13155 Margate Street, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 3 bed, 2 bath
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Sherman Oaks, California 91401
This Mid-Century Architectural Asset represents a Strong Value Opportunity, listed at $1,599,000—positioned slightly above the $1,583,283 Fair Market Value. While the property requires modernization, its Fair Condition Rating is offset by a rare 8,651-square-foot lot and iconic William Mellenthin design. Featuring a private swimming pool and covered patio, the home offers significant potential for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to restore a historic Sherman Oaks residence in a premier, low-traffic neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13155 Margate Street Subject | $1,599,000* List Price | 3 | 2 | 2,095 | $756 | - |
A 13424 Chandler Sold | $1,550,000 | 3 | 2 | 2,068 | $750 | 0.3 mi |
B 5249 Ventura Canyon Avenue Sold | $1,380,000 | 3 | 2 | 2,013 | $686 | 0.5 mi |
C 5544 Colbath Sold | $1,200,000 | 3 | 2 | 1,477 | $812 | 1.0 mi |
D 5227 Buffalo Sold | $1,300,000 | 3 | 2 | 1,420 | $915 | 0.6 mi |
E 5626 Matilija Sold | $1,175,000 | 4 | 2 | 1,704 | $690 | 0.8 mi |
F 6026 Greenbush Avenue Sold | $1,122,000 | 3 | 2 | 1,804 | $622 | 1.0 mi |
G 13017 Cumpston Street Active | $1,199,000 List Price | 3 | 3 | 2,056 | $583 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this home is well-maintained and livable but significantly dated. The kitchen features oak cabinetry and tile work likely from a 20-30 year old renovation, and the bathrooms are described as 'vintage' with original-style pink tile. While the structure appears sound and move-in ready, the listing explicitly suggests remodeling or fixing over time, placing it in the Fair category due to the age of the finishes and systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8651, living area = 2095.
Designed by renowned builder William Mellenthin and featured in the series 'Parks and Recreation,' this home offers exceptional mid-century charm with signature diamond-pane windows and open-beam ceilings.
Situated in the highly coveted North Hidden Woods pocket of Sherman Oaks, the property enjoys a quiet, low-traffic environment within a neighborhood featuring only two entrances and eight cul-de-sacs.
The property retains many original vintage elements, such as the tiled bathrooms and older kitchen, which will likely require a substantial capital investment to modernize and meet current luxury standards.
With only two bathrooms serving three bedrooms—including a shared vintage bath upstairs—the layout may be considered insufficient for modern families at this price point.
William Mellenthin's "story-and-a-half" located in the coveted North Hidden Woods of Sherman Oaks and resting on a sprawling 8,650-square-foot lot offering the perfect balance of quality mid-century architecture and location. If the classic facade looks familiar, it is because this home was featured in the hit series Parks and Recreation. Beyond its Hollywood pedigree, this property defines the classic Mellenthin aesthetic. Positioned in a quiet, highly desirable pocket neighborhood featuring only two entrances and eight peaceful cul-de-sacs, the home boasts incredible curb appeal and charm you can't duplicate. As one of Mellenthin's most beautiful models designed for a wide lot, the ranch-style exterior features his signature diamond-pane windows and an impressive front elevation. Inside, the home opens to a spectacular great room filled with natural light from a floor-to-ceiling picture window. Soaring open-beam wood ceilings, warm wood paneling, a wooden staircase with original black wrought iron railing, and an impressive brick fireplace create a truly inviting living space. The spacious formal dining room sits adjacent to the great room, establishing an ideal layout for entertaining. The main level also includes a clean, functional kitchen with an eat-in breakfast area, a dedicated service porch with laundry, and a private guest suite with a three-quarter bath perfect for visitors or a quiet home office. Beyond the kitchen lies the ultimate den, featuring a second brick fireplace, wood paneling, a vintage bar, and large glass sliders that open directly to the impressive backyard. Upstairs, you will find two spacious bedrooms, one with lovely built-ins, and the primary bedroom with wood beam detail and diamond pane windows showcasing lovely greenery, both sharing a vintage tiled bath awaiting your personal touch. Framed by mature podocarpus and pine trees, the large backyard is designed for outdoor living, offering a covered patio for al fresco dining, a sparkling swimming pool, and ample lawn space. This is a rare opportunity to own a wonderful home in a premier Sherman Oaks location, move right in and fix over time, or remodel the entire space for your dream residence. Come check out 13155 Margate Street, you will be glad you did.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,095 | 2,347 |
| Lot Size | 8,651 | 8,485 |
| Price | $1.60M | $1.81M |
| Price per sq ft | $763 | $827 |
| Built year | 1955 | 1956 |
| HOA | $0 | $0 |
| Days on market | 16 | 58 |
Jul 6, 2026
$1,599,000
Initial Listing
May 24, 2005
$920,000
Public Record
Mar 7, 2001
$440,000
Public Record