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4555 Forman Avenue, Toluca Lake, CA 91602

$4.00M8bd · 11ba · 5,487 sqft
Lot 13,023 sqft•Single Family Residence•
Active
•18d on market•MLS# 00-26989769

Property Description

A rare, rebuilt-from-the-ground-up three-residence compound in the heart of Toluca Lake, offering 5,487 square feet of living space on a private 13,023-square-foot corner lot. The thoughtfully designed single-story main residence features four oversized bedroom suites, each with its own private bath, 9-foot ceilings and generous proportions throughout. The expansive chef's kitchen features two oversized islands and opens to spacious living and entertaining areas, complemented by a powder room and dedicated laundry room. Smart-home technology is integrated throughout, while the primary suite offers direct access to the private backyard, pool and spa. A dedicated poolside half bath completes the outdoor entertaining space. A separate two-story structure features a first-floor 1-bedroom, 1-bath JADU connected to the main residence, with a Bosch-equipped kitchen and private outdoor space. The entire second floor is a 3-bedroom, 3.5-bath ADU featuring three private bedroom suites, each with mountain and treetop views, premium Miele, Thermador and Bertazzoni appliances, a built-in refrigerator, spa-inspired wet-room primary bath and private balcony. An oversized rec room with 10.5-foot ceilings complements the two-car garage and poolside entertaining area. The luxury goes far beyond what you see, with extensive smart-home infrastructure throughout all three residences, CAT8 hardwired connectivity in every room, prewiring for whole-home audio, a 12-camera security system, three EV chargers and fire sprinklers. Each residence has its own address and separate utility/electrical service, providing true independence and exceptional flexibility. All-new electrical, plumbing and HVAC systems complete the ground-up reconstruction. Offering an exceptional combination of luxury, privacy and versatility for multigenerational living, guests or income potential, all just moments from Toluca Lake's dining, shopping, studios and entertainment.

Features & Amenities

FeeBuilt 1949

Property Details

Land Type
Fee
Year Built
1949
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Trees/Woods
Flooring
Tile, Wood
Roof
Shingle
City
Toluca Lake
Zip Code
91602
County
Los Angeles
Listed byCompass, Craig Strong

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,200.89
Principal & Interest
Loan Amount
$3,196,000
Total Interest
$4,076,322
Total Payment Over 30 Years
$7,272,322
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 0 closed

4555 Forman Avenue, Toluca Lake, CA 91602

Toluca Lake · Single Family Residence

$4.00M
Luxury Tier
Beds
8
Baths
11
Sqft
5,487
Lot
13,023 sqft
Year
1949
$/Sqft
$728
Pool: Yes✓
Spa: Yes✓
View: Trees/Woods✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $4.00M· $728/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $5.50M
−$1.50M (−27.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $951
−$223 (−23.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7080 Mulholland DriveLos Angeles2014455,60013,701$1,295$7.25M39272
112 Valley StreetToluca Lake2025486,04310,318$909$5.50M1769
11159 La Maida StreetLos Angeles1927565,51815,458$661$3.65M4963
11621 Hesby StreetValley Village2025685,4809,890$794$4.35M4263
3712 Goodland AvenueStudio City2026565,89214,214$1,095$6.45M1963
Total: 5 · Average4.86.65,706.612,716.2$950.8$5.44M103.8
Median5,600$5.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.