Technical
Financial
Distress signals
Property profile

4500 Forman Ave Toluca Lake, CA 91602

OFF-MARKET
Investment properties
Property ID
US09-6511732
5,057 SF 0.08 ac lot Built 1929
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1929
Construction WOOD
Total area 5,057 SF
Lot 0.08 ac (3,321 SF)
Zoning code LAC2
APN 2424-008-022
UPID US09-6511732

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Media Distribution

Location

4500 Forman Ave Toluca Lake, CA 91602-1615
Toluca Lake metro Census 143101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.60M
CAP Approach CAP
$1.58M
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$2.60M

Owner & transaction history

since 2024
Last sale
$2.6M
6 recorded transactions
2024
$2.6M
2008
Price N/A
2008
$3.8M
2005
$3.2M
2002
$1.5M
1995
$841,818

Zoning & alternative use

LAC2 · Toluca Lake, CA
Top alternative use upside
Restaurant $3.1M +32.2%
Neighborhood: shopping center $3.1M +29.8%
Retail stores $2.6M +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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