4503 Tobias Avenue

Rare Duplex Opportunity - Prime Sherman Oaks Location! Walk to Ventura Blvd from this exceptional gated property featuring two separate single-family, in one level homes on one lot! Perfectly situated in a highly desirable neighborhood, this income-generating duplex offers comfort, privacy, and modern amenities. The front home was completely rebuilt in 2015, while the back home (4501) was newly constructed the same year. Both properties boast: Open floor plans with high ceilings, Modern kitchens with sleek cabinetry, Laminate flooring throughout, Tankless water heaters, Central air & heat, In-unit laundry in each home. Private fenced backyards. Two private garages plus three additional uncovered spaces. Front house will be vacant on 12-11-25, Back house is currently tenant-occupied, making this an ideal investment opportunity. Live in one and rent the other, or enjoy solid rental income from both! 4503 (Front House): Tenant is moving out. There is a possibility to build a second story and bring the front house to 2,800 sqft. 4501 (Back House): New 1-year lease starting June 10, 2025. One electrical meter serves both homes. This is a rare opportunity for investors or owner-users looking for a high-demand rental area with stable tenants, future expansion potential, and prime location value. Do not disturb tenants, DRIVE BY. Interior showings with an accepted offer. Easy to show.