$ 1,785,000
-
$1,785,000
Price -
4
Bed -
4
Bath -
2,500
SqFt
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About the Listing X8146105 - X63854
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central
- Heating: Central
- Fireplaces:
- Floor: Tile,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Unfurnished,Breakfast Area
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 50x135
- Zoning: LAR1
- Roof:
- Others: Updated/Remodeled
- Sewer: In Street
- Parking Features: Direct Entrance,Door Opener,Detached,Garage Is Detached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4503 Tobias Ave Sherman Oaks, CA 91403
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