
Toluca Lake, California 91505
This Turnkey Multi-Generational Property is a Prime Investment Opportunity, listed at $2,195,000—positioned well below the $2,244,079 Fair Market Value by 2%. This valuation gap offers $49,079 in Instant Equity. Featuring a Mint Condition Rating, the home includes a newly built 2024 ADU with a separate address and Thermador kitchen upgrades. Located in a quiet cul-de-sac near top-rated Burbank schools, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4134 W Mcfarlane Avenue Subject | $2,195,000* List Price | 4 | 3 | 2,607 | $861 | - |
A 4140 W Mcfarlane Avenue Sold | $2,320,000 | 3 | 4 | 2,162 | $1,073 | 0.0 mi |
B 2925 W Oak Active | $1,895,000 List Price | 4 | 3 | 2,100 | $902 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a high-end renovation within the last 5 years, featuring a modern kitchen with Thermador appliances and stone countertops, along with tastefully remodeled bathrooms. Additionally, it includes a brand-new 560 sqft ADU built in 2024 and updated systems including multiple EV chargers, placing it in mint, move-in ready condition.
The property includes a newly built (2024), fully independent 560 sqft ADU with its own address, separate entrance, and dedicated EV charger, providing exceptional flexibility for rental income or multi-generational living.
The main residence features a chef's kitchen with Thermador stainless steel appliances and stone countertops, complemented by updated bathrooms and dual EV chargers in the garage, blending classic charm with contemporary luxury.
Situated on a quiet cul-de-sac, the home offers a highly desirable location near top-rated Burbank schools, major film studios, and premium shopping and dining, ensuring long-term value and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2607, other record living area = 2047. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With two separate residential structures and a garage occupying a 6,752 sqft lot, the remaining backyard space may feel somewhat constrained for buyers prioritizing a large, expansive lawn.
While the home is beautifully remodeled, the original 1951 construction may still feature older underlying systems or architectural limitations common to mid-century properties that haven't undergone a full studs-out renovation.
Welcome to 4134 McFarlane Ave, a charming Traditional-style home that seamlessly blends classic character with modern upgrades, complete with a newly built, fully independent ADU offering exceptional flexibility and value.Situated on a 6,750 sqft lot, the main residence spans approximately 2,047 sqft and features 3 bedrooms, 2 beautifully updated bathrooms, and a versatile loft that can serve as the third bedroom or a home office. An oversized 600 sqft walk-in attic provides abundant additional storage. The updated kitchen is outfitted with stone countertops, Thermador stainless steel appliances, and a large island that opens effortlessly to the dining area and backyard. The inviting living room showcases hardwood floors, abundant natural light, and a cozy fireplace, while the primary suite offers direct backyard access and a tastefully remodeled bathroom. Thoughtfully designed for privacy and functionality, the detached 560 sqft ADU (built in 2024) lives like its own residence with a completely separate entrance and approach, not simply a backyard conversion. It features an additional 1 bedroom, 1 bathroom, a full kitchen, its own living space, 2 designated parking spaces, and even a dedicated EV charger, making it ideal for guests, extended family, or generating rental income. Adding to its independence and value, the ADU has its own separate address: 4136 W. McFarlane Avenue. The private backyard offers a spacious patio, a lush lawn, and room to add a pool, while the newly built 2-car garage is equipped with dual EV chargers for modern convenience. The property is uniquely positioned to provide excellent separation and privacy between the main home and ADU.Located on a quiet cul-de-sac near top-rated Burbank schools, major studios, shopping, and dining, this move-in ready property delivers the perfect balance of comfort, style, and versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,607 | 1,489 | 94% |
| Lot Size | 6,752 | 6,717 | 66% |
| Price | $2.19M | $1.20M | 94% |
| Price per sq ft | $842 | $842 | 49% |
| Built year | 1951 | 1941 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 124 | 1% |
May 18, 2026
$2,195,000
Initial Listing
Oct 30, 1998
$333,500
Public Record