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

13951 Addison, Sherman Oaks, California 91423 home-pic-0

13951 Addison

Sherman Oaks, California 91423

ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,181Sq Ft
5,961Lot Size

Property Price

LIST PRICE$1,699,000
EST. MARKET VALUE
$1,096,875
54% AboveMARKET VALUE

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

$1,096,875
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
13951 Addison
Subject
$1,699,000*
List Price
322,181$503-
A
4854 Ranchito Avenue
Sold
$1,276,000321,920$6650.2 mi
B
13521 Magnolia Boulevard
Sold
$1,875,000432,305$8130.6 mi
C
4637 Nagle Avenue
Sold
$1,680,000332,107$7970.9 mi
D
14012 14012 Morrison
Sold
$1,300,000321,374$9460.1 mi
E
13530 Morrison
Sold
$1,495,000331,747$8560.5 mi
F
13532 Addison
Pending
$1,399,999
List Price
322,005$6980.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

9/10

Erwin Elementary School

Grades K-5 • 1.6 mi

6/10

John B. Monlux Elementary School

Grades K-5 • 2.1 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
48%
Baths2.03.0
34%
Square foot2,1812,229.5
50%
Lot Size5,9617,419.5
9%
Price$1.70M$1.76M
42%
Price per sq ft$779$813
34%
Built year19481951
41%
HOA$0$0
50%
Days on market31158
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

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