
Sherman Oaks, California 91403
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,057,418 Fair Market Value by 1.5%. This valuation gap offers $62,418 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property offers a Viking-equipped kitchen and panoramic valley views with significant potential for cosmetic modernization. Its prime location near Mulholland Drive and elite private schools makes this an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3324 Alana Drive Subject | $3,995,000* List Price | 5 | 6 | 5,015 | $809 | - |
A 15701 Royal Ridge Active | $2,798,000 List Price | 4 | 3 | 3,190 | $877 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963 and features a high-end renovation that appears to be 20-25 years old. While the home is well-maintained with premium Viking appliances and granite countertops, the white oak arched cabinetry and traditional fixtures are dated. Per the criteria, it falls into 'Fair' as it is functional but requires cosmetic updates to the kitchen and bathrooms to meet modern luxury standards.
The property offers 'top of the world' views of the San Fernando Valley and city lights, situated on a quiet cul-de-sac with underground utilities for unobstructed vistas and total seclusion.
Ideally positioned for high-end commuters, providing rapid access to the Westside, Beverly Hills, and UCLA, while remaining close to prestigious private schools and Mulholland Drive.
The home features a seamless indoor-outdoor lifestyle with a spacious family room, wet bar, and a resort-style backyard complete with a pool, spa, and large covered patio.
Built in 1963, the traditional interior features such as leaded glass windows and specific white oak cabinetry may require modern updates to appeal to contemporary luxury buyers.
With a substantial 5,015 sqft structure on a 10,552 sqft lot, the outdoor space is almost entirely hardscaped for the pool and patio, leaving minimal green space or lawn area.
This spacious home in the desirable Sherman Oaks neighborhood offers breathtaking top-of-the-world views. It overlooks a vast portion of the Valley, providing incredible views and complete privacy. The home is situated on a cul-de-sac street with underground utilities and streetlights, ensuring a safe and convenient living environment.Walking distance from the Skirball Cultural Center, the home is conveniently located near private schools. It's just a short drive to major attractions like UCLA, Westwood, Hollywood, Brentwood, and Beverly Hills, as well as good access to Mulholland Drive. The home is also close to shopping and dining options.The home boasts large rooms with high ceilings, wood flooring, and three fireplaces. French doors open to a formal dining room with large leaded glass windows, creating a warm and inviting atmosphere. A spacious family/media room is perfect for entertaining guests. Custom white oak cabinetry built-ins, surround sound speakers, accent lighting, a wet bar/refrigerator, and a fireplace complete this room.The home opens out to an entertainer's dream backyard, featuring a pool, spa, and water fountain. A large covered entertainer's patio provides additional outdoor space for relaxation and entertaining. This home truly offers the perfect indoor-outdoor lifestyle, creating a private oasis for you and your family.The center island kitchen includes a breakfast area, leaded glass windows, and custom white oak cabinetry. A Viking stove with a large hood and fan, along with stainless-steel appliances and granite countertops, make cooking a breeze. A walk-in pantry provides ample storage space.The primary bedroom suite features a fireplace, a large dual walk-in closet, and a spacious bathroom with double sinks, a spa tub, and a bidet. French doors open to a balcony overlooking stunning views. The second bedroom is very private and has its own bathroom, making it ideal for guests. Two additional bedrooms are used as offices, providing a versatile living space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 6.0 | 3.0 |
| Square foot | 5,015 | 2,301.595 |
| Lot Size | 10,552 | 7,836.892 |
| Price | $4.00M | $1.78M |
| Price per sq ft | $797 | $827 |
| Built year | 1963 | 1954 |
| HOA | $0 | $170 |
| Days on market | 41 | 58 |
Jul 30, 2026
$3,995,000
Initial Listing