
Sherman Oaks, California 91403
This 2BD/2BA Condominium in the Oak Pointe Community is a Strong Value Opportunity, listed at $539,000—positioned well below the $537,781 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Condition Rating of 4, this unit offers a functional layout with resort-style amenities, including six pools and tennis courts. Located in the Blue Ribbon Kester Avenue Elementary School District, it provides significant long-term stability. This residence is an ideal acquisition for first-time buyers or Owner-Occupants seeking a prime Sherman Oaks lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15231 Magnolia Boulevard 114 Subject | $539,000* List Price | 2 | 2 | 1,215 | $443 | - |
A 15231 Magnolia 221 Sold | $585,000 | 2 | 2 | 1,184 | $494 | 0.0 mi |
B 15325 Magnolia Boulevard 103 Sold | $575,000 | 2 | 2 | 1,392 | $413 | 0.1 mi |
C 15215 Magnolia Boulevard 131 Sold | $538,500 | 2 | 2 | 1,127 | $478 | 0.1 mi |
D 5070 Kester Avenue 12 Sold | $595,000 | 2 | 3 | 1,147 | $519 | 0.5 mi |
E 14804 Magnolia Boulevard 12 Sold | $599,000 | 3 | 2 | 1,614 | $371 | 0.6 mi |
F 14727 Magnolia Boulevard 112 Sold | $565,000 | 2 | 3 | 1,042 | $542 | 0.6 mi |
G 15457 Moorpark Street 3 Sold | $535,000 | 2 | 2 | 1,084 | $494 | 0.7 mi |
H 4637 Willis 110 Sold | $563,500 | 2 | 2 | 1,177 | $479 | 0.9 mi |
I 15325 Magnolia 102 Active | $580,000 List Price | 2 | 2 | 1,310 | $443 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is well-maintained but dated. The kitchen features older white appliances and dark wood cabinetry, while the bathrooms show older tile work and fixtures. The unit is functional and move-in ready but exceeds the 20-year threshold for modern updates to kitchens and baths.
Elementary School: Kester Avenue Elementary School (9/10).
The Oak Pointe Community offers an exceptional amenity package including six pools, three tennis courts, and multiple sports courts, providing a high-end lifestyle and significant value for residents.
Located within the highly coveted Blue Ribbon-recognized Kester Avenue Elementary School District, this property holds strong appeal for families and supports long-term property value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1215, other record living area = 1572.
At $665 per month, the association fees represent a significant recurring cost that may impact buyer affordability and debt-to-income ratios for financing.
Built in 1979, the building and unit may require updates to mechanical systems or cosmetic finishes to meet the expectations of buyers looking for modern luxury standards.
Welcome to this light-filled 2BD/2BA condo in Sherman Oaks' sought-after Oak Pointe Community. Warm and inviting interiors unfold across a well-appointed floor plan, beginning with a generous living room featuring a sleek fireplace and private balcony, flowing into an open kitchen with barstool seating, dedicated dining area, and wet bar, an ideal setting for both everyday living and entertaining. The spacious primary suite features an expansive walk-in closet and ensuite bath with dual vanities and a shower/tub combination, while the secondary bedroom offers ample closet space and convenient access to a well-appointed hallway bath with a step-in shower. In-unit laundry, abundant hallway storage, and two side-by-side parking spaces in a secured garage add everyday ease. Beyond the residence, Oak Pointe delivers an exceptional array of resort-style amenities, with six pools and spas, three tennis courts, two sports courts, a recreation room, and beautifully maintained community grounds. The HOA further enhances convenience by covering water, trash, internet, cable, landscaping, and maintenance of the complex. Located within the Blue Ribbon-recognized Kester Avenue Elementary School District and just moments from Ventura Boulevard, the Sherman Oaks Galleria, and convenient access to the 101 and 405 freeways, this inviting residence pairs spacious interiors with an impressive collection of amenities in a prime Sherman Oaks setting.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,215 | 1,281 |
| Lot Size | 136,550 | 30,405.448 |
| Price | $539.0K | $637.6K |
| Price per sq ft | $444 | $491 |
| Built year | 1979 | 1974 |
| HOA | $665.0 | $535 |
| Days on market | 28 | 53 |
Aug 12, 2026
$539,000
Initial Listing
May 1, 2017
$550,000
Public Record
Nov 12, 2004
$439,000
Public Record