13114 Addison Street, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 4 bed, 3 bath

13114 Addison Street, Sherman Oaks, California 91423 home-pic-0

13114 Addison Street

Sherman Oaks, California 91423

CLOSED
CONDITION: FAIR
4Beds
3Baths
2,865Sq Ft
7,000Lot Size

Property Price

LIST PRICE$1,699,000

SUMMARY

Analysis of 13114 Addison Street, Sherman Oaks, California 91423 is currently available with a list price of $1,699,000. 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 was built in 1968. From the exterior image, the house appears to be maintained but not recently renovated. The style is dated. Without interior images, it's difficult to assess the kitchen and bathroom conditions, but based on the age, a 'fair' rating is appropriate, assuming regular upkeep but outdated features.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location

    Located in the desirable Sherman Oaks area, offering convenient access to amenities, schools, and entertainment.

  • Spacious Layout

    With 4 bedrooms and 3 bathrooms within 2865 sqft, the property provides ample living space for families.

  • Desirable Lot Size

    The 7000 sqft lot offers potential for outdoor activities, landscaping, or future expansion.

CONSRISKS & DEFICIENCIES

  • Older Construction

    Built in 1968, the property may require updates or renovations to meet modern standards.

  • Potential Renovation Costs

    Depending on the buyer's preferences, updates to the interior and exterior may be desired, incurring additional costs.

  • Limited Information

    Lack of detailed information about recent upgrades or specific property features may require further investigation.

About 13114 Addison Street

Exceptional opportunity in Sherman Oaks. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1968
Lot Size
7,000 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sherman Oaks Unified Schools

John B. Monlux Elementary School

Grades K-5 • 1.5 mi

6/10

Erwin Elementary School

Grades K-5 • 1.6 mi

6/10

Kester Avenue Elementary School

Grades K-5 • 2.3 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,8652,291.5
64%
Lot Size7,0007,419.5
35%
Price$1.73M$1.76M
48%
Price per sq ft$602$813
8%
Built year19681951
77%
HOA$0$0
50%
Days on market261158
87%

Pricing History

No pricing history data available.

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