4503 Tobias Avenue, Sherman Oaks, CA 91403
4503 Tobias Avenue, Sherman Oaks, CA 91403
4503 Tobias Avenue, Sherman Oaks, CA 91403
4503 Tobias Avenue, Sherman Oaks, CA 91403
4503 Tobias Avenue, Sherman Oaks, CA 91403
4503 Tobias Avenue, Sherman Oaks, CA 91403
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$ 1,785,000
Est. payment | /mo

4 Beds

4 Baths

2,500 SqFt


Save
$ 1,785,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,500 SqFt

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

Bridge MLS
Listed by Ekaterina Nalbandova • Compass

Nearby Locations

Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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4503 Tobias Avenue