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4503 Tobias Avenue

Sherman Oaks, CA 91403

$1,995,000

| 2,500 sq. ft.

Status: Active Area: SO - Sherman Oaks
Year Built: 2015 MLS#: 25630253

Description

Rare Duplex Opportunity in Prime Sherman Oaks Just one block from Ventura Blvd, this exceptional property features two separate single-family, one-story homes on one lot ideal for owner-users or investors. The front house (4503) was completely rebuilt in 2015 and is currently vacant, with a market rent of $4,000/month. The rear house (4501) was newly constructed in 2015 and is tenant-occupied with a one-year lease through 6/10/2026.Both homes offer open floor plans with high ceilings, modern kitchens, laminate flooring throughout, tankless water heaters, central A/C and heat, and in-unit laundry. Each unit has its own private fenced backyard. Parking includes two private garages plus three additional uncovered spaces. A unique value-add opportunity exists to build a second story on the front house, potentially expanding it to approximately 2,800 sq ft (buyer to verify).Perfect for living in one unit while generating rental income from the other or as a strong dual-rental investment. Call listing agent for additional details.

Features

    Appliances: Dishwasher, Disposal, Microwave
    Fireplace Rooms: None
    Heating: Central
    Cooling: Central Air
    Structure Type: Contemporary
    Association Amenities: N/A
    Price/sqft: $798
    Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.