How much money could a business in Toluca Lake make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Toluca Lake could lead to making ~2% more than selecting an average location, and ~5% more than one of the worst locations.

What businesses are most in demand in Toluca Lake?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Toluca Lake are Pet Grooming Shops, Ukrainian Restaurants, and Indonesian Restaurants.

What are the best businesses to open in Toluca Lake?

The top businesses to open in Toluca Lake include Pet Grooming Shop with a ~83% chance on average of surviving more than 2 years, best-case locations reaching ~85%, followed by Ukrainian Restaurant and Indonesian Restaurant.

Is Toluca Lake a good place to start a business?

Toluca Lake is ranked number 116 across neighborhoods in and around Los Angeles to start a business, with an average Survivability Score of ~75%. The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.

How can you find the best location to open a business in Toluca Lake?

StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, and mobility patterns to pinpoint which blocks in Toluca Lake maximize success.

Business Survivability in Toluca Lake, Los Angeles

StreetSpring's 2026 analysis finds that the best business to open in Toluca Lake is a Pet Grooming Shop with a ~83% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•18 min read

Quick Summary

Best business: a Pet Grooming Shop in Toluca Lake (~83% average survival rate, ~85% at best locations)

Neighborhood rank: #116 across all neighborhoods in and around Los Angeles

Neighborhood average: ~75% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Reviewed and updated: April 30, 2026 — Bobby Koons, Founder & CEO, StreetSpring

In this article:

Summary
Is Toluca Lake a good place to start a business?
How to find the best location
Best businesses to open
How much money could a business make?
What businesses should open next?
Frequently Asked Questions

Summary

StreetSpring's 2026 analysis finds that the best business to open in Toluca Lake is a Pet Grooming Shop with a ~83% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~85% chance; next is an Ukrainian Restaurant with a ~82% chance, followed by an Indonesian Restaurant with a ~81% chance.

Should you open a business in Toluca Lake?

**Where else does Toluca Lake look like?** The strongest demographic and amenity-density matches are **Santa Ana Triangle (Los Angeles)** and **Creston Kenilworth (Portland)**, sharing less transit-reliant. If you've worked in either of those neighborhoods, expect Toluca Lake to behave similarly on the dimensions that drive survival.

**What goes wrong in Toluca Lake.** Across 93 subtypes we track, **Pet Grooming Shop averages 83%** — the highest in the neighborhood. Yet a site-level look shows Pet Grooming Shops range from **73% to 90%** across Toluca Lake — a 17-point window where the address, not the concept, decides the outcome. For competitive density: Ukrainian Restaurants are the most-concentrated tracked subtype (17 within 0.5 miles).

Among all neighborhoods in and around Los Angeles, Toluca Lake ranks #116 for business survivability, with an average score of ~75%.

The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.
That said, the same business types at the worst-fit addresses in Toluca Lake can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
With 90.2% of the local population employed, Toluca Lake presents a stable consumer base — particularly for food, beverage, and service businesses that depend on repeat discretionary spending.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.

Which blocks in Toluca Lake offer the strongest survivability?

StreetSpring can pinpoint which exact blocks in Toluca Lake maximize a business's chances of success. The map below shows the highest-scoring storefront area for a Pet Grooming Shop in Toluca Lake per 2026 data:

Reading visibility, frontage, and parking carefully

Loading live map preview...

This map shows the optimal location for a Pet Grooming Shop in Toluca Lake based on StreetSpring's 2026 survivability analysis. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. The prediction model incorporates 100 location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.

Check if this location is still available →

What kinds of businesses thrive in Toluca Lake?

#1-5: Highest Survivability in Toluca Lake

Pet Grooming Shop is ranked #1 for top businesses to open in Toluca Lake: ~83% chance on average, best at ~85%, challenging at ~81%.
Ukrainian Restaurant — ~79%–~84% survivability range, with an average of ~82% across Toluca Lake.
Opening an Indonesian Restaurant in Toluca Lake shows ~81% average survivability. Top locations reach ~83%; lower-end sites show ~80%.
Pet Boarding Facility (Ranked #4): ~81% average in Toluca Lake. Best-case storefronts: ~83%. Challenging locations: ~79%.
Veterinary Clinic is ranked #5 for top businesses to open in Toluca Lake: ~81% chance on average, best at ~83%, challenging at ~78%.

