
Sherman Oaks, California 91423
This Spacious Top-Floor Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $662,893 Fair Market Value by 9%. This valuation gap offers $63,893 in Instant Equity. The home holds a Move-In Ready Condition Rating, featuring laminate flooring, stainless steel appliances, and a private corner layout with treetop views. Residents enjoy a community pool and proximity to Top-Rated Schools like Warner Avenue Elementary (9/10). This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a high-upside asset in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12955 Riverside Drive 307 Subject | $599,000* List Price | 2 | 2 | 1,369 | $484 | - |
A 5107 Coldwater Canyon Avenue 13 Sold | $775,000 | 2 | 3 | 1,489 | $520 | 0.4 mi |
B 4702 Fulton Avenue 107 Sold | $575,000 | 2 | 2 | 1,080 | $532 | 0.4 mi |
C 4259 Fulton Avenue 101 Sold | $675,000 | 2 | 2 | 1,296 | $521 | 0.8 mi |
D 5050 Coldwater Canyon 102 Active | $699,999 List Price | 2 | 2 | 1,260 | $556 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates, including new laminate flooring, fresh interior paint, and stainless steel kitchen appliances. While the building was constructed in 1964, the unit has been well-maintained and partially renovated with updated cabinetry and light fixtures. The kitchen and bathrooms are functional and clean, though some finishes like the tile countertops and bathroom wall tile reflect an older style rather than a full modern renovation.
Elementary School: Warner Avenue Elementary School (9/10).
As a top-floor corner unit with only one shared wall and no neighbors above, this residence offers superior privacy, enhanced natural light, and quiet treetop views.
With nearly 1,400 square feet, the open-concept layout and oversized primary suite with a dedicated dressing area provide a spaciousness rarely found in standard two-bedroom condos.
The lack of in-unit laundry hookups requires residents to use shared building facilities, which is often viewed as a significant inconvenience for buyers in this price segment.
Built in 1964, the property may lack the modern energy efficiencies and updated common area aesthetics found in newer developments, potentially impacting future maintenance costs.
Welcome to this bright and private top-floor corner residence ideally situated in the heart of Sherman Oaks. With approximately 1,369 square feet of living space, this 2-bedroom, 2-bath condominium offers an exceptional combination of space, natural light, and thoughtful layout.Freshly painted interiors and laminate flooring create a warm, move-in-ready atmosphere throughout. The open-concept living and dining areas are anchored by a cozy fireplace and accented with stylish wall sconces, creating an inviting setting for both relaxing and entertaining. The kitchen features an expansive counter area, seamlessly opening to the main living space and enhancing connection throughout the home.A central hallway leads to a spacious secondary bedroom with a full wall of closet storage and an adjacent full bathroom. Privately tucked toward the rear of the unit, the generously sized primary suite offers abundant closet space along with a dedicated dressing area and an additional vanity before entering the en-suite bath.As a third-floor corner unit, the home enjoys pleasant treetop views, lots of natural light, and only one shared wall, offering enhanced privacy along with the benefit of no neighbors above. The home also provides excellent in-unit storage, including a large interior closet suitable for additional pantry space or even a secondary refrigerator.Additional highlights include two side-by-side parking spaces in a secure gated garage, elevator access, controlled entry, and community laundry facilities conveniently located throughout the building.Residents enjoy beautifully maintained grounds and a community pool, all just moments from Whole Foods, Ventura Boulevard's popular dining and shopping, Studio City, and convenient freeway access.A rare opportunity to own a spacious and private top-floor home in one of Sherman Oaks' most sought-after locations.
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 | 1,369 | 1,314.5 | 61% |
| Lot Size | 31,542 | 21,441.5 | 68% |
| Price | $599.0K | $631.5K | 39% |
| Price per sq ft | $438 | $509 | 7% |
| Built year | 1964 | 1975 | 21% |
| HOA | $550.0 | $598 | 32% |
| Days on market | 35 | 168 | 4% |
Mar 18, 2026
$599,000
Initial Listing
May 13, 2003
$237,000
Public Record