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

12951 Riverside Drive 4, Sherman Oaks, California 91423 home-pic-0

12951 Riverside Drive 4

Sherman Oaks, California 91423

ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
3Baths
1,408Sq Ft
Lot Size

Property Price

LIST PRICE$589,000

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

Fair
TeardownExcellent

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like plantation shutters, the primary functional areas (kitchen and bathrooms) show significant signs of being outdated and lack the modern renovations required for a higher rating.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

6/10

Erwin Elementary School

Grades K-5 • 1.8 mi

6/10

Kester Avenue Elementary School

Grades K-5 • 2.5 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.03.0
50%
Square foot1,4081,544
29%
Lot Size-23,852
14%
Price$589.0K$740.0K
14%
Price per sq ft$418$478
29%
Built year19751975
50%
HOA$650.0$650
50%
Days on market11197
14%

Pricing History

Listed for Sale

Feb 23, 2026

$589,000

Initial Listing

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