15059 Rayneta Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 4 bed, 4 bath
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Sherman Oaks, California 91403
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $2,300,000—positioned well below the $2,364,312 Fair Market Value by 2%. This valuation gap offers $64,312 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Viking Appliances, and a Versatile Lower-Level Suite. With its panoramic valley views and modern infrastructure, this property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Buy-and-Hold Investors targeting high-end rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15059 Rayneta Drive Subject | $2,300,000* List Price | 4 | 4 | 3,544 | $667 | - |
A 4170 Crisp Canyon Road Sold | $2,350,000 | 4 | 4 | 3,172 | $741 | 0.4 mi |
B 14721 Valley Vista Active | $2,049,000 List Price | 4 | 4 | 3,709 | $552 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1990, the property has been well-maintained and updated with high-end finishes. The kitchen and bathrooms reflect a renovation likely within the 5-15 year range (granite, Viking appliances, modern tile work). Critical systems including the HVAC, roof, and water heater are described as 'newer,' and the home is in move-in ready condition with smart-home upgrades.
Situated South of the Blvd behind private gates, this property offers exceptional valley, canyon, and mountain vistas from nearly every room and multiple expansive balconies.
The residence includes a self-contained lower-level suite with a kitchenette and separate entrance, providing excellent potential for rental income, a guest wing, or a private home office.
The home features significant recent improvements including a newer dual-zone HVAC system, a newer roof, a tankless water heater, and integrated smart-home functionality.
With a 5,880 sqft lot supporting a 3,544 sqft home, the outdoor space may feel compact for buyers seeking extensive grounds or a large pool area.
The property's hillside topography and reliance on an engineered retaining wall may necessitate higher long-term maintenance and insurance considerations compared to flat-land parcels.
Perched behind a private gate South of the Blvd, this light-filled retreat delivers the trifecta: comfort, privacy, and sweeping panoramic views. This spacious 4-bedroom, 3.5-bath residence spans over 3,500 square feet and impresses from the moment you step inside, with soaring ceilings, an open floorplan, and a series of balconies that frame breathtaking valley vistas from nearly every angle. The second floor hosts three bedrooms and two baths, including the primary suite. The main living and dining spaces flow seamlessly onto an expansive entertainer's deck, the ultimate setting for golden-hour sunsets, starlit evenings, or lively gatherings under the sky. A wood-burning fireplace is beautifully situated in the living room, adding warmth and charm to the space. At the heart of the home, a beautifully appointed kitchen awaits, outfitted with granite countertops, a breakfast bar, premium Viking appliances, and dual wine fridges for the serious collector. Retreat to the primary suite, a true sanctuary featuring a spa-inspired bath, an oversized walk-in closet, and a private patio for quiet mornings or evening unwinding. Downstairs, a versatile lower-level suite offers a kitchenette, living area, bedroom, and full bath with its own separate entrance, perfect as a mother-in-law suite, guest quarters, media room, art studio, home office, or income-generating rental unit. At the bottom of the property, a large flat grassy yard offers space to play, garden, or simply enjoy the outdoors, complete with a permitted and engineered retaining wall for lasting peace of mind. Smart-home convenience adds another layer of ease, with most home functions controllable right from your iPhone. Additional Features include: Newer dual-zone HVAC system Newer roof Tankless water heater Attached 3-car garage Gated, South of the Blvd location convenient laundry with built-in cabinets and utility sink multiple storage closets Smart home functionality controllable from your iPhone Minutes from Whole Foods, 405 and 101 freeway access, and everything Sherman Oaks has to offer
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,544 | 2,347 |
| Lot Size | 5,880 | 8,485 |
| Price | $2.30M | $1.81M |
| Price per sq ft | $649 | $827 |
| Built year | 1990 | 1956 |
| HOA | $0 | $0 |
| Days on market | 13 | 58 |
Jul 9, 2026
$2,300,000
Initial Listing
Jun 29, 2018
$1,569,000
Public Record
Nov 14, 2014
$1,312,500
Public Record
Aug 14, 2002
$779,000
Public Record
Nov 3, 2000
$615,000
Public Record