
Sherman Oaks, California 91423
This property presents a High-Potential Investment Opportunity with a List Price of $1,795,000—positioned well below the $1,795,061 Fair Market Value by 0.003%. Featuring a Fair Condition Rating (5/10), this 1948 ranch serves as a prime canvas for a total renovation. The 8,000+ sq. ft. lot, complete with a swimming pool and spa, offers significant upside in the prestigious Dixie Canyon Community Charter School district. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants looking to build long-term value through custom modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13841 Valley Vista Boulevard Subject | $1,795,000* List Price | 3 | 3 | 2,412 | $744 | - |
A 13546 Sarah Sold | $1,375,000 | 3 | 3 | 2,381 | $577 | 0.7 mi |
B 13905 Milbank Street Sold | $1,295,000 | 2 | 2 | 1,648 | $786 | 0.6 mi |
C 14015 Roblar Rd Sold | $2,225,000 | 5 | 3 | 3,190 | $697 | 0.2 mi |
D 3811 Glenridge Drive Active | $1,695,000 List Price | 3 | 3 | 2,570 | $660 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 and held by the same owner since 1969, the property is a classic 'time capsule.' While described as livable, the kitchen, bathrooms, and major systems likely exceed the 30-50 year age threshold for major rehab. The listing's suggestion to 'create something new' confirms it is priced for its land value and potential for a total renovation.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in one of Sherman Oaks' most prestigious neighborhoods, the property offers proximity to Ventura Boulevard and falls within the highly coveted Dixie Canyon Community Charter School district.
The 8,000+ square foot lot is fully optimized for California living, featuring a swimming pool, spa, and mountain views, providing a strong foundation for an entertainer's backyard.
Having been under the same ownership for over 50 years, the home likely requires a comprehensive aesthetic and functional overhaul to meet modern luxury standards.
Given the 1948 construction date, buyers should anticipate the need for modernizing aging systems such as electrical, plumbing, or HVAC, which may increase the total investment beyond the purchase price.
Offered for sale for the first time since 1969, this warm and light-filled 2,400+ sq. ft. traditional ranch style home with charming curb appeal and lovely views is located in one of Sherman Oaks' most desirable South-of-the-Boulevard neighborhoods. Featuring 3 bedrooms, 3 bathrooms, a formal living room with a fireplace, a formal dining room, and a family room with a fireplace and a wall of doors opening to the backyard, the home is ideal for both everyday living and entertaining. The 8,000+ square foot lot includes a swimming pool, spa, and multiple entertaining and play areas. Located within the highly sought-after Dixie Canyon Community Charter School district, just a few blocks from Ventura Boulevard, with easy access to the Westside, shopping and the best private schools, this special property combines an exceptional location with tremendous potential. Comfortably livable as is, this home offers a perfect opportunity to update and refresh or to create something new.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,412 | 2,347 |
| Lot Size | 8,084 | 8,485 |
| Price | $1.79M | $1.81M |
| Price per sq ft | $744 | $827 |
| Built year | 1948 | 1956 |
| HOA | $0 | $0 |
| Days on market | 20 | 58 |
Jul 2, 2026
$1,795,000
Initial Listing