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4352 Forman Avenue, Toluca Lake, California 91602, Toluca Lake, 91602 - 6 bed, 7 bath

4352 Forman Avenue, Toluca Lake, California 91602 home-pic-0
ACTIVE$4,875,000
4352 Forman Avenue, Toluca Lake, California 91602
6Beds
7Baths
5,976Sqft
19,352Lot
Year Built
1926
Close
-
List price
$4.88M
Original List price
$5.7M
Price/Sqft
$816
HOA
-
Days on market
-
Sold On
-
MLS number
25513435
Home ConditionExcellent
Features
Good View:
Deck
Pool
Patio
View

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.88M(96th), sqft - 5976(98th), beds - 6(94th), baths - 7(96th).

Welcome to the iconic Klump Estate, a stunning architectural gem built in 1926 by Pioneer William Klump. This beautifully remodeled Spanish Revival home retains its famed architectural integrity while offering modern comforts. There's a spacious open-concept kitchen that flows into a cozy family room. The principal bedroom suite is a true retreat, featuring a balcony, a large walk-in closet and updated bathroom. With a total of six bedrooms, including a full guest house there's plenty of space for family and guests. The formal living room boasts an indoor orchestra balcony and a sweeping staircase, a wood-beamed office with fireplace. Hardwood flooring throughout, preserved carved wood beams, wrought-iron railings, arched windows, and curved doorways enhance the estate's charm. The large lower level is perfect for entertaining, and the outdoor space is equally impressive, featuring olive trees, manicured lawn with multiple dining and lounging areas, barbecue and a recently remodeled swimming pool make this home an entertainer's dream. 24 hour notice to show. Showings only to Qualified Buyers with Current Proof of Funds - Pre-Approval *Close of Escrow must be no sooner than July 1st 2025*

Nearby schools

7/10
Toluca Lake Elementary School
Public,•K-5•0.8mi
7/10
Rio Vista Elementary School
Public,•K-5•0.9mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•1.0mi
9/10
Theodore Roosevelt Elementary School
Public,•K-5•1.2mi
8/10
Valley View Elementary School
Public,•K-6•1.8mi
6/10
Walter Reed Middle School
Public,•6-8•1.9mi
5/10
David Starr Jordan Middle School
Public,•6-8•2.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.3mi
6/10
Arroyo Seco Museum Science
Public,•K-8•9.1mi
3/10
East Valley Senior High School
Public,•9-12•1.8mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•1.9mi
7/10
Burroughs High School
Public,•9-12•2.0mi
8/10
North Hollywood Senior High School
Public,•9-12•2.3mi
6/10
Hollywood Senior High School
Public,•9-12•3.6mi
Condition Rating
Excellent
This iconic 1926 Spanish Revival home has been 'beautifully remodeled,' evident in the spacious, open-concept kitchen featuring high-end stainless steel appliances (including a professional Wolf range), dark stone countertops, and modern white shaker cabinetry. The principal bathroom is also extensively updated with a freestanding tub, dual vanities, and contemporary finishes. Hardwood flooring throughout, preserved architectural details, and a recently remodeled swimming pool indicate a comprehensive, high-quality renovation that brings the property to a virtually new condition, seamlessly blending historic charm with modern luxury.
Pros & Cons

Pros

Great Schools: Elementary School: Theodore Roosevelt Elementary School (9/10).
Historic Architectural Integrity & Remodel: An iconic 1926 Spanish Revival estate, beautifully remodeled to blend its famed architectural integrity with modern comforts and amenities.
Expansive & Versatile Living Spaces: Features six bedrooms including a full guest house, a spacious open-concept kitchen, a formal living room with an indoor orchestra balcony, and a large lower level perfect for entertaining.
Luxurious Outdoor Amenities: The impressive outdoor space includes olive trees, a manicured lawn, multiple dining and lounging areas, a barbecue, and a recently remodeled swimming pool, ideal for an entertainer's lifestyle.
Premium Interior Finishes: Retains charming period details such as hardwood flooring throughout, preserved carved wood beams, wrought-iron railings, arched windows, and curved doorways.
Principal Suite Retreat: A dedicated principal bedroom suite offers a true sanctuary with a private balcony, a large walk-in closet, and an updated bathroom.

Cons

Significant Price Discrepancy: The current list price is approximately 20% higher than the property's estimated value, which may impact market competitiveness and buyer perception.
Delayed Close of Escrow: The mandatory closing date no sooner than July 1st, 2025, imposes a substantial waiting period, potentially deterring buyers seeking immediate occupancy or a quicker transaction.
Restrictive Showing Conditions: The requirement for 24-hour notice and pre-qualification with proof of funds, while standard for high-value properties, can limit accessibility and potentially reduce the pool of interested buyers.

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