10742 Sarah Street is a pride-of-ownership triplex located on a quiet residential street in the heart of Toluca Lake, minutes from the NoHo Arts District, and surrounded by ongoing neighborhood investment and new development. Historically, the property has attracted high quality tenants at top-of-market rents with minimal vacancy. The meticulously maintained building offers meaningful upside while benefiting from substantial capital improvements. Recent systems upgrades include copper plumbing to the street, a newer roof, upgraded electrical panel, new water heater, and epoxy-coated garage floor. The expansive downstairs unit features an ornate coffered ceiling, private covered patio, and abundant storage, while an upstairs unit showcases tasteful 1950s-inspired retro finishes. Tenants pay own utilities. Each unit enjoys its own private laundry room and two-car tandem parking (six total). Additional vacant rear garage currently not used presents further income or ADU potential. Short distance to neighborhood hot spots, comedy clubs, restaurant, bars, and markets. A rare opportunity to acquire a well-maintained income property in one of the Valley's most desirable rental markets.
