13951 Addison, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

13951 Addison
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 13951 Addison, Sherman Oaks, California 91423 reveals a property with a current list price of $1,699,000, which is 54% above the estimated $1,096,875 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 13951 Addison Subject | $1,699,000* List Price | 3 | 2 | 2,181 | $503 | - |
A 4854 Ranchito Avenue Sold | $1,276,000 | 3 | 2 | 1,920 | $665 | 0.2 mi |
B 13521 Magnolia Boulevard Sold | $1,875,000 | 4 | 3 | 2,305 | $813 | 0.6 mi |
C 4637 Nagle Avenue Sold | $1,680,000 | 3 | 3 | 2,107 | $797 | 0.9 mi |
D 14012 14012 Morrison Sold | $1,300,000 | 3 | 2 | 1,374 | $946 | 0.1 mi |
E 13530 Morrison Sold | $1,495,000 | 3 | 3 | 1,747 | $856 | 0.5 mi |
F 13532 Addison Pending | $1,399,999 List Price | 3 | 2 | 2,005 | $698 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property underwent a significant rebuild just a few years ago, featuring modern upgrades such as hardwood flooring, granite countertops, recessed lighting, and high ceilings. While the listing mentions some deferred maintenance, the core components—including the kitchen and bathrooms—reflect contemporary styles and high-quality materials. It is a relatively new structure that requires only minor cosmetic attention to be brought back to peak condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
CONSRISKS & DEFICIENCIES
About 13951 Addison
Welcome to 13951 Addison Street, a single-story 3-bedroom, 3-bathroom home located in the highly sought-after Fashion Square area of Sherman Oaks. Situated on a quiet, tree-lined street with sidewalks, this home offers both neighborhood charm and unbeatable proximity to premium shopping and dining. The home features a bright open floor plan with high ceilings, allowing natural light to pour into the living spaces. The open kitchen flows seamlessly into the family room, where sliding glass doors open to a private backyard, ideal for indoor-outdoor living and entertaining. Two of the bedrooms are generously sized and include ensuite bathrooms, offering the flexibility of dual primary suites. Hardwood floors, granite countertops, recessed lighting, and other thoughtful upgrades were added during a rebuild completed just a few years ago. The garage has been converted into a guest unit with its own bathroom, providing excellent versatility for guests, extended family, a home office, or creative space. The property also presents a strong ADU opportunity, offering additional upside and future flexibility (buyer to verify). While the home currently has some deferred maintenance, it represents a fantastic opportunity—with minimal work, it can easily be brought back to life and customized to your vision. A rare chance to own a versatile property in one of Sherman Oaks’ most desirable neighborhoods, just minutes from Westfield Fashion Square.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,961 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Kester Avenue Elementary School
Grades K-5 • 1.2 mi
Erwin Elementary School
Grades K-5 • 1.6 mi
John B. Monlux Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 2,181 | 2,229.5 | 50% |
| Lot Size | 5,961 | 7,419.5 | 9% |
| Price | $1.70M | $1.76M | 42% |
| Price per sq ft | $779 | $813 | 34% |
| Built year | 1948 | 1951 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 158 | 2% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,699,000
Initial Listing
Sold
Aug 12, 2013
$738,500
Public Record
Sold
Dec 11, 2002
$390,000
Public Record














































