3920 Longridge Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 5 bed, 4 bath
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Sherman Oaks, California 91423
This High-Value Restoration Project in the prestigious Longridge Estates is listed at $2,795,000, reflecting its status as a premier development site. While the $2,465,908 Fair Market Value indicates a location-based premium, the 11,286 sq. ft. corner lot and 3,369 sq. ft. footprint offer immense value-add potential. With a Condition Rating of 5, this 5-bedroom, 4-bathroom 1941 estate with a patio requires a full-scale rehabilitation. Proximity to Top-Rated Schools like Warner Avenue Elementary (9/10) and Roscomare Road Elementary (9/10) ensures long-term asset stability. This is a rare acquisition for Luxury Developers or High-End Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3920 Longridge Avenue Subject | $2,795,000* List Price | 5 | 4 | 3,369 | $732 | - |
A 4144 Fulton Avenue Sold | $2,975,000 | 5 | 5 | 3,751 | $793 | 0.3 mi |
B 3940 Davana Road Sold | $2,200,000 | 4 | 4 | 2,918 | $754 | 0.8 mi |
C 4161 Dixie Canyon Avenue Sold | $2,400,000 | 4 | 5 | 2,948 | $814 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 and offered for the first time in over 60 years, this property is explicitly marketed as a 'restoration project' to 'restore and reimagine.' While it retains architectural character and original hardwood floors, the kitchen, bathrooms, and major systems are likely original or severely outdated, requiring substantial rehabilitation and capital investment to meet modern living standards.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the coveted Longridge Estates, this property occupies a prime corner lot on one of Sherman Oaks' most sought-after streets, known for its history of high-profile residents.
The expansive 11,286 sq. ft. lot and 3,369 sq. ft. footprint provide a massive canvas for a luxury restoration, expansion, or a complete reimagining of a dream estate.
Offered for the first time in over 60 years, the property is a 'restoration project' that likely requires significant capital investment to modernize systems and finishes.
At a list price of $2.795M, the high cost of acquisition combined with the necessary renovation budget may limit the buyer pool to high-end developers or luxury end-users.
Coveted Longridge Estates. A rare opportunity to restore and reimagine a stately 1941 traditional estate. Offered for the first time in over 60 years, this timeless residence sits on an expansive 11,286 sq. ft. corner lot on one of the most sought-after streets in Longridge Estates. Graceful high ceilings, preserved architectural details, and original hardwood floors speak to the home's enduring character, while abundant natural light enhances its inviting interiors. Mature landscaping and a circular drive contribute to the property's distinguished curb appeal. This storied Sherman Oaks enclave has long attracted business leaders and Hollywood luminaries, adding to the prestige of the address. Whether refreshed with thoughtful cosmetic updates, expanded upon its remarkable layout, or fully reimagined, this property presents an extraordinary opportunity to create your dream estate.
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades K-5 • 2.8 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 78% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 3,369 | 2,311 | 74% |
| Lot Size | 11,286 | 7,496 | 89% |
| Price | $2.79M | $1.73M | 76% |
| Price per sq ft | $830 | $821 | 53% |
| Built year | 1941 | 1951 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 177 | 8% |
Feb 26, 2026
$2,795,000
Initial Listing