12940 Riverside Drive 101, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
12940 Riverside Drive 101
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 12940 Riverside Drive 101, Sherman Oaks, California 91423 is currently available with a list price of $524,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has undergone significant aesthetic and functional updates. The kitchen features modern cabinetry, stone countertops, and new stainless steel appliances, including a high-end 6-burner gas stove. The primary bathroom is updated with a marble-top vanity and a modern glass shower. While the building dates back to 1977, the interior has been refreshed with smooth ceilings and updated flooring. It meets the 'good' criteria as a well-maintained, updated unit that does not require immediate renovation, though it stops short of 'excellent' due to the overall age of the structure and some standard fixtures like the pedestal sink in the guest bath.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
CONSRISKS & DEFICIENCIES
About 12940 Riverside Drive 101
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 12,476 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $528.0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
John B. Monlux Elementary School
Grades K-5 • 1.6 mi
Erwin Elementary School
Grades K-5 • 1.9 mi
Kester Avenue Elementary School
Grades K-5 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,090 | 1,323 | 31% |
| Lot Size | 12,476 | 28,909 | 21% |
| Price | $524.0K | $613.0K | 17% |
| Price per sq ft | $481 | $481 | 50% |
| Built year | 1977 | 1973 | 66% |
| HOA | $528.0 | $591 | 31% |
| Days on market | 78 | 190 | 3% |
Pricing History
Listed for Sale
Feb 19, 2026
$524,000
$525,000
+0% Price Increase
Initial Listing
Price Change
Dec 18, 2025
$525,000
Initial Listing
Sold
Nov 3, 2020
$450,000
Public Record
Sold
Jun 27, 2011
$230,000
Public Record
Sold
Mar 23, 2005
$332,000
Public Record