16011 Meadowcrest Road, Los Angeles, California 91403, Los Angeles, 91403 - 4 bed, 3 bath
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16011 Meadowcrest Road
Los Angeles, California 91403
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,052Sq Ft
15,495Lot Size
Property Price
LIST PRICE$2,495,000
EST. MARKET VALUE
$2,335,749
6% AboveMARKET VALUE
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $2,495,000—positioned well above the $2,335,750 Fair Market Value by 6%. While the property carries a Condition Rating of 3, its expansive 15,495 sqft lot and Sparkling Pool offer significant upside for value-add renovations. The home’s solid construction and prime Sherman Oaks location provide a stable foundation for long-term appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to modernize a classic ranch-style home.
Estimated Market Value
$2,335,749
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16011 Meadowcrest Road Subject | $2,495,000* List Price | 4 | 3 | 3,052 | $765 | - |
A 15831 Tobin Way Sold | $2,850,000 | 5 | 4 | 3,465 | $823 | 0.3 mi |
B 15936 Valley Wood Road Sold | $1,850,000 | 4 | 4 | 2,700 | $685 | 0.1 mi |
C 15815 Castlewoods Drive Sold | $2,300,000 | 4 | 4 | 3,276 | $702 | 0.3 mi |
D 3586 Alana Drive Sold | $1,852,500 | 4 | 3 | 2,601 | $712 | 0.1 mi |
E 15810 Castlewoods Drive Active | $2,400,000 List Price | 4 | 3 | 3,323 | $722 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1956 but features a clear mid-life renovation (likely 10-20 years ago) in the kitchen and bathrooms. The kitchen includes updated shaker cabinetry and granite countertops, while the bathrooms are clean and functional. The property is well-maintained, move-in ready, and shows no immediate signs of neglect, fitting the criteria for a well-maintained home of its age.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15495, living area = 3052.
- Expansive Private Lot
Situated on a generous 15,495 sqft lot, the property features a private backyard retreat with a sparkling pool and mature landscaping, offering rare scale for the neighborhood.
- Prime Sherman Oaks Location
Located in a highly sought-after 91403 pocket on a quiet, tree-lined street, this home provides a prestigious address with exceptional long-term value.
CONSRISKS & DEFICIENCIES
- Likely Modernization Needs
The description's emphasis on the home being an 'ideal canvas' to 'reimagine' suggests that the 1956 interior finishes may be dated and require significant updating to meet modern luxury standards.
- High Entry Price for Renovation
At a $2.495M list price, the additional capital investment required for a full-scale remodel may be a deterrent for buyers not looking for a major project.
About 16011 Meadowcrest Road
Welcome to 16011 Meadowcrest Road, a beautifully maintained single-story ranch nestled on a quiet, tree-lined street in one of Sherman Oaks' most sought-after neighborhoods. Surrounded by lush landscaping, this timeless residence offers warmth, comfort, and an effortless floor plan designed for both everyday living and entertaining. Light-filled living spaces, classic wood-burning fireplaces, and gracious gathering areas create a home that feels inviting from the moment you arrive. Set on an expansive lot of approximately 14,000 square feet, the private backyard is a true retreat, complete with a sparkling pool, mature landscaping, and generous outdoor spaces perfect for relaxing, entertaining, or enjoying Southern California's indoor-outdoor lifestyle. Whether you choose to move right in or reimagine the home over time, the opportunity here is exceptional. The home's solid construction, wonderful scale, and thoughtful layout provide the ideal canvas to create something truly special while preserving the character that makes it so appealing.Rarely does a property combine such a desirable location, a generous lot, timeless appeal, and unlimited potential. This is a wonderful opportunity to establish roots in one of Sherman Oaks' premier neighborhoods and create a home to enjoy for years to come. * * * DISCLAIMER: All square footage, lot size, dimensions, and other property measurements are approximate and have been obtained from sources deemed reliable but have not been independently verified by the Seller or Listing Broker. No representation or warranty is made as to the accuracy or completeness of such information. Buyer and Buyer's Broker are strongly advised to conduct their own independent investigation and due diligence, including obtaining any measurements or reports they deem appropriate, to verify the accuracy of all property information, including, without limitation, the square footage of the residence and improvements. Buyer shall rely solely on their own investigations and not on any statements, marketing materials, MLS information, or representations made by the Seller or Listing Broker. * * *
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 15,495 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,052 | 1,664.159 |
| Lot Size | 15,495 | 6,066.556 |
| Price | $2.50M | $1.35M |
| Price per sq ft | $817 | $806 |
| Built year | 1956 | 1939 |
| HOA | $0 | $278 |
| Days on market | 15 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$2,495,000
Initial Listing
Sold
Jan 19, 2000
$755,000
Public Record