12940 Riverside Drive 101, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath

12940 Riverside Drive 101, Sherman Oaks, California 91423 home-pic-0
ACTIVE$525,000$1,090/sqft
12940 Riverside Drive 101, Sherman Oaks, California 91423
2Beds
2Baths
1,090Sqft
12,476Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Top Cons:
Non-Functional Fireplace: The fireplace is explicitly decorative, meaning it does not provide practical heating or ambiance, which may be a drawback for buyers seeking a functional fireplace.

Compared to the nearby listings

Price:$525.0K vs avg $631.9K ($-106,900)21%
Size:1,090 sqft vs avg 1,323 sqft27%
Price/sqft:$482 vs avg $48748%

More Insights

Built in 1977 (49 years old).
Condition: Built in 1977, this condo is move-in ready with several key updates. The kitchen benefits from new appliances including a refrigerator, dishwasher, and a 6-burner gas stove. The primary bathroom has been updated with a glass shower and marble-top vanity. Living areas feature updated smooth ceilings, recessed lighting, and modern laminate flooring. While the kitchen cabinets and guest bathroom show signs of older styling, the significant recent updates to major components and overall clean presentation justify a 'Good' rating, indicating no immediate renovations are required.
Year Built
1977
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$482
HOA
$528
Days on market
-
Sold On
-
MLS number
25629591
Home ConditionGood
Features
Deck
View

About this home

Bright and spacious street facing end unit. First level but ABOVE GROUND. 2 bed 2 bath with bar nook, dining area and a balcony off of the living room. Updated smooth ceilings, new Refrigerator and dishwasher and a 6 burner GAS stove. En-suite primary bedroom with no shared walls, glass shower, marble top vanity and a walk in closet. Large second bedroom with mirrored closets. Hall guest bath with tile floors and a pedestal sink. Gated parking garage, with tandem spot for 2 cars and storage in front. *fireplace is considered decorative. *photos with furniture are virtually staged. Convenient nearby freeway access, Whole Foods across the street with additional restaurants and shops in close proximity. Re- imagine the Bar area to fit your needs, could be an office, second closet/storage or gaming room.

J
Jennifer L
Listing Agent

Nearby schools

6/10
John B. Monlux Elementary School
Public,K-51.6mi
6/10
Erwin Elementary School
Public,K-51.9mi
9/10
Kester Avenue Elementary School
Public,K-52.5mi
9/10
Roscomare Road Elementary School
Public,K-53.8mi
8/10
Lanai Road Elementary School
Public,K-54.4mi
9/10
Warner Avenue Elementary School
Public,K-56.1mi
6/10
Walter Reed Middle School
Public,6-81.7mi
2/10
Van Nuys Middle School
Public,6-82.2mi
5/10
James Madison Middle School
Public,6-82.8mi
5/10
William Mulholland Middle School
Public,6-85.6mi
3/10
William Mulholland Middle School
Public,6-85.8mi
6/10
Ulysses S. Grant Senior High School
Public,9-121.4mi
8/10
North Hollywood Senior High School
Public,9-121.7mi
6/10
Van Nuys Senior High School
Public,9-123.2mi
6/10
University Senior High School
Public,9-128.1mi
6/10
University Senior High School Charter
Public,9-128.2mi

Price History

Date
Event
Price
11/03/20
Sold
$450,000
06/27/11
Sold
$230,000
03/23/05
Sold
$332,000
Condition Rating
Good

Built in 1977, this condo is move-in ready with several key updates. The kitchen benefits from new appliances including a refrigerator, dishwasher, and a 6-burner gas stove. The primary bathroom has been updated with a glass shower and marble-top vanity. Living areas feature updated smooth ceilings, recessed lighting, and modern laminate flooring. While the kitchen cabinets and guest bathroom show signs of older styling, the significant recent updates to major components and overall clean presentation justify a 'Good' rating, indicating no immediate renovations are required.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Exceptional Location & Accessibility: The property boasts a prime location directly across from Whole Foods, surrounded by additional restaurants and shops, with convenient freeway access for easy commuting.
Modernized Kitchen & Appliances: The kitchen features recent upgrades including a new refrigerator, dishwasher, and a 6-burner gas stove, providing a contemporary and functional cooking space.
Private & Updated Primary Suite: The en-suite primary bedroom offers enhanced privacy with no shared walls, a glass shower, marble top vanity, and a walk-in closet, creating a luxurious retreat.
Secure & Ample Parking/Storage: Includes a gated parking garage with a tandem spot for two cars and additional storage, ensuring convenience and security for residents.
Versatile & Bright Living Space: As a street-facing end unit, it offers abundant natural light, updated smooth ceilings, a balcony, and a flexible 'bar nook' that can be reimagined as an office or extra storage.

Cons

Non-Functional Fireplace: The fireplace is explicitly decorative, meaning it does not provide practical heating or ambiance, which may be a drawback for buyers seeking a functional fireplace.
Building Age & Potential Infrastructure: Constructed in 1977, the building is over four decades old, which could imply aging common area infrastructure or potential for future special assessments, despite interior unit updates.
Absence of Central Cooling: The property description does not mention a cooling system, which could be a significant discomfort and a notable drawback during warmer months in Southern California.
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