4645 Ledge Avenue, Toluca Lake, California 91602, Toluca Lake, 91602 - 7 bed, 6 bath
ACTIVE$3,795,000
4645 Ledge Avenue, Toluca Lake, California 91602
7Beds
6Baths
4,742Sqft
31,171Lot
Year Built
1936
Close
-
List price
$3.79M
Original List price
$4.5M
Price/Sqft
$800
HOA
-
Days on market
-
Sold On
-
MLS number
SR25034617
Home ConditionFair
Features
Pool
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $3.79M(86th), sqft - 4742(92th), beds - 7(98th), baths - 6(90th).
Expansive and private almost 3/4-acre flat lot has access from dual driveways, one circular at the front of the property on Ledge Avenue, and a second driveway at the rear of the property with a secluded entrance from Kling Street. The possibilities are endless. Renovate the existing house, build your dream estate, or possibly subdivide and build two grand homes on separate lots. For an individual seeking complete privacy and multiple accesses, there is nothing else like it available in Toluca Lake.
Nearby schools
7/10
Toluca Lake Elementary School
Public,•K-5•0.3mi
7/10
Rio Vista Elementary School
Public,•K-5•0.8mi
9/10
Theodore Roosevelt Elementary School
Public,•K-5•1.0mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•1.1mi
8/10
Valley View Elementary School
Public,•K-6•2.3mi
6/10
Walter Reed Middle School
Public,•6-8•1.6mi
5/10
David Starr Jordan Middle School
Public,•6-8•2.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.8mi
6/10
Arroyo Seco Museum Science
Public,•K-8•9.6mi
3/10
East Valley Senior High School
Public,•9-12•1.3mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•1.6mi
8/10
North Hollywood Senior High School
Public,•9-12•1.9mi
7/10
Burroughs High School
Public,•9-12•2.0mi
6/10
Hollywood Senior High School
Public,•9-12•4.1mi
Condition Rating
Fair
The property was built in 1936. The kitchen and bathrooms appear dated, with older appliances and styles. While the property seems maintained, it requires updates to meet modern standards. The listing itself suggests renovation or redevelopment, implying the existing structure is not in excellent condition.
Pros & Cons
Pros
Large Lot Size: The property boasts an expansive, almost 3/4-acre flat lot, providing ample space for various development opportunities.
Development Potential: The property offers multiple development possibilities, including renovation, building a dream estate, or potential subdivision for two grand homes.
Dual Driveway Access: Features dual driveways, one circular at the front and another secluded at the rear, offering convenient and private access.
Privacy: The property provides complete privacy, making it a unique and desirable offering in Toluca Lake.
Prime Location: Located in the desirable Toluca Lake area, known for its prestigious homes and convenient access to amenities.
Cons
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived value.
Age of the Existing House: Built in 1936, the existing house may require significant renovations or updates to meet modern standards.
Unknown Condition: The listing does not explicitly state the condition of the existing structure, potentially requiring further inspection and possible repairs.