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4503 Tobias Avenue

Sherman Oaks, CA 91403
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Bed 4

Bed

Bath 4

Bath

SqFt2,500

Sqft

SqFt7,500

Sqft(Lot)

Location! Location! Location! Rare Sherman Oaks Opportunity! Ideally situated just one block from Ventura Boulevard, this exceptional property features two detached single-story homes on one lot, offering a unique opportunity for owner-users, investors, or multi-generational living. The front residence (4503) was completely rebuilt in 2015 and currently generates $3,650 per month in rental income. The rear residence (4501) was newly constructed in 2015 and is tenant-occupied on a month-to-month basis at $4,000 per month. Both homes feature desirable open-concept floor plans with high ceilings, modern kitchens, laminate flooring throughout, tankless water heaters, central heating and air conditioning, and in-unit laundry. Each residence enjoys its own private, fenced backyard, providing com fort and privacy for occupants. Parking is plentiful, with two private garages plus three additional uncovered spaces. Adding to the property's appeal is a potential value-add opportunity to build a second story on the front home, with the possibility of expanding to approximately 2,800 square feet (buyer to independently verify all development potential). Whether you're looking to live in one home while collecting rental income from the other, or seeking a strong income-producing investment, this rare Sherman Oaks property delivers outstanding flexibility and upside. One lot. Two homes. Endless possibilities. Contact the listing agent for additional details.

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Detail Ic Property Details

Property Type : Residential

Price : $1,785,000

AD Id : 75888397

MLS Id : 26660261

Beds : 4

Lot Size : 7,500 Sqft

Living Area Size : 2,500

Year Built : 2015

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Flooring Information

    Laminate, Tile
  • Interior Features

    Appliances: Dishwasher, Disposal, Microwave
    Laundry Features: Inside
    Window Features: Screens
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2015
    Building Area Total: 2500
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Park/Greenbelt

  • Lot Information

    Lot Dimensions: 50x135 Main Square Feet: 7500 Lot Size Acres: 0.1722 Lot Size Source: Builder Lot Size Square Feet: 7,500

  • Listing Price Information

    Listing Price: $1785000
    Original Price: $1990000

  • Tax Information

    Parcel Number: 2265004010

  • Parking Information

    Parking Total: 4 Direct Access, Garage, Garage Door Opener

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: N. of Ventura Blvd / W. of Van Nuys Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14557 Addison Street, Sherman Oaks, CA, 91403 $3,299,000 5 6 3,699 3,699 SqFt
5114 Cedros Avenue, Sherman Oaks, CA, 91403 $2,995,000 4 4 3,045 3,045 SqFt
14627 Huston, Sherman Oaks, CA, 91403 $2,849,000 4 5 2,426 2,426 SqFt
14722 Magnolia Boulevard, Sherman Oaks, CA, 91403 $1,595,000 4 4 3,588 3,588 SqFt
14657 Addison Street, Sherman Oaks, CA, 91403 $2,725,000 4 -- 3,414 3,414 SqFt
4641 Vesper Avenue, Sherman Oaks, CA, 91403 $2,888,888 4 5 2,935 2,935 SqFt
4508 Vesper Avenue, Sherman Oaks, CA, 91403 $2,499,000 4 4 2,623 2,623 SqFt
14526 Dickens Street, Sherman Oaks, CA, 91403 $1,995,000 6 -- 3,870 3,870 SqFt
14755 Hesby Street, Sherman Oaks, CA, 91403 $3,899,000 5 6 4,583 4,583 SqFt
14713 Valleyheart Drive, Sherman Oaks, CA, 91403 $2,395,000 5 4 5,041 5,041 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 14:31

MLS: 26660261 LISTED BY: Ekaterina Nalbandova, Compass 818-462-5799 SOURCE: CRMLS

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