3545 Alana Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 4 bath
ACTIVE$2,499,000
3545 Alana Drive, Sherman Oaks, California 91403
3Beds
4Baths
4,600Sqft
16,328Lot
Price Vs. Estimate
The estimated value ($2,499,000) is $0 (0%) lower than the list price ($2,499,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location & Panoramic Views: Situated in a highly sought-after Sherman Oaks neighborhood, the property offers stunning panoramic mountain views from multiple areas, enhancing its appeal.
Top Cons:
Significant Price Reductions: The property has undergone substantial price drops from its original listing of nearly $3M, potentially indicating initial overvaluation or market resistance.
Compared to the nearby listings
Price:$2.50M vs avg $2.10M (+$394,000)68%
Size:4,600 sqft vs avg 2,699.5 sqft92%
Price/sqft:$543 vs avg $8107%
More Insights
Built in 1979 (46 years old).
Condition: Built in 1979, this property is well-maintained but shows significant signs of being dated. The kitchen features original-style white cabinetry and very old built-in white appliances, indicating it has not undergone a major renovation in decades. While some flooring has been updated to light hardwood and one bathroom appears more modern, several other bathrooms and key living spaces retain their original or older aesthetics. The home is aged but maintained through regular upkeep, with major components functional but showing signs of being outdated, requiring minor to moderate updates to meet current standards.
Year Built
1979
Close
-
List price
$2.5M
Original List price
$3M
Price/Sqft
$543
HOA
-
Days on market
-
Sold On
-
MLS number
GD25128622
Home ConditionFair
Features
Good View: Mountain(s), Panoramic
Pool
Spa
Patio
ViewMountain(s), Panoramic
About this home
Located In A Highly Desirable Neighborhood Of Sherman Oaks * 3 Bedrooms + Office / 4 Bathrooms * 4,427sqft Of Living Space * 16,323sqft Lot * Formal Living Room With A Gas Fireplace * High Ceilings & Lots Of Natural Light * Large Patio With Views Leading Off The Formal Living Room * Custom Built Bar * Formal Dining Room * Large Kitchen With A Center Island & Built-In Appliances * Walk-In Pantry * Breakfast Nook * Separate Family Room * Enclosed Laundry Area * Large Master Suite With A Huge Walk-In Closet * Bottom Level Is Currently A Large Office With A Conference Room That Can Turn Into A Game Room, More Bedrooms, Gym Or Anything You Desire * Outdoor Dining Area * Outdoor Sitting Area * Private Inground Pool With A Custom Cover * Area For A Hot Tub & Lounge Area * 2 Car Attached Garage
Condition Rating
Fair
Built in 1979, this property is well-maintained but shows significant signs of being dated. The kitchen features original-style white cabinetry and very old built-in white appliances, indicating it has not undergone a major renovation in decades. While some flooring has been updated to light hardwood and one bathroom appears more modern, several other bathrooms and key living spaces retain their original or older aesthetics. The home is aged but maintained through regular upkeep, with major components functional but showing signs of being outdated, requiring minor to moderate updates to meet current standards.
Pros & Cons
Pros
Desirable Location & Panoramic Views: Situated in a highly sought-after Sherman Oaks neighborhood, the property offers stunning panoramic mountain views from multiple areas, enhancing its appeal.
Generous Living Space & Flexible Layout: Boasting 4,427 sqft of living space with high ceilings and abundant natural light, the versatile lower level can be adapted for additional bedrooms, a game room, or gym.
Extensive Outdoor Entertainment: The large 16,323 sqft lot features a private inground pool with a custom cover, dedicated outdoor dining and sitting areas, and space for a hot tub, ideal for entertaining.
Upscale Interior Amenities: The home includes a large kitchen with a center island and built-in appliances, a custom-built bar, formal living and dining rooms, and a spacious master suite with a huge walk-in closet.
Multiple Living Areas: The layout provides distinct formal living, formal dining, and a separate family room, offering ample space for various activities and comfortable living.
Cons
Significant Price Reductions: The property has undergone substantial price drops from its original listing of nearly $3M, potentially indicating initial overvaluation or market resistance.
Property Age (1979 Build): Built in 1979, the home is over 40 years old, which may suggest a need for updates to core systems (e.g., HVAC, plumbing, electrical) or general modernization beyond the mentioned kitchen remodel.
Bedroom Count Relative to Size: While very spacious at 4,427 sqft, the property is listed as 3 bedrooms plus an office, which might be considered a lower bedroom count for its overall square footage and price point by some buyers.