12940 Riverside Drive 101, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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Sherman Oaks, California 91423
This Modernized Move-In Ready Condo is listed at $512,000, representing a stable entry point at its $512,000 Fair Market Value. The interior features a Good Condition Rating with significant updates, including a chef-grade 6-burner gas stove, new stainless appliances, and a refreshed en-suite primary bedroom with a walk-in closet. Located in a prime Sherman Oaks pocket across from Whole Foods, the property provides access to the prestigious Warner Avenue Elementary School (9/10). This turnkey residence is an ideal match for first-time buyers or Owner-Occupants seeking immediate quality and long-term location value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12940 Riverside Drive 101 Subject | $499,000* List Price | 2 | 2 | 1,090 | $458 | - |
A 5055 Coldwater Canyon Avenue 217 Sold | $503,000 | 3 | 2 | 1,063 | $473 | 0.4 mi |
B 4702 Fulton Avenue 107 Sold | $575,000 | 2 | 2 | 1,080 | $532 | 0.4 mi |
C 4381 Ventura Canyon Avenue 4 Sold | $525,000 | 2 | 2 | 1,068 | $492 | 1.0 mi |
D 4702 Fulton Avenue 304 Sold | $600,000 | 2 | 2 | 1,010 | $594 | 0.4 mi |
E 5055 Coldwater Canyon Active | $525,000 List Price | 2 | 2 | 973 | $540 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
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.
Elementary School: Warner Avenue Elementary School (9/10).
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.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.9 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,090 | 1,301 | 36% |
| Lot Size | 12,476 | 19,031 | 25% |
| Price | $499.0K | $631.5K | 14% |
| Price per sq ft | $458 | $509 | 18% |
| Built year | 1977 | 1975 | 54% |
| HOA | $528.0 | $598 | 29% |
| Days on market | 125 | 168 | 32% |
Apr 8, 2026
$499,000
$512,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$512,000
$524,000
-2% Price Drop
Initial Listing
Feb 19, 2026
$524,000
$525,000
+0% Price Increase
Initial Listing
Dec 18, 2025
$525,000
Initial Listing
Nov 3, 2020
$450,000
Public Record
Jun 27, 2011
$230,000
Public Record
Mar 23, 2005
$332,000
Public Record