4649 Cartwright Avenue, Los Angeles, California 91602, Los Angeles, 91602 - 4 bed, 3 bath
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4649 Cartwright Avenue
Los Angeles, California 91602
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,130Sq Ft
6,998Lot Size
Property Price
LIST PRICE$1,995,000
EST. MARKET VALUE
$1,796,628
11% AboveMARKET VALUE
SUMMARY
This Spanish-style residence represents a Strong Value Opportunity, listed at $1,995,000—positioned above the $1,694,111 Fair Market Value. While priced for the premium Toluca Lake market, the property offers significant utility through its Permitted ADU and Luxurious Primary Suite. With a Condition Rating of 3, the home is move-in ready, featuring modern updates and a landscaped backyard. Proximity to Theodore Roosevelt Elementary (9/10) adds long-term stability. This is an ideal acquisition for Owner-Occupants seeking multi-generational living or Investors targeting high-demand rental areas.
Estimated Market Value
$1,796,628
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4649 Cartwright Avenue Subject 4 bd · 3 ba · 2,130 sqft · $843 | $1,995,000* List Price | 4 | 3 | 2,130 | $843 | - |
A 4740 Denny Avenue Sold 3 bd · 2 ba · 2,060 sqft · $767 · 0.1 mi | $1,580,000 | 3 | 2 | 2,060 | $767 | 0.1 mi |
B 4219 Klump Avenue Sold 3 bd · 2 ba · 1,978 sqft · $878 · 1.0 mi | $1,737,000 | 3 | 2 | 1,978 | $878 | 1.0 mi |
C 10537 Woodbridge Street Active 3 bd · 3 ba · 1,810 sqft · $1,000 · 0.5 mi | $1,810,000 List Price | 3 | 3 | 1,810 | $1,000 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
This 1937 Spanish home is well-maintained and move-in ready. The bathrooms have been updated with modern fixtures, including a luxury primary bath with heated floors and a second bath with contemporary subway tiling. The kitchen and HVAC systems are fully functional, reflecting a quality renovation within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Theodore Roosevelt Elementary School (9/10).
- Permitted ADU
The property features a fully permitted ADU with its own address, separate entrance, kitchen, and laundry, providing excellent potential for rental income or multi-generational living.
- Prime Toluca Lake Location
Situated in the heart of Toluca Lake, this home offers exceptional walkability to the neighborhood's premier restaurants, boutique shops, and local amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2130, other record living area = 1806. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers seeking the panoramic vistas common in other high-end Los Angeles pockets.
- Inconsistent School Ratings
While the local elementary schools are highly rated, the assigned middle and high schools have lower performance scores, which could be a concern for education-focused families.
About 4649 Cartwright Avenue
This beautifully maintained Spanish home sits in the heart of Toluca Lake. The bright interior features a spacious living room with a bay window and paneled fireplace, a formal dining room, and a well equipped kitchen overlooking blooming bougainvillea. Three bedrooms include a private primary suite with French doors to the backyard, a walk-in closet, and a large bath with a steam shower, soaking tub, dual vanities, heated floors, and skylight. The landscaped backyard offers mature olive and citrus trees, a covered pergola, fountain, built-in fire pit, and outdoor lighting. A permitted ADU has its own address, separate entrance, kitchen, laundry, full bath, and private gated area. Close to Toluca Lake's restaurants, shops, and neighborhood amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 6,998 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Toluca Lake Elementary School
Grades K-5 • 0.3 mi
7/10
Rio Vista Elementary School
Grades K-5 • 0.6 mi
7/10
Theodore Roosevelt Elementary School
Grades K-5 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,130 | 1,670.836 |
| Lot Size | 6,998 | 6,152.156 |
| Price | $2.00M | $1.34M |
| Price per sq ft | $937 | $807 |
| Built year | 1937 | 1941 |
| HOA | $0 | $238 |
| Days on market | 62 | 56 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,995,000
Initial Listing
Sold
Aug 23, 2022
$1,910,000
Public Record
Sold
Jun 1, 2020
$1,271,000
Public Record
Sold
Feb 4, 2011
$749,000
Public Record
Sold
Sep 17, 2004
$769,000
Public Record