
Sherman Oaks, California 91403
This property presents a High-Potential Investment Opportunity with a List Price of $1,989,000—positioned well above the $1,925,723 Fair Market Value by 3%. While the home requires significant modernization, its Fair Condition Rating and 2,976 sqft footprint provide a solid foundation for value-add renovations. Featuring Canyon and Mountain views and a classic center-hall layout, the residence offers substantial upside for those capable of executing a high-end restoration. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking a project in a prestigious Sherman Oaks canyon neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3563 Stone Canyon Avenue Subject | $1,989,000* List Price | 4 | 3 | 2,976 | $647 | - |
A 14905 Jadestone Drive Sold | $1,535,000 | 3 | 2 | 1,947 | $788 | 0.1 mi |
B 3947 Sumac Drive Active | $1,995,000 List Price | 4 | 5 | 3,192 | $625 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is well-maintained but significantly dated. The kitchen shows a mid-life renovation (likely 15-20+ years ago) with granite countertops and stainless steel appliances, but the wood-paneled ceilings, older cabinetry, and floral wallpaper indicate the systems and aesthetics are past their prime. The presence of older carpeting and original architectural details suggests the home needs cosmetic and likely system updates to meet modern standards, as reflected in the listing's emphasis on 'potential' and 'creative opportunity.'
Situated in a highly coveted 'South of the Boulevard' canyon neighborhood in Sherman Oaks, offering prestige and strong long-term investment value.
The nearly 3,000-square-foot residence features a functional center-hall floor plan with generous entertaining spaces, including an oversized family room and formal dining.
The home retains timeless charm with peg-and-groove flooring, used-brick fireplaces, and a trellised outdoor portico, providing a solid foundation for a high-end restoration.
Marketed as a 'transformation opportunity,' the property likely requires significant capital investment to update its 1960s-era finishes to modern luxury standards.
At 6,835 square feet, the lot is relatively compact for a home of this scale in a canyon setting, which may limit extensive outdoor expansion or yard utility.
Timeless Canyon Charm. Exceptional Potential with Room to Dream. In a coveted South of the Boulevard setting, 3564 Stone Canyon presents a rare opportunity to transform a character-rich residence into something truly yours. This bright and inviting two-story traditional home features 4 bedrooms, 2.75 baths, generous entertaining spaces, and a wonderfully livable floor plan designed for classic California living. A true center hall layout introduces expansive rooms filled with warmth and personality. Highlights include an oversized step-down family room with a built-in bar, a used-brick fireplace, and peg-and-groove flooring; an inviting living room with an open double fireplace connecting to the richly detailed den with broad double French doors that showcase a trellised outdoor portico, brick patio, and artfully landscaped gardens. The formal dining room is both charming and elegant, with bay windows framing the garden setting, while the expanded sun-splashed kitchen offers generous storage, pantry space, enclosed laundry, and a cheerful, broad breakfast room; tucked nearby is an oversized 3/4 powder bath. Upstairs, the private primary suite features dual closets and a 3/4 bath with a large shower and double vanities. Three spacious guest bedrooms with a shared full bath and double vanities complete the upstairs floor plan. Lovingly lived in and ready for its next chapter, this is a home of warmth, scale, and substance offering endless creative opportunity in one of Sherman Oaks' most desirable canyon neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,976 | 2,631 | 70% |
| Lot Size | 6,835 | 9,094.5 | 30% |
| Price | $1.99M | $1.87M | 56% |
| Price per sq ft | $668 | $814 | 16% |
| Built year | 1963 | 1954 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 153 | 4% |
May 8, 2026
$1,989,000
Initial Listing