
Sherman Oaks, California 91411
This High-Potential Investment Opportunity is listed at a List Price of $1,175,000, positioned slightly above the $1,114,779 Fair Market Value. While not a discount buy, the property offers significant upside through its Condition Rating of 3 and exceptional ADU & Creative Space Potential. The detached, soundproofed garage and bonus room provide a rare value-add opportunity for rental income or professional use. Located near Kester Elementary, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage a large lot for long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14546 Martha Subject | $1,175,000* List Price | 2 | 2 | 1,154 | $958 | - |
A 5512 Bevis Avenue Sold | $1,225,000 | 3 | 2 | 1,300 | $942 | 0.3 mi |
B 5646 Norwich Ave. Sold | $1,235,000 | 2 | 2 | 1,392 | $887 | 0.6 mi |
C 5740 Lemona Avenue Sold | $1,016,000 | 2 | 1 | 1,391 | $730 | 0.5 mi |
D 14716 Killion Street Sold | $1,250,000 | 3 | 2 | 1,472 | $849 | 0.2 mi |
E 15050 Martha Sold | $1,200,000 | 3 | 2 | 1,399 | $858 | 0.6 mi |
F 5460 Noble Avenue Sold | $1,260,000 | 3 | 2 | 1,558 | $809 | 0.6 mi |
G 5728 Columbus Avenue Avenue Sold | $1,090,000 | 3 | 2 | 1,254 | $869 | 0.8 mi |
H 5822 Norwich Ave. Sold | $1,190,000 | 4 | 3 | 1,562 | $762 | 0.6 mi |
I 5758 Tobias Avenue Active | $1,495,000 List Price | 3 | 2 | 1,608 | $930 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1940, the home is well-maintained and move-in ready. The kitchen has been updated with stainless steel appliances and stone countertops (likely within the last 5-15 years), and the hardwood floors have been refurbished. While some elements like the bathroom tile and mirrored closets are slightly dated, the overall condition is functional and preserved.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7933, living area = 1154.
The detached, soundproofed two-car garage with an attached bonus room offers exceptional potential for an ADU conversion or a private professional studio, providing significant value-add opportunities.
Ideally situated near the highly-rated Kester Elementary and the vibrant dining and shopping of Ventura Blvd, the property offers excellent accessibility to major film studios and the West Side.
At 1,154 square feet with only two bedrooms, the home's modest footprint may be a constraint for growing families or buyers requiring more substantial indoor living space.
While well-maintained, the age of the home may necessitate future investments in updating vintage systems or structural elements to meet contemporary efficiency and building standards.
This charming and very well maintained single family home is located in a sought after Sherman Oaks neighborhood. Nicely refurbished and preserved hardwood floors offer warmth and character of a bygone era that many still dream about. Primary bedroom has a large private bathroom. Spacious cook's kitchen is just off the Dinning Area and offers access to an oversized private yard. Detached two car garage is located towards the rear of the property and has been "Sound Proofed" and used as a musical studio. It has an amazing potential for an ADU that can still maintain privacy with the main house. There is also an attached bonus room to the garage that's great for an office or an art & yoga studio. Home is situated within a short distance to Kester Elementary/Magnet School and number of hot spots for dining and shopping along the famed Ventura Blvd. Easy access to numerous studios and other professional establishments in the SF Valley as well nearby Burbank, Hollywood and the West Side. Wether you are a first time buyer, looking to move out of a Condo, or simply downsizing, this lovely home offers an exceptional opportunity for you. Not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,154 | 2,301.595 |
| Lot Size | 7,933 | 7,836.892 |
| Price | $1.18M | $1.78M |
| Price per sq ft | $1.0K | $827 |
| Built year | 1940 | 1954 |
| HOA | $0 | $170 |
| Days on market | 36 | 58 |
Aug 4, 2026
$1,175,000
Initial Listing
Apr 3, 2025
$245,000
Public Record