
Toluca Lake, California 91602
Analysis of 10058 Valley Spring Lane, Toluca Lake, California 91602 is currently available with a list price of $3,050,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Toluca Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1936 with no evidence of recent renovations, the home is in a state of disrepair with stripped flooring and dated architectural elements. The listing explicitly markets the property as a renovation project or a site for a new custom residence, indicating that systems and finishes are likely at the end of their functional life.
Elementary School: Theodore Roosevelt Elementary School (9/10).
This rare property sits directly adjacent to a prestigious private golf club on a quiet cul-de-sac, offering tranquil views and a level of privacy that is highly coveted in the Toluca Lake market.
Built in 1936, the home features timeless elements like vaulted ceilings with exposed wood beams and expansive glass doors, providing a sophisticated foundation for a high-end luxury renovation.
Given its 1936 construction and description as a 'canvas,' the residence likely requires a substantial capital investment for systems updates and cosmetic modernization to meet contemporary luxury standards.
With a list price exceeding $3 million for a ~2,000-square-foot home, the acquisition cost is heavily weighted in the land, which may limit the profit margins for speculative developers or flippers.
Situated on a quiet cul-de-sac in the heart of Toluca Lake, this extremely rare golf course-adjacent property offers a prime opportunity to create something truly special. Set on a 7,533-square-foot lot with views of a prestigious private golf club, the approximately 2,084-square-foot home features three bedrooms and two bathrooms and provides the ideal canvas for a renovation, expansion, or new custom residence. The home features spacious living areas highlighted by vaulted ceilings with exposed wood beams, expansive sliding glass doors, and abundant natural light. The backyard opens directly to tranquil golf course views, creating a private setting rarely available in this neighborhood. A covered pergola, mature landscaping, and multiple outdoor entertaining areas provide the perfect foundation for a spectacular indoor-outdoor lifestyle. The existing residence offers large bedrooms, charming architectural details, and endless potential for modernization. Whether you're seeking to restore and remodel the current home or build a custom estate, the location alone makes this an extraordinary investment opportunity. Ideally situated moments from Toluca Lake Village, and major studios, this is a chance to secure a limited premier golf course property in one of Los Angeles' most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,084 | 2,670 |
| Lot Size | 7,535 | 8,236 |
| Price | $3.05M | $2.58M |
| Price per sq ft | $1.5K | $960 |
| Built year | 1936 | 1951 |
| HOA | $0 | $0 |
| Days on market | 37 | 61 |
Jul 15, 2026
$3,050,000
$3,195,000
-5% Price Drop
Initial Listing
Jun 15, 2026
$3,195,000
Initial Listing
Nov 3, 2017
$2,000,000
Public Record