Celebrity Enclave in the Valley

Apartments in Toluca Lake, CA

Welcome to Toluca Lake, a lakeside Los Angeles neighborhood in the San Fernando Valley long favored by Hollywood luminaries, between Burbank and Studio City.

Toluca Lake is an affluent neighborhood within the city of Los Angeles, set in the southeastern San Fernando Valley about twelve miles northwest of downtown. It straddles the edges of Burbank, North Hollywood, Studio City, and Universal City, at the northern base of the Hollywood Hills. About 8,000 residents live in its compact 1.22 square miles. The neighborhood takes its name from Toluca Lake, a private natural lake fed by wells and maintained by surrounding property owners — a rare inland lake in the Los Angeles basin. The area, once part of Rancho Forman Toluca, was developed beginning in 1923 as one of the Valley's earliest residential communities, laid out around the lake with tree-lined streets and distinctive homes. Toluca Lake is best known for its long association with the entertainment industry. Situated minutes from Warner Bros. in Burbank, Universal Studios, and the production hub of the East Valley, it has been home to generations of Hollywood figures — Amelia Earhart was among its early residents, and Bing Crosby, Frank Sinatra, W.C. Fields, Lucille Ball, and, most famously, Bob Hope all lived here. That low-key celebrity character endures, drawing industry professionals who want a quiet, lakeside setting with a short commute. The neighborhood is served by the Los Angeles Unified School District, with Toluca Lake Elementary within its bounds, and sits near Burbank's schools and a concentration of prominent private academies. Riverside Drive and the nearby freeways provide routes across the Valley and into the Los Angeles basin. Toluca Lake suits buyers seeking an established, character-rich Valley neighborhood with the lake, studio proximity, and a famously private, village-like atmosphere.

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MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 0
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $1,415,000 +9.3%
square_foot Price per Sq Ft $776
schedule Avg Days on Market 8
sell Homes Sold 26
percent Sale-to-List Ratio 101.0%
inventory_2 Months of Inventory 6.3

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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