Turnkey Investment Gem in the Heart of Toluca Lake! Welcome to an exceptional income-generating opportunity in one of Los Angeles' most coveted neighborhoods. Perfectly positioned in prime Toluca Lake, this beautifully upgraded property offers rare versatility with high-yield potential ideal for investors, owner-users, or anyone looking to capitalize on strong rental demand.At the front, a charming 2-bedroom, 2-bathroom Spanish-style home has been tastefully remodeled, blending timeless architectural appeal with modern comforts. Enjoy private outdoor living spaces that include a cozy fire pit, serene Moorish-inspired water feature, and mature drought-tolerant landscaping all curated for low-maintenance luxury and guest enjoyment.Tucked behind the main residence lies a sleek, fully permitted duplex built in 2018designed with both form and function in mind. Each of the two 2-bedroom, 2-bath units features contemporary interiors with stainless steel appliances, subway tile showers, in-unit laundry, and private outdoor patios. The upper unit offers two balconies ideal for relaxing or enjoying LA's signature sunshine. Not subject to Rent Stabilization (buyer to verify), the duplex offers added flexibility for short-term or long-term rental strategies.Each unit is separately metered for utilities, enhancing convenience and management efficiency. Vibrant murals, lush greenery, and tranquil water elements elevate the outdoor experience, making this property highly attractive for both tenants and guests.Centrally located near major studios including Warner Bros., Disney, and Universal, and just minutes from iconic destinations like the Hollywood Bowl, this property is perfectly positioned to attract entertainment professionals and tourists alike. With easy access to the 101, 134, and Metro stations, commuting across LA is effortless.Whether you're seeking a high-performing asset or a unique live/rent hybrid opportunity, this fully turn-key property delivers on all fronts. Don't miss the chance to own a premier income-producing retreat in the vibrant heart of Toluca Lake.