
Sherman Oaks, California 91411
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,675,000—positioned well above the $1,510,286 Fair Market Value by 10%. While the price reflects a premium, the 11,174 sq ft lot offers significant development upside, including potential for an ADU or home expansion. Currently in a Condition Rating of 5, the home requires a full renovation to modernize its original 1947 interiors. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants focused on long-term land value and customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15136 Clark Subject | $1,675,000* List Price | 3 | 2 | 1,776 | $850 | - |
A 5326 Norwich Avenue Active Under Contract | $1,250,000 List Price | 3 | 2 | 1,719 | $727 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 and held by the same owner for over 60 years, the property is in mostly original condition. Interior images reveal highly dated wallpaper, worn carpeting, and mid-century bathroom fixtures that exceed the 30-50 year renovation threshold. While the home features upgraded windows, the kitchen and baths require a complete rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11174, living area = 1776.
The massive 11,171 sq ft lot is a rare find in Sherman Oaks, providing ample space for a pool, home expansion, or the addition of an ADU to maximize property value.
Situated on a quiet, tree-lined street in a highly desirable pocket of Sherman Oaks, the property offers a blend of suburban tranquility and easy access to premier shopping and dining.
Available for the first time in over 60 years, the home likely requires significant cosmetic and system updates to meet the expectations of today’s luxury buyers.
At a list price of $1.675M for under 1,800 sq ft of living space, the value is heavily weighted in the land, which may be a hurdle for those seeking a move-in-ready residence.
Rare Sherman Oaks Gem on an Expansive Lot of Approx 11,171 sq ft. Per Assessor. This charming single-story home is available for the first time in over 60 years. Nestled on a quiet, tree-lined street in one of Sherman Oaks’ most desirable neighborhoods, this property offers a unique opportunity to create your forever home. This 1,776 sq ft per assessor, single story, one Level, 3 Bedroom, 2 Bath residence features a thoughtfully designed layout with a spacious great room that opens seamlessly to a lush, huge private backyard and patio. Surrounded by mature trees, the outdoor space is perfect for year-round entertaining, with ample room to add a pool or design your dream outdoor retreat, expand the home or add allowable ADU('s). The home includes a generous primary suite with a walk-in closet and private bathroom, along with two additional well-sized bedrooms and a second full bath—ideal for family, guests, or a home office. Additional highlights include, upgraded windows 2 cozy fireplaces and an open kitchen layout. A detached two-car garage provides excellent storage and offers potential for conversion into a studio, gym, or other lifestyle space. Conveniently located just minutes from premier shopping, dining, and entertainment, as well as easy freeway access, this property combines tranquility with accessibility. Don’t miss this rare opportunity to own a true Sherman Oaks treasure ready for its next chapter. Call for more info!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,776 | 1,564.5 | 67% |
| Lot Size | 11,174 | 6,753 | 87% |
| Price | $1.68M | $1.07M | 91% |
| Price per sq ft | $943 | $739 | 89% |
| Built year | 1947 | 1950 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 151 | 4% |
May 15, 2026
$1,675,000
Initial Listing