3546 Dixie Canyon, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 4 bed, 4 bath
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Sherman Oaks, California 91423
This Elegant Italian-Style Villa is a Prime Investment Opportunity, listed at $1,749,000—positioned well below the $1,799,401 Fair Market Value by 2%. This valuation gap offers $50,401 in Instant Equity for buyers. Featuring 13-foot ceilings, canyon views, and a Fair Condition Rating, the property provides immediate upside through cosmetic updates. Located south of the boulevard near the 9/10 rated Warner Avenue Elementary, it perfectly blends lifestyle and financial potential. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3546 Dixie Canyon Subject | $1,749,000* List Price | 4 | 4 | 3,101 | $580 | - |
A 3917 Murietta Avenue Sold | $1,980,000 | 3 | 3 | 3,535 | $560 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained but reflects its age through dated finishes. The kitchen features high-end Viking appliances but retains older tile countertops and white cabinetry. Bathrooms and living areas show 90s-era architectural details and vanities. While functional and move-in ready, the home fits the 'Fair' criteria as it is >20 years old and requires cosmetic updates to be considered modern.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in a highly coveted Sherman Oaks neighborhood on a quiet cul-de-sac, the property offers immediate access to the Dixie Canyon Nature Trail and is within the boundaries of high-rated local schools.
This Italian-style villa features impressive 13-foot ceilings, bamboo hardwood floors, and detailed crown moldings, creating a sophisticated and airy atmosphere that enhances the sense of luxury.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The multi-level hillside design and relatively small lot size of 5,259 square feet result in limited flat outdoor yard space, which may be a drawback for buyers seeking traditional play areas or expansive lawns.
A recent price reduction from the original list price of $1.895M to $1.749M suggests the property faced initial market resistance, which can sometimes lead to extended days on market and increased buyer scrutiny.
Welcome to 3546 Dixie Canyon Place, a beautiful Italian-style villa south of the boulevard in highly sought-after Sherman Oaks. Ideally located near the Dixie Canyon Nature Trail and Dixie Canyon Park, this elegant home combines European architecture with classic charm and modern comforts, offering a peaceful, retreat-like setting surrounded by protected natural landscape. Inside, you’ll find a truly unique living space highlighted by 13-foot ceilings, bamboo hardwood floors, and detailed crown moldings. The bright living room features a cozy fireplace and French doors that open to a spacious European-style patio—perfect for relaxing and enjoying the beautiful surroundings. The kitchen features top-of-the-line appliances, ample counter space, and a light, bright atmosphere. Set across multiple levels, this home overlooks a blooming hillside and includes two outdoor balconies that are ideal for morning coffee or quiet evenings with the perfect glass of wine. The primary suite offers a spa-like feel, with an oversized shower, an ensuite bath, and a generous walk-in closet. Additional highlights include a two-car garage, ample storage, and close proximity to top dining, shopping, and schools. Located on a quiet cul-de-sac, this home offers privacy, tranquility, and an exceptional lifestyle south of the boulevard in Sherman Oaks.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-5 • 3.0 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 3,101 | 2,311 | 70% |
| Lot Size | 5,259 | 7,473 | 3% |
| Price | $1.75M | $1.73M | 51% |
| Price per sq ft | $564 | $814 | 5% |
| Built year | 1990 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 177 | 2% |
Apr 21, 2026
$1,749,000
$1,895,000
-8% Price Drop
Initial Listing
Apr 8, 2026
$1,895,000
Initial Listing
Sep 14, 2001
$640,000
Public Record
Jan 26, 2001
$525,000
Public Record