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Toluca Lake

Getting to know Toluca Lake

Toluca Lake is a neighborhood in the city of Los Angeles, California, located in the San Fernando Valley12 miles northwest of downtown. The name is also given to a private natural lake fed by wells and maintained by neighboring property owners. Prior to the paving of the Los Angeles River in 1938 and L.A. well extraction in the late 19th and 20th century which lowered the water table, Toluca Lake was fed by artesian springs. The history of Toluca Lake can be traced to the days of the Tongva Indians, followed by Spanish colonization and Mexican independence. Toluca Lake was part of the early rancho system. The original Toluca Lake was divided, with the neighborhood being known as Forman Toluca Ranch. In 1923, investors bought and developed the land as "Toluca Lake Park".The neighborhood has had notable residents. Comedian Bob Hope was a longtime resident of Toluca Lake, as were Audie Murphy and Jonathan Winters. Legendary film composer Erich Wolfgang Korngold lived there from 1938 to 1957, right on the lake. Famed actress Bette Davis built a house there. Bing Crosby and Frank Sinatra also had houses there. More recently, it has been the home of entertainers such as Hilary Duff, Tara Strong, Steve Carell, Wayne Knight, Andy Garcia, and Melissa McCarthy.
 
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Market Stats for Toluca Lake

by Price Range

General Stats

Highest Price Listing

$4,499,000

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Average Listing Price

$1,343,837

Total Market Listings

41

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Average Price Per Sq Ft

$600.00