Toluca Lake

Toluca Lake, CA Real Estate

Toluca Lake is a neighborhood in the San Fernando Valley region of Los Angeles County, California. It is located in the cities of Burbank and Los Angeles, 12 miles (19 km) northwest of Downtown Los Angeles. The name is also given to a private natural lake which is fed by the Los Angeles River and maintained by neighboring property owners.

According to an analysis of the 2000 census data by the Los Angeles Times, the Los Angeles section of Toluca Lake is an affluent, domestically stable, well-educated, older-aged, low-density neighborhood of the city.

The history of Toluca Lake can be traced back to the days of the Tongva Indians, followed by Spanish and Mexican occupation and development. It was part of the early rancho system and then it was later divided, with the neighborhood being known as Forman Toluca Ranch. In 1923, investors bought and developed the land as “Toluca Lake Park.”

In recent years the neighborhood has been the home of noted entertainment and other personalities and was the site of the wedding reception for Ronald and Nancy Reagan. More recently yet there has been opposition to a proposed development in North Hollywood by NBCUniversal and Thomas Properties Group.

The Los Angeles portion of Toluca Lake is situated on 1.22 square milesof the southeastern San Fernando Valley. The Mapping L.A. section of the Los Angeles Times website describes it as bounded on the south by Universal City, on the west by Studio City, on the north by North Hollywood and on the east by the city of Burbank.

The Toluca Lake Chamber of Commerce states that the district is not only a neighborhood in Los Angeles but that it “spills over into Burbank” and that “Political entities and others, such as the Greater Toluca Lake Neighborhood Council each draw their own boundaries to suit specific needs.

source: wikipedia.org


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Toluca Lake - Market Stats

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