Riverton Street Apartments
4844 Riverton, West Toluca Lake, CA

This 16-unit property is located in the West Toluca Lake district, within a few blocks of the Chateau Camarillo and Kling Street apartment communities owned by a prior IEC-sponsored Partnership (Plaza 6000 Partners).

West Toluca Lake’s reputation as an upscale [East of Vineland] community continues to attract the renter profile that appreciates, and is willing to pay for, tastefully renovated apartment units. With the amicable settlement of both the Screen Actors and Writers Guild labor negotiations, the employment base remains on a firm foundation: Universal Studios, Warner Brothers, and Disney. The area is further benefited by convenient access to Highway 134, which connects with Highway 101 serving downtown Los Angeles, Burbank, and the San Fernando Valley. Burbank Airport, with its ‘user friendly’ reputation, provides an increasing popular alternative to the congestion at Los Angeles International.

Built in 1988 (rent control exempt), Riverton presents a luxury condominium appearance. A hybrid California Contemporary with brick façade, this two-story structure is constructed over one level of on grade parking. The property’s primary amenity is a very attractively landscaped courtyard, a focal point for each of the units all of which have balconies to enhance the courtyard experience. In addition, there is secure parking and intercom-controlled access.

The units’ interiors offer quality features to match the exterior, and include dishwashers, fireplaces, central air conditioning, and exceptionally high quality kitchen cabinetry. Unit size, always a critical consideration, is generous: the two-bedrooms average 1,050 sq. ft. while the one-bedrooms are 800 sq. ft.