4503 Tobias Ave, Sherman Oaks, CA 91403
4503 Tobias Ave, Sherman Oaks, CA 91403
4503 Tobias Ave, Sherman Oaks, CA 91403
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$1,785,000
Est. payment /mo
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4 Beds
4 Baths
2,500 SqFt
Price Dropped by $4K

4503 Tobias Ave Sherman Oaks, CA 91403

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $714

MLS Listing ID 26660261

Style Modern

Bedrooms 4

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2015

Lot Size 7,500 Sqft

Acres 0.1552

Property Sub-Type Single Family Residence

Property Description

Location! Location! Location! Rare Sherman Oaks Opportunity! Ideally situated just one block from Ventura Boulevard, this exceptional property features two detached single-story homes on one lot, offering a unique opportunity for owner-users, investors, or multi-generational living. The front residence (4503) was completely rebuilt in 2015 and currently generates $3,650 per month in rental income. The rear residence (4501) was newly constructed in 2015 and is tenant-occupied on a month-to-month basis at $4,000 per month. Both homes feature desirable open-concept floor plans with high ceilings, modern kitchens, laminate flooring throughout, tankless water heaters, central heating and air conditioning, and in-unit laundry. Each residence enjoys its own private, fenced backyard, providing comfort and privacy for occupants. Parking is plentiful, with two private garages plus three additional uncovered spaces. Adding to the property's appeal is a potential value-add opportunity to build a second story on the front home, with the possibility of expanding to approximately 2,800 square feet (buyer to independently verify all development potential). Whether you're looking to live in one home while collecting rental income from the other, or seeking a strong income-producing investment, this rare Sherman Oaks property delivers outstanding flexibility and upside. One lot. Two homes. Endless possibilities. Contact the listing agent for additional details.

Location

State CA

County Los Angeles

Area Sherman Oaks

Zoning LAR1

Rooms

Other Rooms Other

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Tile, Laminate

Fireplaces Type None

Equipment Microwave, Garbage Disposal, Dishwasher, Central Vacuum, Built-Ins

Laundry In Unit, Inside

Exterior

Parking Features Direct Entrance, Door Opener, Detached, Garage Is Detached

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N Yes

View Green Belt

Building

Story 1

Sewer In Street

Architectural Style Modern

Level or Stories One

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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4503 Tobias Ave