13551 Cheltenham Drive, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 4 bed, 4 bath
13551 Cheltenham Drive
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 13551 Cheltenham Drive, Sherman Oaks, California 91423 reveals a Prime Investment Opportunity with a current list price of $2,699,000—significantly undercutting the $2,894,112 Fair Market Value by 6%. This valuation gap indicates a +$195,112 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13551 Cheltenham Drive Subject | $2,699,000* List Price | 4 | 4 | 3,582 | $808 | - |
A 3917 Murietta Avenue Sold | $1,980,000 | 3 | 3 | 3,535 | $560 | 0.4 mi |
B 4616 Ventura Canyon Avenue Active | $2,550,000 List Price | 4 | 4 | 3,085 | $827 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2003, the property has undergone extensive recent renovations within the last 5 years, specifically in the kitchen and bathrooms. The listing features a brand-new primary bathroom suite, a high-end updated kitchen, and modern amenities like a sauna and hot tub. The custom architectural details, such as exposed wood beams and wrought-iron work, are paired with virtually new finishes and no signs of deferred maintenance, meeting the criteria for an excellently maintained and updated residence.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Architectural Character & Modern Upgrades
This 2003 custom-built home features a refined Ojai Spanish aesthetic with high-end finishes, including a recently renovated primary suite and kitchen that blend timeless elegance with modern luxury.
- Exceptional Views & Privacy
Positioned to capture sweeping panoramic valley views, the property offers a rare level of tranquility and seclusion in the heart of Sherman Oaks, complemented by serene outdoor living spaces including a hot tub and sauna.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Variable School Ratings
While some local elementary schools are highly rated, the assigned middle schools show significantly lower performance scores, which may be a concern for education-focused families.
- Limited Flat Yard Space
Given the hillside location and focus on panoramic views, the 7,710 square foot lot may lack the expansive flat lawn area often desired by buyers at this price point.
About 13551 Cheltenham Drive
Welcome to 13551 Cheltenham Drive. Inspired by a refined Ojai Spanish aesthetic, this custom-built 2003 residence blends timeless elegance with white stucco walls, a red-clay tile roof, wrought-iron detailing, and graceful arched doorways, all bathed in extraordinary natural light. Spanning 3,582 square feet, the 4-bedroom, 4-bath home also offers approximately 700 square feet of additional storage and an expansive three-car garage with direct access, set against sweeping valley views with exceptional privacy. An immediate sense of calm greets you upon entering the grand great room, where soaring ceilings, exposed wood beams, and an open-concept design seamlessly connect the living spaces. The thoughtfully updated kitchen flows effortlessly into the dining area and a charming library nook, creating an inviting atmosphere for both everyday living and entertaining. Recent kitchen and bathroom renovations introduce refined finishes throughout, highlighted by a brand-new primary bathroom suite and an exceptional walk-in closet designed as a true retreat. Indoor-outdoor living unfolds with ease, as patios open to serene outdoor spaces complete with a hot tub and sauna perfect for relaxing while taking in the tranquil surroundings. A rare offering that artfully combines architectural character, modern enhancements, breathtaking views, and complete privacy in the heart of Sherman Oaks.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 7,710 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Roscomare Road Elementary School
Grades K-5 • 2.5 mi
Kester Avenue Elementary School
Grades K-5 • 2.6 mi
Erwin Elementary School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,582 | 2,305 | 77% |
| Lot Size | 7,710 | 7,425 | 57% |
| Price | $2.70M | $1.77M | 76% |
| Price per sq ft | $753 | $813 | 32% |
| Built year | 2003 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 158 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,699,000
Initial Listing
Sold
Jul 29, 2020
$2,000,000
Public Record
Sold
Jun 1, 2017
$1,820,000
Public Record
Sold
Jul 16, 2013
$1,905,000
Public Record
Sold
Oct 22, 2010
$1,440,000
Public Record