12951 Riverside Drive 4, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 3 bath

12951 Riverside Drive 4
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 12951 Riverside Drive 4, Sherman Oaks, California 91423 is currently available with a list price of $589,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property is well-maintained and move-in ready due to recent cosmetic updates including fresh interior paint and brand-new carpeting. However, it retains its original 1975 kitchen with dated tile countertops and cabinetry. While the home features quality additions like plantation shutters, the primary functional areas (kitchen and bathrooms) show significant signs of being outdated and lack the modern renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prime Sherman Oaks Location
Ideally situated in the heart of Sherman Oaks, the property offers exceptional walkability and proximity to Whole Foods, Westfield Fashion Square, and the vibrant dining and shopping scene along Ventura Boulevard.
- Spacious Single-Family Feel
With over 1,400 square feet of living space and a versatile floor plan, this residence provides the privacy and layout of a single-family home within an intimate 6-unit community.
CONSRISKS & DEFICIENCIES
- Dated Kitchen Finishes
The kitchen retains its original 1975 tile countertops and cabinetry, which may require a modern renovation to meet the expectations of contemporary buyers.
- High Monthly HOA Fees
At $650 per month, the association dues are relatively high for a small complex, which may impact the overall affordability and monthly carrying costs for potential owners.
About 12951 Riverside Drive 4
Welcome to this charming and spacious townhome located in the heart of Sherman Oaks. Set within a unique 6-unit community, this residence offers the look and feel of a single-family home. Ideally situated near Whole Foods Market, Westfield Fashion Square, top-rated schools, local freeways, and Ventura Boulevard. The light-filled main level features a generous living room that flows seamlessly into a versatile dining area, perfect for a family room, home office, or creative space to suit your lifestyle. The bright kitchen offers classic tile flooring, original tile countertops, and cabinetry, along with an adjacent side-by-side laundry area and convenient powder room. Upstairs, the spacious primary bedroom provides a relaxing retreat with both a walk-in closet and an additional closet. A well-sized secondary bedroom and full bathroom complete the second floor. Additional highlights include plantation shutters throughout, fresh interior paint, brand new carpet, patio, two covered parking spaces, and access to a community pool. This is a wonderful opportunity to own a beautifully maintained townhome in one of Sherman Oaks’ most desirable neighborhoods. Don’t miss this exceptional opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1975
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650.0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
John B. Monlux Elementary School
Grades K-5 • 1.6 mi
Erwin Elementary School
Grades K-5 • 1.8 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 | 3.0 | 3.0 | 50% |
| Square foot | 1,408 | 1,544 | 29% |
| Lot Size | - | 23,852 | 14% |
| Price | $589.0K | $740.0K | 14% |
| Price per sq ft | $418 | $478 | 29% |
| Built year | 1975 | 1975 | 50% |
| HOA | $650.0 | $650 | 50% |
| Days on market | 11 | 197 | 14% |
Pricing History
Listed for Sale
Feb 23, 2026
$589,000
Initial Listing



















































