Valley Senior High School
Public 9-12 • Assigned • 1.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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