14755 Valleyheart Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 3 bath
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Sherman Oaks, California 91403
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,649,000—positioned well below the $1,727,389 Fair Market Value by 4%. This valuation gap offers $78,389 in Instant Equity for the next owner. Featuring a Condition Rating of 3, the home includes a pool and spa and sits within the prestigious Kester Avenue Elementary School zone. With its versatile floor plan and prime location, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14755 Valleyheart Drive Subject | $1,599,000* List Price | 5 | 3 | 2,540 | $649 | - |
A 14954 Hesby Street Sold | $1,619,000 | 5 | 4 | 2,200 | $736 | 0.3 mi |
B 14620 Addison Street Sold | $1,515,000 | 4 | 3 | 2,452 | $618 | 0.2 mi |
C 5114 Cedros Avenue Sold | $1,950,000 | 4 | 5 | 2,778 | $702 | 0.3 mi |
D 4725 Cedros Avenue Sold | $1,860,000 | 3 | 2 | 2,741 | $679 | 0.2 mi |
E 4503 Tobias Avenue Active | $1,785,000 List Price | 4 | 4 | 2,500 | $714 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1952 build date, the property has undergone significant renovations within the last 5-15 years. Bathrooms feature modern tiling, contemporary vanities, and a freestanding tub. Systems appear updated with recessed lighting and HVAC vents visible. While the kitchen is virtually staged (suggesting the actual finishes may be dated) and the listing mentions 'light cosmetic updating,' the home is well-maintained and move-in ready.
Situated in the prestigious Ernie's Walk neighborhood and within the highly-coveted Kester Avenue Elementary School zone, the property offers exceptional long-term value and appeal for families.
With 2,600 square feet of single-story living space and five bedrooms, the home provides a rare and flexible floor plan suitable for a home office, gym, or multi-generational living.
The property features a gated driveway for enhanced privacy, along with a pool and spa, offering a solid foundation for a high-end outdoor retreat in a tree-lined setting.
The home requires light cosmetic updates and modernization throughout to reach its full potential, which will require additional capital investment beyond the purchase price.
Built in 1952, the property may have aging systems or original components that could necessitate more extensive repairs or upgrades during the renovation process.
Nestled on a tree-lined street in Sherman Oaks' desirable Ernie's Walk neighborhood, this gated single-story home presents an opportunity for the next owner to bring their vision to life.Set behind an electric driveway gate within the highly sought-after Kester Avenue Elementary School area, the home offers approximately 2,600 square feet of living space, five bedrooms and three bathrooms, including flexible spaces that may be ideal for a home office, gym, playroom, media room, or guest accommodations. A large attached garage and versatile floor plan provide plenty of options for personalization.The backyard features attractive hardscape, a pool and spa, and the opportunity to create a wonderful outdoor retreat.While the home could benefit from light cosmetic updating, it offers a rare chance for an owner-user to create something special in a premier Sherman Oaks location. Enjoy close proximity to Ventura Boulevard's shops, restaurants, and entertainment, as well as convenient access to the 101 and 405 freeways.Whether you're looking to refresh, reimagine, or simply make a home your own, this property offers an exciting opportunity within one of the Valley's most sought-after school zones.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,540 | 2,347 |
| Lot Size | 7,540 | 8,485 |
| Price | $1.60M | $1.81M |
| Price per sq ft | $630 | $827 |
| Built year | 1952 | 1956 |
| HOA | $0 | $0 |
| Days on market | 34 | 58 |
Jul 11, 2026
$1,599,000
$1,649,000
-3% Price Drop
Initial Listing
Jun 18, 2026
$1,649,000
Initial Listing
Apr 30, 2008
$572,000
Public Record
Jan 30, 2006
$749,000
Public Record