Don't miss this amazing opportunity to Work Below, Live above and have rental income. This opportunity does not come along often in Toluca Terrace. The 1st floor has 2 offices and a bathroom, a large workspace/Dance or Art studio with high ceilings and a bathroom. Great for any type of business. There is a 1 bedroom unit with a full bath plus a kitchen and dining area, and plenty of storage and closet space. The 2nd floor is a beautifully upgraded 3 bedroom apartment with a full bath. The kitchen has plenty of cabinets, Quartz countertops, Stainless Steel appliances and is open to the dining area with views. The living room has plenty of space for entertaining with views through the enclosed balcony with views. The Primary bedroom has a closet, and the 2 guest rooms are good sized and have ample closet space. There is a separate laundry room next to the kitchen with plenty of storage. There are hardwood floors, Recessed lights. Separate gas meters and electrical panels, 2 car garage, RV parking and much more. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all the potential. Zoned CA2. Great for business owner, contractor or passive income investor or multi family. First time on the market since 1989.