12955 Riverside Drive 102, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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Sherman Oaks, California 91423
This Turnkey Condominium is a Strong Value Opportunity, listed at $629,999—positioned well below the $636,840 Fair Market Value by 1%. This valuation gap offers $6,841 in Instant Equity. Featuring a Mint Condition Rating with modern kitchen upgrades and in-unit laundry, this home offers a lifestyle of convenience near top-rated schools like Kester Avenue Elementary. With a private patio and community pool, it balances comfort with prime Sherman Oaks accessibility. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12955 Riverside Drive 102 Subject | $629,999* List Price | 2 | 2 | 1,322 | $482 | - |
A 4426 Ventura Canyon Avenue 102 Sold | $689,000 | 2 | 3 | 1,344 | $513 | 0.9 mi |
B 5009 Woodman Avenue 113 Sold | $650,000 | 3 | 2 | 1,252 | $519 | 0.9 mi |
C 13331 Moorpark Street 352 Sold | $700,000 | 2 | 2 | 1,340 | $522 | 0.7 mi |
D 12955 Riverside Drive 307 Active | $599,000 List Price | 2 | 2 | 1,369 | $438 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1964 build date, the interior shows a high-quality, recent renovation (likely within the last 5 years). The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. New laminate flooring, fresh paint, and recessed lighting throughout indicate a mint, move-in-ready condition with no immediate maintenance required.
Elementary School: Warner Avenue Elementary School (9/10).
The property is ideally situated in a highly desirable neighborhood, offering walking distance or short drives to Westfield Fashion Square, parks, and top-rated schools.
With 1,322 square feet of living space, the unit features generously sized bedrooms, an open-concept living area, and the high-demand convenience of in-unit laundry.
Constructed in 1964, the building may lack the modern energy efficiencies of newer builds and could require more frequent long-term maintenance of common infrastructure.
The $550 monthly association fee represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
Welcome to this warm and inviting 2-bedroom, 2-bath home in a well-maintained Sherman Oaks community. The open living and dining area offers a comfortable space to gather, highlighted by a charming wet bar that adds character and convenience. A private patio extends the living area outdoors, creating a cozy setting for relaxation and fresh air. Both bedrooms are generously sized, providing comfort, privacy, and flexibility for various lifestyle needs. In-unit laundry enhances everyday convenience. The community features a sparkling pool and peaceful common areas, offering a pleasant environment to unwind. Located near well-regarded schools, parks, and the popular Westfield Fashion Square Mall, this home places shopping, dining, and entertainment within easy reach. A wonderful opportunity to enjoy comfort, convenience, and welcoming community living in a desirable Sherman Oaks neighborhood.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 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 | 1,322 | 1,331.5 | 46% |
| Lot Size | 31,532 | 18,345.5 | 62% |
| Price | $630.0K | $682.0K | 42% |
| Price per sq ft | $477 | $509 | 46% |
| Built year | 1964 | 1979 | 27% |
| HOA | $550.0 | $618 | 27% |
| Days on market | 8 | 164 | 4% |
May 29, 2026
$629,999
Initial Listing
Mar 21, 2013
$310,000
Public Record
Aug 1, 2012
$238,000
Public Record
Feb 4, 2005
$378,000
Public Record
Sep 29, 2000
$142,000
Public Record