
Sherman Oaks, California 91423
This Sherman Oaks Cottage is a Strong Value Opportunity, listed at $1,159,000—positioned well below the $1,248,190 Fair Market Value by 7%. This valuation gap offers $89,190 in Instant Equity for buyers. The property maintains a Move-in Ready Condition Rating, featuring a private patio and a detached garage with significant ADU Potential. Located near top-rated schools like Warner Avenue Elementary (9/10), it balances immediate lifestyle comfort with long-term financial upside. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14335 Magnolia Bl Subject | $1,159,000* List Price | 2 | 2 | 1,345 | $928 | - |
A 4534 Lennox Sold | $1,290,000 | 3 | 2 | 1,253 | $1,030 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring fresh paint, new lighting, and recently updated bathrooms with designer tile and a refinished tub. While the 1947 cottage retains original elements like hardwood floors and older-style kitchen cabinetry, the overall condition is elevated by recent cosmetic renovations and functional modern appliances.
Elementary School: Warner Avenue Elementary School (9/10).
The detached two-car garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), providing an excellent opportunity for rental income or multi-generational living.
Ideally situated just moments from Trader Joe’s and the Fashion Square Mall, this property offers high walkability and convenient access to premier shopping and dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
At 3,805 square feet, the lot is relatively small for the area, which may limit outdoor expansion or yard space if the garage is converted to an ADU.
Built in 1947, the property may require more frequent maintenance or future upgrades to its older structural and mechanical systems compared to more modern builds.
Discover the best deal in Sherman Oaks! This adorable two-story cottage features two bedrooms, two bathrooms, and a detached two-car garage with incredible ADU potential. The private gated yard, ringed with mature trees and a large, covered patio creates a perfect outdoor retreat, while the interior shines with new lighting and fresh paint. As you step through the front gate, you are welcomed by a home that feels like a private escape. The open living space has a beautiful bay window, brick fireplace and flows seamlessly to a sweet dining area with glass front cabinets. The bright kitchen has plenty of counter and cabinet space and opens up to a bonus area - a versatile space that could easily become a breakfast nook, your new favorite study or a secondary living area. Throughout the lower level, original hardwood floors add a touch of timeless character. The first level also features a bedroom and full bath - complete with new designer tile and a refinished tub. Upstairs, you'll find a charming loft area—a space just waiting to become a quiet sitting room or a dedicated workspace. Another bedroom and large bathroom with a tiled, walk in shower complete the 2nd story. Large windows throughout the home frame verdant views of the mature landscaping, bringing the beauty of the outdoors inside. Located just moments from Trader Joe’s and the Fashion Square Mall, you have the best of Sherman Oaks right at your fingertips. This is more than just a house; it is the peaceful, stylish home you have been searching for.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,345 | 2,305 | 4% |
| Lot Size | 3,805 | 7,473 | 1% |
| Price | $1.16M | $1.72M | 9% |
| Price per sq ft | $862 | $821 | 61% |
| Built year | 1947 | 1951 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 177 | 1% |
Apr 14, 2026
$1,159,000
Initial Listing
Aug 28, 2009
$330,500
Public Record
Oct 5, 2006
$665,000
Public Record
Jan 18, 2006
$450,000
Public Record