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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
•41d 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 · 5 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✓

Listed in line with the median closed sale of $4,000,000. Price per sqft ($728) is a 25% discount to closed comps ($975). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $4.00M· $728/sqft
Total list price
Closed comps
vs closed median $4.00M
−$5K (−0.1%)
Active comps
vs active median $3.88M
+$115K (+3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $942
−$214 (−22.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
11159 La Maida StreetLos Angeles1927565,51815,458$661$3.65M7664
4447 CamelliaStudio City2022564,3008,300$849$3.65M5160
11621 Hesby StreetValley Village2025685,4809,890$784$4.29M1255
3355 Wrightview PlaceStudio City2016453,42819,021$1,225$4.20M1653
3475 Knoll DriveLos Angeles1933453,25512,480$1,192$3.88M3952
Total: 5 · Average4.86.04,396.213,029.8$942.2$3.93M38.8
Median4,300$3.88M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9921 Toluca Lake AvenueToluca Lake194809/23/2026464,50012,317$4.29M$4.12M$9140.9610068
4415 Placidia AvenueLos Angeles193809/11/2026554,1417,621$3.90M$4.00M$9661.031663
5131 Strohm AvenueToluca Lake202410/30/2026454,1009,753$3.85M$3.85M$9391.00062
3110 La Suvida DriveLos Angeles192809/22/2026663,69913,185$4.00M$3.86M$1,0450.977157
4319 Kraft AvenueStudio City202606/10/2026664,4937,728$4.75M$4.55M$1,0130.966451
Total: 5 · Average5.05.64,186.610,120.8$4.08M$4.08M$975.4—50.2
Median4,141$4.00M$4.00M

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.