The history of Toluca Lake dates back to the 1920’s when the first houses here were built. The original boundaries of Toluca Lake were Cahuenga Boulevard, Clybourn Avenue, Camarillo Street, and the Los Angeles River. Since then, other adjacent streets and areas have been included and are now associated with the Greater Toluca Lake area, including Toluca lake, Toluca Woods, West Toluca Lake and Toluca Terrace.
Toluca Lake is best known as the home of several movie stars including screen legends Frank Sinatra, Bob Hope, Bing Crosby, W. C. Fields, Moe Howard, Larry Fine, and The Little Rascals to name a few. It is also home to the first IHOP Restaurant and the original Bob’s Big Boy restaurant, which still serves as a carhop hangout for classic cars to this day and has been declared a State Pointe of Historical Interest.
The historic lake, which is a 6-acre body of water, is owned by the surrounding homeowners and maintained by the Toluca Lake Property Owners Association. The lake, surrounded by private residences and the Lakeside Golf Club, is inaccessible to the public. The bottom of the lake is surfaced with four inches of asphalt concrete to prevent seepage.
Real estate developers seized on the opportunity to market luxury homes to the stars and industry executives, laying out in the 1920s a planned community with a newly manicured, asphalt-bottomed Toluca Lake at its center.
Amelia Earhart was among the first to buy in the neighborhood, and soon, other luminaries of screen and sky followed suit. The neighborhood remains a popular destination for industry types looking for a low-key lifestyle with a short commute.
Real estate in Toluca Lake is diverse and offers a variety of price ranges. Although land lots for custom home building is very limited, the homes, condominiums, and townhouses in Toluca Lake for sale offer a wide array of choices for your needs. Buyers looking to purchase a home within the community can expect a competitive market starting around $1.1-1.3 million.
Toluca Lake is close to many great attractions such as Universal Studios, Equestrian Center, the Hollywood sign, Griffith Park, and the Los Angeles Zoo. If you are looking for a great path for walking, running, or biking, just a few blocks away is the Chandler Path leading into Burbank. Cocktail bars, sushi restaurants, and boutiques are plentiful on popular streets like Riverside Drive. Golf enthusiasts in Toluca Lake can join the private Lakeside Golf Club to perfect their swing.
Public schools in Toluca Lake are in the Los Angeles Unified School District. If you have children or thinking about expanding your family, Toluca Lake offers a great elementary school, Toluca Lake Elementary School.
The Los Angeles section of Toluca Lake is a part of the Los Angeles Unified School District. The Burbank section is within the Burbank Unified School District.