4503 Tobias Avenue, Sherman Oaks, CA 91403
Local realty services provided by:ERA Excel Realty
4503 Tobias Avenue,Sherman Oaks, CA 91403
$1,785,000
- 4 Beds
- 4 Baths
- 2,500 sq. ft.
- Single family
- Active
Listed by: ekaterina nalbandova
Office: compass818-462-5799
MLS#:26660261
Source:CRMLS
Price summary
- Price:$1,785,000
- Price per sq. ft.:$714
About this home
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....
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Home facts
- Year built:2015
- Listing ID #:26660261
- Added:117 day(s) ago
- Updated:July 01, 2026 at 01:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Microwave
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2015
- Building area:2,500 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Modern
- Levels:1 Story
Finances and disclosures
- Price:$1,785,000
- Price per sq. ft.:$714
Features and amenities
- Appliances:Dishwasher, Disposal, Microwave
- Laundry features:Inside
- Amenities:Smoke Detectors
Parking
- Total parking spaces:4
- Parking description:Direct Access, Garage, Garage Door Opener
- Garage:Yes
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