Matthew Isbell
Compass
(424) 380-7615
49 Total Sales
2 in Studio City
$825K - $1M Price Range
4645 Ledge Ave Toluca Lake, CA 91602
Studio City AreaEstimated Value: $3,601,615
7
Beds
6
Baths
4,742
Sq Ft
$760/Sq Ft
Est. Value
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 2026Expansive 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
Mills Realty of California Brokerage Phone: 818-763-4462 License #01309436 Listed on: 01/03/2026
Last Buyer's Agent
Mills Realty of California Brokerage Phone: 818-763-4462 License #01309436 Listed on: 01/03/2026
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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
- Laundry Facilities
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 10717
- Assessor Parcel Number 2420031012
- $643 per year additional tax assessments
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,615
Avg. Annual Appreciation
11.26%
Original Mortgage
$3,507,000
Outstanding Balance
$2,071,594
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$1,530,021
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
$500,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Toluca Lake, CA
-
Matthew Isbell
-
Barbara Radke
Barbara Radke
Responds QuicklyKeller Williams Westlake Village
(833) 641-9949
108 Total Sales
1 in Studio City
$1,312,000 Price
-
Shokoh Nasad
Shokoh Nasad
Keller Williams Beverly Hills
(424) 672-3870
37 Total Sales
2 in Studio City
$560K - $2M Price Range
-
Lan 'Gloria' Xiao
Lan 'Gloria' Xiao
Responds QuicklyRE/MAX ELITE REALTY
(562) 600-8264
114 Total Sales
1 in Studio City
$1,360,000 Price
-
Michael Mucino
Michael Mucino
CAMDEN MCKAY REALTY
(909) 341-1278
128 Total Sales
1 in Studio City
$655,000 Price
-
Cheryl Newton
Cheryl Newton
Berkshire Hathaway HomeService
(949) 430-6605
78 Total Sales
1 in Studio City
$850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,400,000 | Chicago Title Company | ||
| Majetti Mark | -- | Chicago Title Company | |
| Markel Jim | -- | First American Title Co La | |
| Markel Jim | -- | -- | |
| Markel Jim | $1,350,000 | Gateway Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,507,000 | ||
| Previous Owner | Mark Majetti Living Trust | $2,450,000 | |
| Previous Owner | Mark Masetti Living Trust | $700,000 | |
| Previous Owner | Mark Majetti Living Trust | $300,000 | |
| Previous Owner | Majetti Mark | $600,000 | |
| Previous Owner | Markel Jim | $3,240,000 | |
| Previous Owner | Markel Jim | $960,000 | |
| Previous Owner | Markel Jim | $500,000 | |
| Previous Owner | Markel Jim | $2,500,000 | |
| Previous Owner | Markel Jim | $500,000 | |
| Previous Owner | Markel Jim | $1,250,000 | |
| Previous Owner | Markel Jim | $335,000 | |
| Previous Owner | Markel Jim | $880,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,714 | $2,149,294 | $1,618,009 | $531,285 |
| 2025 | $25,714 | $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
Agents Affiliated with this Home
-
Simon Mills
Seller's Agent in 2026
Simon Mills
Mills Realty of California
(818) 763-4462
319 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26000764
APN: 2420-031-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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