#6-10: Strong Performers in Toluca Lake

Filipino Restaurant — ~79%–~82% survivability range, with an average of ~80% across Toluca Lake.
Opening a Kosher Restaurant in Toluca Lake shows ~80% average survivability. Top locations reach ~82%; lower-end sites show ~78%.
Scandinavian Restaurant (Ranked #8): ~80% average in Toluca Lake. Best-case storefronts: ~82%. Challenging locations: ~79%.
Watch Store or Repair Shop is ranked #9 for top businesses to open in Toluca Lake: ~80% chance on average, best at ~83%, challenging at ~77%.
Diner — ~78%–~82% survivability range, with an average of ~80% across Toluca Lake.

Top 3 Compared Nationally

What revenue can a Toluca Lake business expect?

Best location vs. average location

Based on StreetSpring's 2026 analysis, following the survivability data rather than relying on intuition or foot traffic estimates in Toluca Lake could lead to you making ~2% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.

How StreetSpring calculates location value

Every business type has unique location requirements that must be considered.
Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
Choosing locations with superior Survivability Scores directly correlates with higher revenue potential.
Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.

The biggest opportunity gaps in Toluca Lake

The top businesses to open next in Toluca Lake:

Pet Grooming Shops — ~83% average survival rate, up to ~85% at best locations
Ukrainian Restaurants — ~82% average survival rate
Indonesian Restaurants — ~81% average survival rate

However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Our training data spans 130+ business types across 24 major metros, giving our models the breadth to predict outcomes across nearly any commercial concept. A 11.5% vacancy rate in Toluca Lake reflects the current commercial environment; StreetSpring weights this directly in every survivability score for addresses in this neighborhood. These rankings are a snapshot; StreetSpring recalculates survivability for every location in Toluca Lake weekly, incorporating the latest competitive openings, closures, and spending data — check current locations now.

See the Survivability Score for your new business

Related Articles:

See the Los Angeles Business Survivability Rankings
See the Los Angeles Neighborhood Survivability Rankings

Frequently Asked Questions

Here are the most common questions about opening a business in Toluca Lake.

What type of business should you rent your Toluca Lake storefront to?

StreetSpring's analysis shows that the highest-survivability tenant types for a storefront in Toluca Lake are Pet Grooming Shops, Ukrainian Restaurants, and Indonesian Restaurants.

Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for 2+ years.

Should you rent your Toluca Lake storefront to a Pet Grooming Shop?

StreetSpring's 2026 analysis strongly supports renting to a Pet Grooming Shop in Toluca Lake: best-in-class addresses achieve ~85% survivability, and even the lower-end sites come in at ~81% — above average for most business types.

Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.

What should I consider when opening a business in Toluca Lake?

When evaluating potential locations in Toluca Lake, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.

High Revenue Capture Score is the clearest signal that a location can sustain a business over the long term.
StreetSpring's in-house models are continuously updated with new business outcome data to keep predictions accurate.
StreetSpring is free to use — see the current survivability score for any address in Toluca Lake right now.

See the best place for your business at StreetSpring.

Our analysis covers businesses serving more than 180 million+ Americans across 24 major US metros. Aggregated survivability rankings for Los Angeles are available in machine-readable format for research and integration purposes.

