
Sherman Oaks, California 91423
This Historic Midcentury Modern Residence represents a Strong Value Opportunity, listed at $3,950,000—positioned well below the $4,177,969 Fair Market Value by 5%. This valuation gap offers $227,969 in Instant Equity. Featuring an Excellent Condition Rating following a sensitive restoration, the home showcases iconic Rodney Walker architecture, expansive 180-degree jetliner views, and a rare 0.58-acre usable lot. This property is an ideal acquisition for Design Enthusiasts or Owner-Occupants seeking a turnkey architectural masterpiece.
Property is new construction or fully renovated.
While originally built in 1949, this historic Rodney Walker residence has undergone a high-end, sensitive restoration. The kitchen features contemporary minimalist cabinetry and integrated appliances, and the overall property is in mint condition with no visible maintenance needs, effectively functioning as a modern luxury home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25095, living area = 3411.
Elementary School: Warner Avenue Elementary School (9/10).
Designed by renowned Case Study architect Rodney Walker, this historic midcentury modern masterpiece offers significant cultural value and timeless aesthetic appeal for design enthusiasts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25095, other record lot size in square feet = 20267. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3411, other record living area = 2598. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Located near the intersection of Beverly Glen and Mulholland, residents may face significant traffic delays during peak commuting hours on these primary canyon arteries.
The extensive use of original redwood and vintage glass systems in a 1949 structure requires specialized care and higher-than-average maintenance costs to preserve its historic integrity.
The Asher Residence by Rodney Walker is considered one of his greatest works and an extraordinary and historic example of early midcentury Los Angeles architecture. Rodney Walker, AIA, who contributed three influential projects to the Case Study House program, was commissioned by the Asher family to develop this property which was completed in 1949. It stands as an exquisitely composed study in redwood, glass, and post-and-beam structure, capturing the essence of indoor/outdoor California living. The residence is a quiet sanctuary that explores the methodology of light as architecture. Every room is composed to draw the landscape and views inward, allowing the outdoors to become a living extension of the interior. Glass walls, shifting shadows, and open volumes transform movement through the home. Many elements are experimental for their time, including a modular concept that allows the expansive living spaces to be easily reconfigured, enabling the home to shift from four to five bedrooms if needed. Upon completion, the house was photographed by Julius Shulman, affirming its place as a significant statement of modernist design. Set high atop the Santa Monica Mountains, the property sits on a private lane between Mulholland Drive and Beverly Glen, on the border of Sherman Oaks and Bel Air. Its position affords inspiring 180degree jetliner views of the San Fernando Valley and the San Gabriel Mountains, with sunlight tracing the home from sunrise to sunset. The 0.58acre site is exceptional: a rare large usable lot in the hills with a lawn that wraps two sides of the structure, framed by pockets of architectural desert planting and mature avocado, walnut, pomegranate, magnolia, and olive trees that create a lush, tropical environment. The scale and layout of the home, combined with its generous outdoor spaces, make it clear that this is a property designed for family, guests, and effortless entertaining. Thoughtfully restored and sensitively updated, the Asher Residence remains a rare, intact expression of Walker's architectural philosophy, a place where structure and nature are held in perfect balance within a work of art shaped by one of California's most influential modernists.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 67% |
| Square foot | 3,411 | 2,586.5 | 67% |
| Lot Size | 25,095 | 7,628.5 | 93% |
| Price | $3.95M | $2.11M | 89% |
| Price per sq ft | $1.2K | $826 | 94% |
| Built year | 1949 | 1954 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 143 | 1% |
Jun 1, 2026
$3,950,000
Initial Listing
Jan 11, 2021
$3,185,000
Public Record
Jan 31, 2006
$2,000,000
Public Record
Dec 17, 2003
$1,050,000
Public Record