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$ 1,785,000
Est. payment /mo
Active
4503 Tobias Avenue Sherman Oaks, CA 91403
4 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $714
MLS Listing ID CL26660261
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 2015
Lot Size 7,500 Sqft
Acres 0.1722
Property Sub-Type Single Family Residence
Property Description
Location! Location! Location! Rare Sherman Oaks Opportunity! Ideally situated just one block from Ventura Boulevard, this exceptional property features two detached single-story homes on one lot, offering a unique opportunity for owner-users, investors, or multi-generational living. The front residence (4503) was completely rebuilt in 2015 and currently generates $3,650 per month in rental income. The rear residence (4501) was newly constructed in 2015 and is tenant-occupied on a month-to-month basis at $4,000 per month. Both homes feature desirable open-concept floor plans with high ceilings, modern kitchens, laminate flooring throughout, tankless water heaters, central heating and air conditioning, and in-unit laundry. Each residence enjoys its own private, fenced backyard, providing comfort and privacy for occupants. Parking is plentiful, with two private garages plus three additional uncovered spaces. Adding to the property's appeal is a potential value-add opportunity to build a second story on the front home, with the possibility of expanding to approximately 2,800 square feet (buyer to independently verify all development potential). Whether you're looking to live in one home while collecting rental income from the other, or seeking a strong income-producing investment, this rare Sherman Oaks property delivers outstanding flexibility and upside. One lot. Two homes. Endless possibilities. Contact the listing agent for additional details.
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Window Features Screens
Appliance Dishwasher, Microwave
Laundry Inside
Exterior
Pool None
View Y/N true
View Park/Greenbelt
Total Parking Spaces 4
Private Pool false
Building
Story 1
Architectural Style Modern
Level or Stories One Story
New Construction No
Others
Tax ID 2265004010
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Listed by Ekaterina Nalbandova • Compass