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

4432 Forman Avenue
Toluca Lake, California 91602
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4432 Forman Avenue Subject | $2,395,000* List Price | 3 | 3 | 2,610 | $915 | - |
A 10441 Bloomfield Sold | $1,750,000 | 4 | 2 | 2,027 | $863 | 0.4 mi |
B 4426 Auckland Avenue Sold | $1,775,000 | 3 | 2 | 2,307 | $769 | 0.4 mi |
C 4433 Arcola Avenue Sold | $2,400,000 | 3 | 3 | 2,406 | $998 | 0.2 mi |
D 4345 Talofa Avenue Sold | $2,000,000 | 3 | 2 | 2,258 | $886 | 0.1 mi |
E 10408 Bloomfield Street Sold | $2,005,000 | 3 | 3 | 1,931 | $1,038 | 0.3 mi |
F 4419 N Clybourn Avenue Active | $2,295,000 List Price | 4 | 3 | 2,708 | $847 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Rio Vista Elementary School
Grades K-5 • 0.9 mi
R. L. Stevenson Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,610 | 2,284.5 | 59% |
| Lot Size | 6,801 | 7,770 | 30% |
| Price | $2.40M | $1.86M | 65% |
| Price per sq ft | $918 | $920 | 50% |
| Built year | 1935 | 1939 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 180 | 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






























































