4432 Forman Avenue, Toluca Lake, California 91602, Toluca Lake, 91602 - 3 bed, 3 bath

4432 Forman Avenue, Toluca Lake, California 91602 home-pic-0

4432 Forman Avenue

Toluca Lake, California 91602

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,610Sq Ft
6,801Lot Size

Property Price

LIST PRICE$2,395,000
EST. MARKET VALUE
$2,387,237

SUMMARY

Analysis of 4432 Forman Avenue, Toluca Lake, California 91602 reveals a Fairly Priced Property with a current list price of $2,395,000  aligned with the estimated $2,387,237 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Toluca Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,387,237
Based on Realkey algorithm analyzing recent comparable sales in Toluca Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4432 Forman Avenue
Subject
$2,395,000*
List Price
332,610$915-
A
10441 Bloomfield
Sold
$1,750,000422,027$8630.4 mi
B
4426 Auckland Avenue
Sold
$1,775,000322,307$7690.4 mi
C
4433 Arcola Avenue
Sold
$2,400,000332,406$9980.2 mi
D
4345 Talofa Avenue
Sold
$2,000,000322,258$8860.1 mi
E
10408 Bloomfield Street
Sold
$2,005,000331,931$1,0380.3 mi
F
4419 N Clybourn Avenue
Active
$2,295,000
List Price
432,708$8470.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1935 Spanish Revival is in move-in ready condition, featuring a thoughtfully remodeled gourmet kitchen with high-end Sub-Zero, Wolf, and Viking appliances. The property boasts significant infrastructure upgrades, including dual HVAC and updated electrical and plumbing systems. While it retains its historic architectural charm, the spa-inspired bathrooms with luxury fixtures and the well-maintained Pebble Tec pool indicate a high level of upkeep and modern functionality.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Theodore Roosevelt Elementary School (9/10).

  • Authentic Spanish Revival Character

    Built in 1935, this home preserves its 'Old World' charm with original architectural details like exposed wood beams, arched passageways, and wrought iron accents, offering a timeless aesthetic highly valued in Toluca Lake.

  • High-End Modern Upgrades

    The property features a gourmet kitchen with professional-grade Sub-Zero, Wolf, and Viking appliances, alongside essential infrastructure improvements including dual HVAC and upgraded electrical and plumbing systems.

CONSRISKS & DEFICIENCIES

  • Limited Bedroom Count

    With only three bedrooms in the main residence, the home may not meet the needs of larger families or buyers requiring multiple dedicated indoor office spaces.

  • Modest Lot Size

    The 6,801-square-foot lot is relatively compact for the $2.395M price point, which may limit expansive green space for buyers seeking a larger yard or greater distance from neighbors.

About 4432 Forman Avenue

Romantic Old World Spanish charmer nestled in the heart of Toluca Lake, a coveted enclave known for its privacy and celebrity appeal. This beautifully maintained 3-bedroom, 2.5-bath residence showcases classic Spanish Revival architecture with wood shutters, tile roof, wrought iron detailing, and authentic lantern lighting. Inside, timeless character blends seamlessly with modern comfort, featuring hardwood floors, an inviting fireplace, and exposed ceiling beams that create a warm, elegant ambiance. Graceful arched passageways connect the spacious living room to the formal dining room, ideal for refined entertaining. The thoughtfully remodeled gourmet kitchen is appointed with Sub-Zero, Wolf, and Viking appliances, granite countertops, butcher block accents, and custom paver flooring, while a stylish powder room is enhanced with colorful Talavera tile and a hammered metal basin. An expansive media room with Saltillo tile floors and custom built-ins offers a relaxed yet sophisticated gathering space. The primary suite serves as a private retreat with exposed beams, a balcony, and a spa-inspired bath featuring Walker Zanger tile, custom vanity tops, a jetted tub, separate shower, and Kallista fixtures. Additional highlights include surround sound throughout the home and backyard, custom woodwork, upgraded electrical and plumbing systems, and dual HVAC. A detached guesthouse provides flexible space for guests, office, or creative studio use. The resort-style backyard is designed for exceptional entertaining, complete with an outdoor kitchen with swing seating beneath a palapa, a Pebble Tec pool and spa, multiple lounging areas, and lush landscaping that creates a private, tranquil escape just moments from the shops and dining of Toluca Lake Village.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1935
Lot Size
6,801 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Toluca Lake Unified Schools

Toluca Lake Elementary School

Grades K-5 • 0.7 mi

7/10

Rio Vista Elementary School

Grades K-5 • 0.9 mi

7/10

R. L. Stevenson Elementary School

Grades K-5 • 1.0 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,6102,284.5
59%
Lot Size6,8017,770
30%
Price$2.40M$1.86M
65%
Price per sq ft$918$920
50%
Built year19351939
33%
HOA$0$0
50%
Days on market11180
4%

Pricing History

Listed for Sale

Feb 23, 2026

$2,395,000

Initial Listing

Sold

Jul 20, 2018

$1,825,000

Public Record

Sold

Feb 13, 2007

$1,585,000

Public Record

Sold

May 18, 2006

$1,650,000

Public Record

Sold

Jun 30, 1995

$120,000

Public Record

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