4441 Forman, Toluca Lake, California 91602, Toluca Lake, 91602 - 0 bed, 0 bath
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Toluca Lake, California 91602
Analysis of 4441 Forman, Toluca Lake, California 91602 is currently available with a list price of $1,999,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1948, this property is well-maintained but dated. While major systems have been upgraded (copper plumbing, electrical panel, and central HVAC), the interior finishes, particularly the bathroom with its vintage tile and fixtures, are over 30 years old and require modernization.
Elementary School: Theodore Roosevelt Elementary School (9/10).
Situated in the heart of Toluca Lake near major studios and the T.L. Village, this property is nestled among multi-million dollar homes, ensuring strong long-term appreciation and high tenant desirability.
The property will be delivered free from existing leases, providing a rare and significant advantage for investors to immediately set market-rate rents or for owner-users to occupy the units without relocation hurdles.
Originally constructed in 1948, the property may require more frequent preventative maintenance and specialized care for its historic elements compared to modern residential income assets.
Given the existing building footprint and lot size, there is restricted room for significant additional development or large-scale ADU additions without compromising the property's curated landscaping and yard space.
Beautiful Trophy 4-Plex in the heart of Toluca Lake. Nestled among multi-million dollar homes, this property is just steps to the T.L. Village. Units have hardwood floors, extensive crown moldings and are meticulously maintained. Building has copper plumbing and electrical panel upgraded, central heat and air. Separate laundry room with spacious yard. Gorgeous landscaping. A property you would be proud to own. This wonderful fourplex is sited in an excellent central location in beloved Toluca Lake near major studios, Universal City, parks, schools, and freeways, just moments to the Burbank Airport, Downtown LA, Hollywood, and the very best of the Valley and city. Beautiful trophy building in the heart of Toluca Lake. (Between Moorpark & Riverside.) Units have hardwood floors & crown moldings. Gorgeous landscaping. For those who only want the best. Currently 2 units are occupied by the owner and 2 units are vacant. Buyer will have property free from leases.
No exterior & parking available.
Grades K-5 • 0.7 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 | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,166 | 3,323 | 50% |
| Lot Size | 7,599 | 7,453 | 50% |
| Price | $2.00M | $1.62M | 50% |
| Price per sq ft | $480 | $492 | 50% |
| Built year | 1948 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 50 | 50% |
Apr 19, 2026
$1,999,999
Initial Listing
Oct 30, 2007
$1,345,000
Public Record
Aug 30, 2001
$550,000
Public Record