$3,400,000
SOLD MAR 10, 2026

4645 Ledge Ave Toluca Lake, CA 91602

7 Beds
6 Baths
4,742 Sq Ft
0.72 Acres Lot

Sale Details

Date Sold: March 10, 2026

$717 Per Sq Ft

15% Below List Price

54 Days on Market

Highlights

  • Detached Guest House
  • Private Pool
  • 0.72 Acre Lot
  • Toluca Lake Elementary School Rated A-
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of March 2026

Expansive and private almost 3/4-acre flat lot has access from dual driveways, one circular at the front of the property on Ledge Avenue, and a second driveway at the rear of the property with a secluded entrance from Kling Street. The possibilities are endless. Renovate the existing house, build your dream estate, or possibly subdivide and build two grand homes on separate lots. For an individual seeking complete privacy and multiple accesses, there is nothing else like it available in Toluca Lake.

Last Agent to Sell the Property

Simon Mills

Mills Realty of California Brokerage Phone: 818-763-4462 License #01309436 Listed on: 01/03/2026

Last Buyer's Agent

Simon Mills

Mills Realty of California Brokerage Phone: 818-763-4462 License #01309436 Listed on: 01/03/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 31,171 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Brick Fence
  • Sprinkler System
  • Property is zoned LARE9

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,742 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10717
  • Assessor Parcel Number 2420031012
  • $643 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0.72 Acres

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARE9
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2420031012
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4742.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Carpet, Wood
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Living Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 717.00
  • Room Type: Formal Entry, Jack & Jill, Primary Bedroom, Laundry, Kitchen, Living Room, Family Room, Primary Suite
  • Spa Features: Private, Above Ground
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Other Structures: Guest House Detached
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Block, Brick, Wrought Iron
  • Patio And Porch Features: Brick
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air, Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31171.00
  • Lot Size Acres: 0.7156
  • Latitude Manual: 34.15529100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31171.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1256.00
  • Tax Lot: 8
  • Tax Tract Number: 10717
  • TaxOtherAnnualAssessmentAmount: 643.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2026
Closed on
Feb 27, 2026
Sold by
Mark Majetti and Mark Majetti Living Trust
Bought by
Pana Holdings Llc
Seller's Agent
Simon Mills
Mills Realty of California
Buyer's Agent
Simon Mills
Mills Realty of California
List Price
$4,000,000
Sold Price
$3,400,000
Premium/Discount to List
-$600,000
-15%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.92%
Original Mortgage
$3,507,000
Outstanding Balance
$3,507,000
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$162,222

Purchase Details

Closed on
Nov 17, 2015
Sold by
Markel Jim
Bought by
Majetti Mark and The Mark Majetti Living Trust

Purchase Details

Closed on
Dec 10, 2004
Sold by
Markel Jim and Markel Ana Paula
Bought by
Markel Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Markel Jim and Markel Ana Paula
Bought by
Markel Jim

Purchase Details

Closed on
Jan 5, 2003
Sold by
Cusumano Michael A and Cusumano Charles B
Bought by
Markel Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
2.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $3,400,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- First American Title Co La
Interfamily Deed Transfer -- --
Grant Deed $1,350,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,507,000 Construction
Previous Owner $1,250,000 New Conventional
Previous Owner $880,000 No Value Available
Closed $110,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 Sold $3,400,000 -5.5% $717 / Sq Ft
02/26/2026 02/26/26 Pending -- -- --
01/21/2026 01/21/26 Price Changed $3,599,000 -4.0% $759 / Sq Ft
01/14/2026 01/14/26 Price Changed $3,749,000 -6.3% $791 / Sq Ft
01/03/2026 01/03/26 For Sale $4,000,000 -- $844 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,343 $2,107,152 $1,586,284 $520,868
2024 $25,343 $2,065,836 $1,555,181 $510,655
2023 $24,851 $2,025,331 $1,524,688 $500,643
2022 $23,695 $1,985,620 $1,494,793 $490,827
2021 $23,393 $1,946,687 $1,465,484 $481,203
2019 $22,691 $1,888,949 $1,422,018 $466,931
2018 $22,517 $1,851,912 $1,394,136 $457,776
2016 $21,508 $1,780,000 $1,340,000 $440,000
2015 $19,769 $1,626,866 $964,070 $662,796
2014 $19,838 $1,594,999 $945,186 $649,813
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26000764

California Regional Multiple Listing Service (CRMLS)

APN: 2420-031-012

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