4126 Toland Way, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath

4126 Toland Way, Los Angeles, California 90065 home-pic-0
ACTIVE$999,900
4126 Toland Way, Los Angeles, California 90065
2Beds
2Baths
900Sqft
7,301Lot
Year Built
1955
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$1,111
HOA
-
Days on market
-
Sold On
-
MLS number
PW25135515
Home ConditionFair
Features
Excellent View: Canyon, Mountain(s)
ViewCanyon, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,6 Pros. Rank: price - $999.9K(28th), sqft - 900(15th), beds - 2(35th), baths - 2(50th).

Nestled in the hills of Los Angeles, 4126 Toland Way offers charm, versatility, and sweeping city views. The main house features 2 bedrooms and 2 bathrooms across approximately 900 sq. ft., with an additional 168 sq. ft. interior bonus room perfect for an office, playroom, or creative studio. Perched atop the property is a private granny suite complete with its own kitchenette, bathroom, and shower—ideal for guest accommodations, rental income, or extended family living. The property also includes four on-site storage units, a 1-car carport, and a Tesla solar system (buyer to assume), adding long-term energy efficiency and value. With its elevated position offering stunning panoramic views of the city, this unique hillside home blends practical living with income potential and privacy. A rare opportunity to own a flexible and well-appointed property in one of L.A.’s desirable eastside neighborhoods. --

Price History

Date
Event
Price
11/15/07
Sold
$450,000
10/10/06
Sold
$555,000
Condition Rating
Fair

The property, built in 1955, features a kitchen and bathroom that are functional but aesthetically dated. The kitchen has older white cabinets, tiled flooring, and an older ceiling fan, despite a newer stainless steel refrigerator. The bathroom exhibits dated brown tiling and a basic vanity. While the home appears maintained and includes a valuable Tesla solar system, the interior finishes suggest renovations that are 15-30 years old, requiring minor updates to meet current styles and standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7301, living area = 900.
Panoramic City Views: The property boasts sweeping and stunning panoramic city views from its elevated hillside position, a highly desirable feature in Los Angeles.
Income Potential / Versatility: A private granny suite complete with its own kitchenette, bathroom, and shower offers excellent potential for rental income, guest accommodations, or multi-generational living.
Energy Efficiency: Equipped with a Tesla solar system, the property offers long-term energy savings and environmental benefits, adding value.
Desirable Location: Nestled in Glassell Park, one of L.A.’s desirable eastside neighborhoods, providing a blend of practical living and community appeal.
Flexible Bonus Space: An additional 168 sq. ft. interior bonus room and four on-site storage units provide versatile space for an office, studio, playroom, or extra storage.

Cons

Potential Overpricing: The current list price of $999,900 is significantly higher than the estimated property value of $807,078.54, which may impact market competitiveness and buyer interest.
Compact Main House Size: The main house offers a relatively modest 900 sq. ft. of living space, which might be considered small for some buyers in this price point, despite the additional granny suite and bonus room.
Age of Property & Assumption of Solar: Built in 1955, the home is older and may require updates to systems or aesthetics. Additionally, the buyer is required to assume the Tesla solar system, which could involve existing lease or loan obligations.

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