Permits, licensing, and zoning specifics worth flagging

Consideration	Common pitfall	What to verify before signing
Insurance + compliance	General liability quoted at a starter rate, then jumping 2-3x once you add property + workers' comp + business interruption.	Get binding quotes from 2 insurers before signing the lease. Most landlords require minimum coverage levels — read those terms first.
CAM + hidden costs	Stated rent looks great, then CAM fees, signage charges, and after-hours utilities add 15-30%.	Get the full operating expense breakdown for the past 2 years. Ask which costs are landlord-capped vs. uncapped.
Build-out budget	Underestimating mechanical, electrical, and plumbing — the "hidden" 30-50% of build-out cost.	Get 3 quotes from licensed contractors and pad budget by +20% for surprises. Confirm landlord TI allowance in writing.

Full dataset for Los Angeles: /resources/data/los-angeles-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.

Visual Data

Dumbbell chart comparing best vs worst locations for businesses in Los Angeles — Best vs worst neighborhood per business type in Los Angeles — the gap shows how much location choice matters for each subtype.

Treemap of Los Angeles business mix by survivability score — Treemap of business mix in Los Angeles — cell size = number of locations, color = average survivability score.

Radar chart of business-subtype survivability in Toluca Lake, Los Angeles — Top business types scored in Toluca Lake, Los Angeles — each axis is a subtype, taller = stronger survival rate.

How we measure this: Our gradient-boosted survivability model has 100+ input features. The waterfall shows the top 6-8 contributors to a final score.

**Neighborhood context.** Toluca Lake is a neighborhood in the city of Los Angeles, California, located in the San Fernando Valley 12 miles (19 km) northwest of downtown. The name is also given to a private natural lake fed by wells and maintained by neighboring property owners. Source: [Wikipedia](https://en.wikipedia.org/wiki/Toluca_Lake%2C_Los_Angeles).

**Daytime vs. resident population (Toluca Lake):** US Census LEHD workplace data shows Toluca Lake carries a **0.4× daytime/resident ratio** (a primarily-residential signal with some daytime worker pull), with median 1-mile workplace jobs of **13,628** (and **1,416** retail-sector jobs within that radius). A useful read on demand timing for any new storefront concept here.

Landmark anchor: Toluca Lake, Past & Present sits in Toluca Lake as a museum anchor — adding a cultural-destination layer to neighborhood foot-traffic.

**Economic context that bounds the demand environment in Toluca Lake:** Per ACS, neighborhood unemployment is **9.8%** (above the 24-metro neighborhood median). BLS QCEW shows the Los Angeles metro's average weekly wage at **$1,127** (below our 24-metro median). And Los Angeles County permitted **22,446** new residential units in 2025 per Census BPS — a population-and-demand growth signal.

**Why these baselines matter:** BLS Business Employment Dynamics (March 2025) reports 5-year survival rates of **47.8-61.8%** across the industries StreetSpring covers. Restaurants survive at **50.0%** nationally — not 20%. The location decision is what separates the 30% above the baseline from the 30% below.

Related:

Neighborhood-Specific Questions

Local-context questions, answered with neighborhood-specific numbers.

What does household composition look like in Toluca Lake?

Average household size in Toluca Lake is 2.1, versus 2.7 across the Los Angeles metro. Smaller households suggest more singles or couples — favorable for casual dining, fitness, and convenience retail.

What does the employment picture in Toluca Lake look like for new businesses?

Roughly 90% of Toluca Lake's working-age population is employed, against a Los Angeles metro median of 93%. Below-average employment can constrain discretionary spending — value-oriented and essential services tend to fare better.

How does Toluca Lake's vacancy rate affect commercial demand?

Approximately 11% of Toluca Lake housing units are vacant — above the Los Angeles metro median (5%). Elevated vacancy can mean softening demand or short-term opportunity to negotiate rent — verify against commercial-corridor activity before committing.

How does income in Toluca Lake compare to the rest of Los Angeles?

ACS data shows median household income in Toluca Lake at roughly $123K, compared to $113K across the Los Angeles metro. Income is close to the metro median, so business-type fit depends more on local demographics and competition.

Approximately 55% of Toluca Lake adults hold a bachelor's degree or higher, compared to 39% across the Los Angeles metro. A highly educated population tends to support specialty retail, premium services, and professional offices.