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4432 Forman Avenue, Toluca Lake, CA 91602

$2.40M3bd · 3ba · 2,610 sqft
Lot 6,801 sqft•Single Family Residence•
Active
•26d on market•MLS# 00-26988113

Property Description

Romantic Old World Spanish charmer nestled in the heart of Toluca Lake, a coveted enclave known for its privacy and celebrity appeal. This beautifully maintained 3-bedroom, 2.5-bath residence showcases classic Spanish Revival architecture with wood shutters, tile roof, wrought iron detailing, and authentic lantern lighting. Inside, timeless character blends seamlessly with modern comfort, featuring hardwood floors, an inviting fireplace, and exposed ceiling beams that create a warm, elegant ambiance. Graceful arched passageways connect the spacious living room to the formal dining room, ideal for refined entertaining. The thoughtfully remodeled gourmet kitchen is appointed with Sub-Zero, Wolf, and Viking appliances, granite countertops, butcher block accents, and custom paver flooring, while a stylish powder room is enhanced with colorful Talavera tile and a hammered metal basin. An expansive media room with Saltillo tile floors and custom built-ins offers a relaxed yet sophisticated gathering space. The primary suite serves as a private retreat with exposed beams, a balcony, and a spa-inspired bath featuring Walker Zanger tile, custom vanity tops, a jetted tub, separate shower, and Kallista fixtures. Additional highlights include surround sound throughout the home and backyard, custom woodwork, upgraded electrical and plumbing systems, and dual HVAC. A detached guesthouse provides flexible space for guests, office, or creative studio use. The resort-style backyard is designed for exceptional entertaining, complete with an outdoor kitchen with swing seating beneath a palapa, a Pebble Tec pool and spa, multiple lounging areas, and lush landscaping that creates a private, tranquil escape just moments from the shops and dining of Toluca Lake Village.

Features & Amenities

FeeBuilt 1935

Property Details

Land Type
Fee
Year Built
1935
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Hills, Trees/Woods
Flooring
Tile, Wood
City
Toluca Lake
Zip Code
91602
County
Los Angeles
Listed byCompass, Craig Strong

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,110.42
Principal & Interest
Loan Amount
$1,916,000
Total Interest
$2,443,752
Total Payment Over 30 Years
$4,359,752
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

4432 Forman Avenue, Toluca Lake, CA 91602

Toluca Lake · Single Family Residence

$2.40M
Luxury Tier
Beds
3
Baths
3
Sqft
2,610
Lot
6,801 sqft
Year
1935
$/Sqft
$918
Pool: Yes✓
Spa: Yes✓
View: Hills, Trees/Woods✓

Listed 61.8% above the median closed sale of $1,480,000. Price per sqft ($918) is a 33% premium to closed comps ($692). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.40M· $918/sqft
Total list price
Closed comps
vs closed median $1.48M
+$915K (+61.8%)
Active comps
vs active median $1.65M
+$746K (+45.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $813
+$105 (+12.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4649 Cartwright AvenueToluca Lake1937432,1306,998$937$2.00M3284
4421 Strohm AvenueToluca Lake1939442,4507,255$651$1.59M3374
11023 Kling StreetToluca Lake1948332,2658,250$728$1.65M3372
10129 Sarah StreetToluca Lake1940331,7236,611$920$1.58M972
5045 Willowcrest AvenueToluca Lake2018443,0126,261$828$2.50M3269
Total: 5 · Average3.63.42,3167,075$812.8$1.86M27.8
Median2,265$1.65M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4836 Placidia AvenueToluca Lake194107/29/2026432,5007,146$2.50M$2.40M$9600.969977
4706 Cartwright AvenueToluca Lake194208/18/2026442,2116,826$1.43M$1.43M$6471.005973
10941 Peach Grove StreetToluca Lake193708/04/2026322,0087,705$1.30M$1.20M$5980.9210870
4740 Denny AvenueToluca Lake194108/21/2026322,0608,011$1.63M$1.58M$7670.973870
4544 Talofa AvenueToluca Lake198005/18/2026443,0236,933$1.65M$1.48M$4900.9022470
Total: 5 · Average3.63.02,360.47,324.2$1.62M$1.62M$692.4—105.6
Median2,211$1.48M$1.48M

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.