September 29, 2008

1.2 Million Dollar Toluca Lake Home Goes to Producer/Director

  1.2 Million Dollar Toluca Lake Home Goes to Producer/Director

Anyone ever travel out to Toluca Lake? An old college friend of mine lived there years ago and I went to go visit her home once or twice. Toluca Lake sits on the southeastern part of the San Fernando Valley. Other than visiting my friend, I never really had much reason to go there. But Toluca Lake is central to some great places of exploration like Warner Brothers Studios, Universal Studios, and Griffith Park.

Recently, the LA Times Hot Property Blog reported that Producer/Director David Barrett bought a traditional two-story home there for 1.2 mil. The home comes with 2, 530 square feet, four bedrooms, four bathrooms, and a small saltwater pool. The home was formerly owned by Toluca Lake Tennis Club owner, Randy Landsberger. Barrett’s credits include “Cold Case”, “The Bionic Woman”, and “Smallville”.

Homes can range from $223,950 for a one-bedroom, one-bathroom condo to 7.8 million for a six-bedroom, nine-bathroom sprawling resort of a mansion (13,000 square feet) on an acre of land. Single-family homes average $509 a square foot with a median price of $949,000. Condos average $342 a square foot with a median price of $494,900.

Now, I’ll leave you with my Toluca Lake real estate picks for this week.

More For Your Money: 10757 Hortense St., #107/3bd, 3bth/1,141 square feet/$245 a square foot/$280,000

Price Drop Alert: 4944 Ledge Ave./4bth, 2bth/2,407 sq. ft./$875,000 to $849,900

New Market Listing: 10635 Landale St./2bd, 3bth/1,758 sq. ft./$509,000


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