14506 Benefit Street 103, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 1 bed, 1 bath

14506 Benefit Street 103, Sherman Oaks, California 91403 home-pic-0
ACTIVE$500,000
14506 Benefit Street 103, Sherman Oaks, California 91403
1Bed
1Bath
835Sqft
13,612Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated on a quiet, tree-lined street in the desirable South of the Blvd neighborhood, offering easy walking access to The Village at Sherman Oaks and quick freeway access (405/101).
Top Cons:
Limited Size/Bedroom Count: As a 1-bedroom, 1-bathroom unit, it caters to a narrower buyer demographic (singles, couples, corporate relocation) and may not appeal to those requiring more living space or additional bedrooms.

Compared to the nearby listings

Price:$500.0K vs avg $595.0K ($-95,000)12%
Size:835 sqft vs avg 1,450 sqft16%
Price/sqft:$599 vs avg $49976%

More Insights

Built in 1972 (53 years old).
Condition: This condo, built in 1972, has undergone significant recent renovations, including new flooring, fresh paint, recessed lighting, and a brand-new roof (2024) and recently painted exterior. The bathroom is modern and updated. While the kitchen features updated cabinets and countertops, the white appliances and fluorescent ceiling light appear older and are not consistent with a fully 'new or virtually new' standard, preventing an 'Excellent' rating. However, the property is clearly move-in ready with no immediate renovations required, fitting the 'Good' category.
Year Built
1972
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$599
HOA
$440
Days on market
-
Sold On
-
MLS number
SR25124401
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Welcome to 14506 Benefit St. #103 – A Stylish, Turn-Key Condo in Prime Sherman Oaks! Tucked away on a quiet, tree-lined street in the desirable South of the Blvd neighborhood, this beautifully upgraded 1-bedroom, 1-bathroom end-unit offers an exceptional blend of comfort, style, and location. With 835 sq. ft. of bright and airy living space, this rarely available single-level condo features a seamless open floor plan, modern updates, and thoughtful design throughout. Inside, enjoy new flooring, fresh paint, recessed lighting, and a cozy gas fireplace that adds warmth and charm. The well-appointed kitchen provides ample cabinet and storage space, while central air ensures year-round comfort. The spacious primary bedroom includes a custom Murphy bed, built-in desk, additional storage, and a generous walk-in closet. A brand-new roof was installed in 2024, and exterior of the building recently painted enhancing long-term value. This move-in ready, turn-key residence is ideal for corporate relocation or anyone seeking a hassle-free transition—with furniture, kitchenware, and household items included or negotiable. Community amenities include a sparkling pool and spa, extra storage, and secured gated parking. The HOA covers water, gas, and earthquake insurance. Ideally located just a short stroll to The Village at Sherman Oaks and minutes from Beverly Glen Blvd, the 405, and 101 freeways, this home offers unbeatable convenience. Additionally, this property serves as a compassionate housing option for individuals displaced by the California wildfires—offering stability, comfort, and direct access to major routes serving impacted areas.

Condition Rating
Good

This condo, built in 1972, has undergone significant recent renovations, including new flooring, fresh paint, recessed lighting, and a brand-new roof (2024) and recently painted exterior. The bathroom is modern and updated. While the kitchen features updated cabinets and countertops, the white appliances and fluorescent ceiling light appear older and are not consistent with a fully 'new or virtually new' standard, preventing an 'Excellent' rating. However, the property is clearly move-in ready with no immediate renovations required, fitting the 'Good' category.
Pros & Cons

Pros

Prime Location & Accessibility: Situated on a quiet, tree-lined street in the desirable South of the Blvd neighborhood, offering easy walking access to The Village at Sherman Oaks and quick freeway access (405/101).
Turn-Key & Modern Upgrades: The condo is beautifully upgraded with new flooring, fresh paint, recessed lighting, central air, and a gas fireplace, presented as move-in ready with negotiable furnishings.
Recent Building Improvements & HOA Benefits: The building features a brand-new roof (2024) and recently painted exterior, while the HOA covers essential utilities like water, gas, and earthquake insurance, reducing owner costs.
Desirable Community Amenities: Residents benefit from a sparkling pool, spa, extra storage, and secured gated parking, enhancing the lifestyle and convenience.
Optimized Interior Space: The 835 sq. ft. unit boasts a seamless open floor plan, a well-appointed kitchen, and a spacious primary bedroom with a custom Murphy bed, built-in desk, and walk-in closet, maximizing functionality.

Cons

Limited Size/Bedroom Count: As a 1-bedroom, 1-bathroom unit, it caters to a narrower buyer demographic (singles, couples, corporate relocation) and may not appeal to those requiring more living space or additional bedrooms.
Monthly Association Fee: The $440 monthly HOA fee represents a significant recurring cost that adds to the overall housing expense, which could be a deterrent for some potential buyers.
Price Reductions: The property has undergone two price reductions from its original list price, which may suggest a perceived overpricing or a longer market time, potentially impacting buyer confidence.

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