3920 Longridge Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 5 bed, 4 bath
3920 Longridge Avenue
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 3920 Longridge Avenue, Sherman Oaks, California 91423 reveals a property with a current list price of $2,795,000, which is 13% above the estimated $2,465,907 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
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 3940 Davana Road Sold | $2,200,000 | 4 | 4 | 2,918 | $754 | 0.8 mi |
B 4144 Fulton Avenue Sold | $2,975,000 | 5 | 5 | 3,751 | $793 | 0.3 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.
Condition Analysis
OVERALL CONDITION SCORE
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character and original hardwood floors, the kitchen, bathrooms, and major systems are likely original or severely outdated, requiring substantial rehabilitation and capital investment to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prestigious Location
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.
- Significant Development Potential
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.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
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.
- High Entry Price for a Fixer
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.
About 3920 Longridge Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 11,286 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
John B. Monlux Elementary School
Grades K-5 • 2.8 mi
Kester Avenue Elementary School
Grades K-5 • 2.8 mi
Erwin Elementary School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,369 | 2,291.5 | 73% |
| Lot Size | 11,286 | 7,425.5 | 86% |
| Price | $2.79M | $1.79M | 77% |
| Price per sq ft | $830 | $814 | 53% |
| Built year | 1941 | 1951 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 158 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,795,000
Initial Listing