
Los Angeles, California 91423
This Mid-Century Modern Residence represents a High-Potential Investment Opportunity, listed at $1,625,000—positioned slightly above the $1,606,329 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, the expansive 13,667 sqft lot featuring a pool and spa provides significant upside for value-add renovations. Located in a serene cul-de-sac near Mulholland Drive, the home offers a unique architectural aesthetic for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a classic property in a prime Sherman Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3553 Summerfield Drive Subject | $1,625,000* List Price | 3 | 2 | 2,008 | $800 | - |
A 4148 Camino De La Cumbre Sold | $1,690,000 | 3 | 3 | 2,002 | $844 | 0.9 mi |
B 3400 Camino De La Cumbre Sold | $1,540,000 | 3 | 2 | 1,804 | $854 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 with interior renovations (kitchen and bathrooms) appearing to be approximately 30 years old. The kitchen features dated square tile countertops and older appliances, while the bathrooms utilize 1990s-era glass block and tile styles. The home is well-maintained and functional but is significantly dated and requires cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13667, living area = 2008.
Elementary School: Warner Avenue Elementary School (9/10).
The home features iconic mid-century design elements, including walls of glass, high ceilings, and a stone fireplace, offering a highly desirable aesthetic for enthusiasts of this era.
Described as 'ready for its next chapter,' the 1959 original structure likely requires significant cosmetic and functional updates to meet modern luxury standards.
Despite its hillside proximity near Mulholland Drive, the property is listed as having no views, which may limit its competitive edge against neighboring properties with vistas.
Tucked away on a quiet cul-de-sac near Mulholland Drive, this mid-century modern home with a pool and spa is ready for its next chapter. Features include walls of glass, high ceilings in the formal dining room and kitchen with a breakfast area and adjoining sitting room. The spacious step-down living room includes a modern stone fireplace and sliding glass doors opening to the multiple patios and pool. There are three bedrooms including a generous primary suite with a custom- built walk in closet and an en suite bathroom with double sinks, a soaking tub and a large shower. The home enjoys a serene setting surrounded by greenery. Additional features include a large two-car garage with a laundry area. Ideally located in Sherman Oaks with convenient access to Beverly Hills and Century City.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,008 | 1,672 |
| Lot Size | 13,667 | 6,067 |
| Price | $1.62M | $1.37M |
| Price per sq ft | $809 | $801 |
| Built year | 1959 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$1,625,000
Initial Listing