Property Detail

10850 Bloomfield

Los Angeles CA 91602

$13,200,000

Status: Active

Property Details

Description

A rare opportunity to acquire a 28-unit luxury multifamily community in one of the San Fernando Valley's most coveted residential enclaves. Completed in 2016 and held by its original developer-owner since delivery, The Bloomfield offers investors newer construction, premium finishes, and an exceptional level of pride of ownership rarely available in today's market. The property features a well-balanced unit mix of one-, two-, and three-bedroom residences, each appointed with gourmet kitchens, custom cabinetry, stainless steel appliances, hardwood and tile flooring, and full-size front-loading washers and dryers. Private balconies, controlled telephone entry, gated subterranean parking with 53 spaces, bicycle storage, and dual-pane windows round out a resident experience built for long-term retention and premium rents. The building spans approximately 40,023 gross square feet on a 17,364-square-foot lot, with concrete foundation, wood-frame construction, and central HVAC throughout. Location is central to the opportunity. Situated in the heart of Toluca Lake, the asset is minutes from Studio City, Burbank, Universal City, and North Hollywood placing residents at the center of one of Los Angeles' most dynamic employment and entertainment corridors. Major studio employers including Warner Bros., Walt Disney Studios, NBCUniversal, and Universal Studios sit just miles away, supporting consistent renter demand from entertainment and media professionals. Everyday conveniences Trader Joe's, Gelson's, Vons, CVS, and the walkable Riverside Drive restaurant and retail corridor are all within easy reach, while access to the 101, 134, and 170 freeways connects residents throughout the Valley and greater Los Angeles. Financially, the offering presents meaningful upside. Current in-place rents sit roughly 8% below market, and two vacant units offer immediate mark-to-market potential upon lease-up. With a current occupancy of approximately 89%, a disciplined lease-up strategy could quickly close the gap between in-place and market rents, driving strong forward NOI growth. The asset's newer vintage also minimizes near-term capital expenditure needs relative to older Valley product, preserving investor returns. Combining original developer ownership, modern construction, a premier Toluca Lake address, and embedded rental upside, this offering represents a durable, income-producing investment in one of Los Angeles' most supply-constrained rental submarkets.

Map Location

Listing provided courtesy of Elliot Hassan of NorthMarq Realty Services, Inc.. Last updated 2026-09-18 08:10:57.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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