
Toluca Lake, California 91602
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $1,430,000—positioned well below the $1,462,884 Fair Market Value by 2%. This valuation gap offers $32,884 in Instant Equity. Featuring a Condition Rating of 3, this property includes a Detached Guest House, a Granite Kitchen, and a private orchard. Located near Top-Rated Schools like Theodore Roosevelt Elementary, it offers a rare lifestyle in Toluca Lake. This is an ideal acquisition for Owner-Occupants or multi-generational families seeking a turnkey, high-value sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4706 Cartwright Avenue Subject | $1,430,000* List Price | 4 | 4 | 2,211 | $662 | - |
A 4654 Denny Avenue Sold | $1,675,000 | 4 | 3 | 2,323 | $721 | 0.1 mi |
B 4547 Ledge Avenue Sold | $1,670,000 | 4 | 3 | 2,262 | $738 | 0.4 mi |
C 10344 Whipple Street Sold | $1,850,000 | 4 | 3 | 2,670 | $693 | 0.7 mi |
D 4544 Talofa Avenue Sold | $1,480,000 | 4 | 4 | 3,023 | $490 | 0.7 mi |
E 4740 Denny Avenue Active | $1,629,000 List Price | 3 | 2 | 2,060 | $791 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1942, the property has been meticulously maintained and updated, featuring newly refinished hardwood floors and a kitchen with custom Brazilian granite. Systems are modern, including central HVAC with a Nest thermostat. The overall condition and high-end features like en-suite Jacuzzi tubs and a detached guest house indicate a quality renovation within the 5-15 year range, making it move-in ready.
Elementary School: Theodore Roosevelt Elementary School (9/10).
The property features a ~550 sq ft detached studio with a full kitchen and bathroom, providing excellent versatility for rental income, a creative studio, or multi-generational living.
A rare private orchard with diverse fruit trees, mature grapevines, and a fully equipped outdoor kitchen creates a unique 'California wine country' atmosphere that is difficult to find in Los Angeles.
Built in 1942, the home may possess older infrastructure or smaller room scales compared to modern builds, potentially requiring more frequent maintenance of legacy systems.
While the landscaping is lush and productive, the density of the orchard, guest house, and covered patio leaves little traditional open grass area for pets or active play.
Beyond its classic white picket fence and covered porch, 4706 Cartwright combines a meticulously maintained home, a detached guest house, and an outdoor setting unlike almost anything else in Toluca Lake. Every part of the property--from the garden to the grapevines to the small orchard--has been thoughtfully cultivated over many years, offering a connection to nature that's increasingly difficult to find in Los Angeles. A brick paver walkway winds through blooming roses, a mature olive tree, four producing pineapple guava trees, and a garden before arriving at the 1,600+ square-foot main residence. Inside, natural light fills the open living spaces, highlighting newly refinished hardwood floors, crown moldings, recessed lighting, and a welcoming fireplace. The kitchen features custom Brazilian granite countertops, generous cabinetry, and an open connection to the adjoining living and dining areas that makes everyday living as comfortable as entertaining. Just off the kitchen is a spacious laundry room complete with a utility sink and built-in storage. The home offers three bedrooms and three full bathrooms, including two en-suite bathrooms with jetted Jacuzzi tubs, spacious closets and abundant storage throughout, and a history of meticulous maintenance and genuine pride of ownership. Energy-efficient features--including central HVAC with a Nest thermostat and an attic fan that draws in cool evening air--help keep the home comfortable while reducing energy costs. Separate from the main residence, the approximately ~550+ square-foot detached studio guest house includes its own full kitchen, full bathroom, generous closet space, and laundry hookups, making it well-suited for extended family, long-term guests, a private office, a creative studio, or future rental opportunities. The backyard is where this property leaves a lasting impression. Mature espaliered Concord and white grapevines frame the perimeter of the yard and drape gracefully over the ~344 sq ft covered patio, creating a naturally shaded space for outdoor dining, weekend barbecues, or simply relaxing at the end of the day. An outdoor kitchen and barbecue area make entertaining effortless, while the surrounding landscape evokes the relaxed feeling of California wine country. Beyond the patio, a flourishing collection of mature fruit trees create a private orchard--including avocado, Minneola orange, mandarin, lemon, loquat, sapote, pomegranate, and weeping mulberry trees--that gives this retreat its unmistakable identity. Additional planting space provides ample room for a substantial vegetable garden, making the landscape as productive as it is beautiful. Whether you're harvesting fruit for breakfast, tending the garden, or sharing the season's bounty with family and friends, it's a lifestyle that feels both simple and rewarding. Ideally located in the heart of Toluca Lake, you're just moments from Toluca Lake Village, Lakeside Golf Club, Warner Bros., Disney, Universal Studios, NBC, CBS, and the NoHo Arts District. The location offers the charm of a quiet residential neighborhood with convenient access to some of Los Angeles' premier entertainment, dining, and employment centers. Rarely does a property combine a meticulously maintained home, a detached guest house, and a private backyard orchard in one of Toluca Lake's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,211 | 2,670 |
| Lot Size | 6,826 | 8,236 |
| Price | $1.43M | $2.58M |
| Price per sq ft | $647 | $960 |
| Built year | 1942 | 1951 |
| HOA | $0 | $0 |
| Days on market | 33 | 61 |
Jun 19, 2026
$1,430,000
Initial Listing
Jun 7, 2016
$886,000
Public Record