
Toluca Lake, California 91602
This Iconic Historic Spanish Colonial Estate is a Strong Value Opportunity, listed at $5,299,000—positioned well below the $5,581,250 Fair Market Value by 5%. This valuation gap offers $282,250 in Instant Equity for the discerning buyer. Boasting a Top-Tier Condition Rating, the 1926 Klump Estate features a modernized open-concept kitchen, remodeled pool, and hills views on a half-acre lot. Located near the 9/10 rated Theodore Roosevelt Elementary, it perfectly balances historic prestige with contemporary luxury. This landmark residence is ideal for Owner-Occupants or Luxury Real Estate Investors seeking a turnkey, high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4352 Forman Avenue Subject | $5,299,000* List Price | 6 | 6 | 5,976 | $934 | - |
A 4256 Strohm Avenue Sold | $4,795,000 | 5 | 6 | 5,093 | $941 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1926, this historic estate has undergone extensive recent renovations that meet the highest modern standards. The property features a fully modernized open-concept kitchen with high-end stainless steel appliances (including a Wolf range), premium stone countertops, and updated cabinetry. The interior showcases pristine hardwood floors, updated recessed and designer light fixtures, and smooth plaster walls. With a newly remodeled pool and well-maintained historic architectural details, the home shows no signs of deferred maintenance and is in top-tier, move-in condition.
Elementary School: Theodore Roosevelt Elementary School (9/10).
Known as the Klump Estate, this 1926 Spanish Colonial Revival preserves iconic period details like carved wood beams and wrought-iron accents while offering nearly 6,000 square feet of living space.
Situated on a prime half-acre corner lot in the heart of Toluca Lake, the property is surrounded by legendary estates and is moments from Lakeside Golf Club and Toluca Village.
As a landmark property built in 1926, the estate may require specialized and costly maintenance to preserve its historic integrity and aging infrastructure.
While the local elementary schools are highly rated, some assigned middle and high schools in the district have significantly lower ratings, which may concern education-focused buyers.
The Klump Estate | Iconic Toluca Lake Spanish Colonial. A rare opportunity to own one of Toluca Lake's most iconic historic estates, originally built in 1926. The Klump Estate, a landmark Spanish Colonial Revival residence built in 1926 by Toluca Lake pioneer William Klump, sits prominently on nearly half an acre at the corner of Forman Avenue and Toluca Lake Avenue. Offering approximately 6,000 square feet with 6 bedrooms and 6 baths, the home blends historic architectural character with thick plaster walls, carved wood beams, wrought-iron details, arched windows and doorways, and multiple fireplaces, with thoughtful modern updates, including an open kitchen and great room. Additional features include a lower-level recreation space with a wine cellar, guest quarters above the garage, and a newly remodeled pool surrounded by mature olive and citrus trees. Ideally located in the heart of Toluca Lake, just moments from Lakeside Golf Club and the shops and dining of Toluca Village, and surrounded by the neighborhood's most storied estates, including the former homes of Bing Crosby and Bob Hope. A rare opportunity to own one of Toluca Lake's most iconic historic residences.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 6.0 | 3.0 | 80% |
| Square foot | 5,976 | 2,406 | 95% |
| Lot Size | 19,500 | 7,958 | 88% |
| Price | $5.30M | $1.95M | 93% |
| Price per sq ft | $887 | $887 | 50% |
| Built year | 1926 | 1939 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 180 | 2% |
Mar 24, 2026
$5,299,000
Initial Listing
Apr 17, 2020
$4,125,000
Public Record
Jan 17, 2014
$3,778,500
Public Record