
Sherman Oaks, California 91403
This Renovated Sherman Oaks Townhouse is a Prime Investment Opportunity, listed at $808,888—positioned well below the $847,805 Fair Market Value by 4%. This valuation gap offers $38,917 in Instant Equity. Featuring a Move-In Ready Condition with a renovated powder room and stylish dry bar, the home provides access to Oak Pointe’s resort-style pools, tennis, and pickleball courts. Zoned for the elite 9/10 Kester Avenue Elementary School, it balances lifestyle luxury with financial upside. This is a perfect match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15129 Magnolia C Subject | $808,888* List Price | 2 | 3 | 1,541 | $507 | - |
A 5115 Kester 7 Active | $729,000 List Price | 3 | 3 | 1,534 | $475 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property features significant recent renovations including a newly updated powder room (<5y) and modern staircase railings. The primary bathroom and flooring appear to be well-maintained updates within the 5-15 year range, making the home move-in ready.
Elementary School: Kester Avenue Elementary School (9/10).
Located in the Oak Pointe community, residents benefit from premium amenities including tennis and pickleball courts, multiple swimming pools, and expansive green spaces, offering a high-end lifestyle.
The property features several key updates, including a renovated powder room, updated staircase railings, and a stylish dry bar, providing a contemporary feel and reducing immediate move-in costs.
At $600 per month, the association fee represents a significant recurring expense that may impact buyer affordability and overall monthly carrying costs.
With an original build date of 1976, the property and its core systems may require more frequent maintenance or future capital improvements compared to newer construction.
Welcome to 15129 Magnolia Blvd Unit C in the highly desirable Oak Pointe community in Sherman Oaks. Featuring a unique split-level floor plan, this home opens to a bright and airy living room creating an inviting space perfect for both relaxing and entertaining. The multi-level layout adds architectural interest and a sense of separation between living spaces, offering both privacy and character throughout. Thoughtful updates include a newly renovated powder room, staircase railings all throughout, dining room chandelier and a charming dry bar—perfect for your morning coffee or evening unwind. The spacious primary suite serves as a comfortable retreat, complete with a walk-in closet, dual vanities, generous counter space, and a large, well-sized shower in the en-suite bath. Residents of Oak Pointe enjoy resort-style amenities including tennis/pickle ball courts, multiple swimming pools, lush green spaces, and dog-friendly areas, creating a peaceful and well-rounded community environment. Ideally located in Sherman Oaks with convenient access to major freeways, shopping, dining, and entertainment, this home offers a great balance of comfort, style, and accessibility.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,541 | 1,839.5 | 50% |
| Lot Size | 164,191 | 87,773.5 | 50% |
| Price | $808.9K | $863.2K | 50% |
| Price per sq ft | $525 | $477 | 50% |
| Built year | 1976 | 1984 | 50% |
| HOA | $600.0 | $548 | 50% |
| Days on market | 36 | 148 | 50% |
May 1, 2026
$808,888
Initial Listing
May 24, 2019
$605,000
Public Record
Feb 9, 2018
$600,000
Public Record
May 10, 2007
$475,000
Public Record
Nov 22, 2000
$204,000
Public Record
May 7, 1997
$126,000
Public Record