Looking for your dream Toluca Lake home for sale, condo, apartment or foreclosure property? You can save time and start your Toluca Lake property search right here. Preview the listings that fit your lifestyle and budget. I've got many Toluca Lakehomes for sale in my online library of property listings. Toluca Lake is a district in the San Fernando Valley region of the City of Los Angeles, California. It is situated in the southeastern San Fernando Valley between the city of Burbank, the Los Angeles district of North Hollywood and the unincorporated county area of Universal City. The area's historic boundaries are Cahuenga Boulevard, Clybourn Avenue, Camarillo Street and the Los Angeles River. An upscale community marked by tranquil neighborhoods, Toluca Lake is 12 miles north of downtown Los Angeles and favored by Hollywood professionals looking to get "out of the city," while still residing within the L.A. City limits. It is located between two major studios, Universal Studios to the south and Warner Bros. to the east.