NOT LISTED FOR SALE

4416 Arcola Ave Toluca Lake, CA 91602

Estimated Value: $2,556,000 - $2,968,000

3 Beds
4 Baths
2,959 Sq Ft
$902/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $1,875,000 $634 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $17,522/month

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • Spanish Architecture
  • Heated In Ground Pool
  • Wood Flooring
  • Pool View

About This Home

As of February 2024

Expertly reenvisioned Spanish Hacienda for lease. Recently renovated & creatively furnished. Beyond the privacy gates & hedge, lush landscape leads to a welcoming front porch. A gracious entry hall opens to a striking living room featuring vaulted ceilings, bay window & fireplace. French doors, hardwood floors, beautiful tile & character details are found throughout. An additional fireplace & unique cork wallcovering highlight the comfortable den. A spectacular kitchen with island & high-end appliances opens to a lovely sitting room & formal dining. The Primary Suite offers a large walk-in closet & spacious luxurious bathroom. A unique free-standing tub is featured in the hall bathroom. The 3rd bedroom & 4th bathroom are found in the detached guesthouse. The porte cochere, gated drive and 2-car garage provide an abundance of parking. Beautiful landscape provides a relaxing backdrop to multiple patio areas and sparkling pool. Walking distance to wonderful restaurants, bars, and shops. A true oasis in the heart of Toluca Lake.

Last Agent to Rent the Property

Fred Holley

Core Real Estate Group License #01249468 Listed on: 01/31/2024

Core Real Estate Group

Last Renter's Agent

Tina Smith

Sotheby's International Realty License #01397596

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,509

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 84x135
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • 1 Carport Space
  • Porte-Cochere
  • Automatic Gate

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,959 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Pool Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Vented Exhaust Fan

Additional Features

  • Heated In Ground Pool
  • Detached Guest House

Listing and Financial Details

  • Security Deposit $24,000
  • Tenant pays for cable TV, electricity, gas, special, trash collection, water
  • Rent includes pool, gardener
  • Negotiable Lease Term
  • Assessor Parcel Number 2424-006-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,509

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Includes: Pool, Gardener
  • Security Deposit: 24000
  • Tenant Pays: Cable TV, Electricity, Gas, Special, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Expertly reenvisioned Spanish Hacienda for lease. Recently renovated & creatively furnished. Beyond the privacy gates & hedge, lush landscaping leads to a welcoming front porch. A gracious entry hall opens to a striking living rm featuring vaulted ceilings, bay window & fireplace. French drs, wood flrs, beautiful tile & character details are found throughout. An additional fireplace & unique cork wallcovering highlight the comfortable den. A spectacular kitchen w/island & high-end appliances opens to a lovely sitting rm & formal dining rm. The Primary Ste offers a large walk-in closet & luxurious bath. A free-standing tub is featured in the hall bath. The 3rd bedrm & 4th bath are found in the detached guesthouse. The porte cochere, gated drive and 2-car garage provide an abundance of parking. The backyard offers multiple patio areas, a sparkling pool & beautiful landscape. A true oasis!
  • Lease Terms: Negotiable
  • Living Area: 2959
  • Lot Acreage: 0.2618
  • Lot Dimensions: 84x135
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Tile, Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 4.06

Exterior Features

  • Guest House: Detached
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Roof: Spanish Tile
  • View: Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Garage - 2 Car, Auto Driveway Gate, Porte-Cochere
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2424-006-013
  • Lot Size Area: 11403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 30, 2017
Sold by
Phelan Kathleen H
Bought by
Ka Powl Rentals Llc
Seller's Agent
Dorothy Sall
Classic Properties
Buyer's Agent
Fred Holley
Core Real Estate Group
List Price
$2,095,000
Sold Price
$1,875,000
Premium/Discount to List
-$220,000
-10.5%
Current Estimated Value
$2,935,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,060,697
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Phelan Kathleen H
Bought by
Phelan Kathleen H and Mary Kathleen Howard Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Phelan Kathleen H
Bought by
Phelan Kathleen H and The Mary Kathleen Howard Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2000
Sold by
Lynch David
Bought by
Phelan Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
7.89%

Purchase Details

Closed on
Aug 6, 1996
Sold by
Wertheimer Lee L
Bought by
Lynch David and Lynch Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ka Powl Rentals Llc $1,875,000 Provident Title Company
Phelan Kathleen H -- None Available
Phelan Kathleen H -- None Available
Phelan Kathleen H -- None Available
Phelan Kathleen H -- Lawyers Title Company
Phelan Kathleen H $830,000 Lawyers Title Company
Lynch David $630,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelan Kathleen H $373,000
Previous Owner Phelan Kathleen H $398,000
Previous Owner Phelan Kathleen H $455,000
Previous Owner Lynch David $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2024 02/13/24 Rented $14,000 +16.7% --
01/31/2024 01/31/24 For Rent $12,000 0.0% --
03/15/2023 03/15/23 Rented $12,000 0.0% --
03/01/2023 03/01/23 For Rent $12,000 +4.3% --
09/24/2020 09/24/20 Rented $11,500 -4.2% --
09/24/2020 09/24/20 For Rent $12,000 0.0% --
09/02/2020 09/02/20 Off Market $12,000 -- --
08/18/2020 08/18/20 For Rent $12,000 0.0% --
01/23/2018 01/23/18 Sold $1,875,000 -3.8% $634 / Sq Ft View Prior Sale
11/29/2017 11/29/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $1,950,000 -6.9% $659 / Sq Ft
07/19/2017 07/19/17 For Sale $2,095,000 -- $708 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,509 $2,133,424 $1,558,481 $574,943
2024 $25,509 $2,091,593 $1,527,923 $563,670
2023 $25,010 $2,050,582 $1,497,964 $552,618
2022 $23,840 $2,010,376 $1,468,593 $541,783
2021 $23,554 $1,970,958 $1,439,798 $531,160
2019 $22,845 $1,912,500 $1,397,094 $515,406
2018 $13,413 $1,099,171 $814,715 $284,456
2016 $12,820 $1,056,491 $783,080 $273,411
2015 $12,632 $1,040,623 $771,318 $269,305
2014 $12,675 $1,020,239 $756,209 $264,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-353849

The MLS

APN: 2424-006-013