3634 Royal Meadow Road, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 4 bath
ACTIVE$1,995,000
3634 Royal Meadow Road, Sherman Oaks, California 91403
3Beds
4Baths
5,040Sqft
16,898Lot
Price Vs. Estimate
The estimated value ($1,606,444.555) is $388,555.445 (19%) lower than the list price ($1,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Sherman Oaks Location: Located in highly desirable Sherman Oaks, offering excellent schools, amenities, and community appeal within a sought-after Los Angeles neighborhood.
Top Cons:
Extensive Code Violations & Unpermitted Work: The property has multiple identified code violations and unpermitted grading/construction in the rear yard, indicating significant legal and financial liabilities for remediation and permitting.
Compared to the nearby listings
Price:$2.00M vs avg $2.10M ($-105,000)43%
Size:5,040 sqft vs avg 2,699.5 sqft96%
Price/sqft:$396 vs avg $8101%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, this 65-year-old property is described as a short sale, often indicative of deferred maintenance. Crucially, the listing explicitly states, 'The City has identified multiple code violations involving unpermitted grading and construction in the rear yard.' This points to significant defects affecting safety, soundness, and structural integrity, requiring substantial repairs and rehabilitation. The 'Drive by only' instruction further suggests the interior is not in a condition suitable for viewing, implying it is unsafe, unlivable, or requires extensive work. Without images, specific kitchen/bathroom conditions cannot be assessed, but the severe structural and legal issues override any potential interior features, placing it firmly in the 'Poor' category.
Year Built
1959
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$396
HOA
-
Days on market
-
Sold On
-
MLS number
SR25181924
Home ConditionPoor
Features
View-
About this home
Property is a short sale. The City has identified multiple code violations involving unpermitted grading and construction in the rear yard. Drive by only
Condition Rating
Poor
Built in 1959, this 65-year-old property is described as a short sale, often indicative of deferred maintenance. Crucially, the listing explicitly states, 'The City has identified multiple code violations involving unpermitted grading and construction in the rear yard.' This points to significant defects affecting safety, soundness, and structural integrity, requiring substantial repairs and rehabilitation. The 'Drive by only' instruction further suggests the interior is not in a condition suitable for viewing, implying it is unsafe, unlivable, or requires extensive work. Without images, specific kitchen/bathroom conditions cannot be assessed, but the severe structural and legal issues override any potential interior features, placing it firmly in the 'Poor' category.
Pros & Cons
Pros
Prime Sherman Oaks Location: Located in highly desirable Sherman Oaks, offering excellent schools, amenities, and community appeal within a sought-after Los Angeles neighborhood.
Substantial Lot Size: Features a generous 16,898 sqft lot, providing ample outdoor space, privacy, and significant potential for landscaping, expansion, or recreational use.
Expansive Living Space: With 5,040 sqft, the property offers exceptionally large interior dimensions, accommodating various living arrangements, multiple common areas, and spacious rooms.
High Bathroom-to-Bedroom Ratio: Boasts 4 bathrooms for 3 bedrooms, providing excellent convenience and functionality, a desirable feature for a large family home.
Significant Value-Add Potential: Presents a unique opportunity for an experienced investor or developer to acquire a large property in a prime area at a potentially discounted price, with substantial equity upside post-remediation.
Cons
Extensive Code Violations & Unpermitted Work: The property has multiple identified code violations and unpermitted grading/construction in the rear yard, indicating significant legal and financial liabilities for remediation and permitting.
No Interior Access: The 'drive by only' status prevents any interior inspection, making it impossible for buyers to assess the property's condition, layout, or the full extent of necessary repairs, posing extreme risk.
Complex Short Sale Transaction: Being a short sale, the transaction process will be lengthy, complex, and subject to lender approval, potentially leading to significant delays or cancellation.