
Sherman Oaks, California 91403
This Spacious South of the Boulevard Residence is a Value-Driven Opportunity listed at $1,995,000—positioned well below the $2,022,250 Fair Market Value by 1%. This valuation gap offers $27,250 in Instant Equity. Maintaining a Good Condition Rating, the home features a private elevator, mountain views, and a renovated primary suite. While move-in ready, the dated kitchen provides clear upside for forced appreciation in a premier neighborhood. This is an ideal acquisition for Owner-Occupants or Value-Add Buyers seeking a prestigious hillside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3947 Sumac Drive Subject | $1,995,000* List Price | 4 | 5 | 3,192 | $625 | - |
A 4615 Cedros Avenue Sold | $2,300,000 | 4 | 3 | 2,870 | $801 | 0.9 mi |
B 4170 Crisp Canyon Road Active | $2,450,000 List Price | 4 | 4 | 3,172 | $772 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a high-end, recently renovated primary suite with modern floating vanities and a spa-like glass shower. While the kitchen and secondary bathrooms are dated—featuring older tile countertops and white appliances that suggest a need for future modernization—the home is well-maintained with clean living areas, high ceilings, and a rare private elevator. It meets the 'good' criteria as it is functional and well-kept with significant partial updates.
Situated in a highly sought-after Sherman Oaks neighborhood, this property offers prestige, privacy, and immediate proximity to Ventura Boulevard’s premier dining and shopping.
The inclusion of a private elevator is a rare and high-value feature for a multi-level residence, providing effortless accessibility and a unique luxury appeal.
The home features a sophisticated, spa-like primary bathroom renovation with high-end finishes, including a floating vanity and dual rainfall showerheads.
While the primary bath is updated, the kitchen and other areas are described as having 'potential,' suggesting a need for further capital investment to achieve a cohesive modern aesthetic.
Built in 1979, the property may require updates to its original systems or layout to meet contemporary standards for energy efficiency and open-concept living.
Prime Sherman Oaks Living South of the Boulevard – Timeless Charm, Privacy & Endless Potential! Rare opportunity to own a home in one of Sherman Oaks’ most sought-after, tree-lined neighborhoods south of the Boulevard. Set behind mature landscaping, this inviting residence offers a perfect blend of classic charm, comfort, and location—ideal for buyers looking to enjoy the best of Valley living with easy access to the city. Step inside to a warm and welcoming interior filled with natural light, featuring spacious living areas designed for both everyday comfort and entertaining. The living room serves as the heart of the home, offering an inviting space to relax, gather, and enjoy the serene surroundings. Large windows frame lush greenery and allow sunlight to pour in throughout the day. The kitchen provides ample cabinet space and functionality, ready to serve as-is or be customized to suit your vision. The spa-like primary bathroom blends modern sophistication with warm, natural finishes. A floating wood vanity with sleek black hardware anchors the space. The oversized glass-enclosed shower feels open and luxurious, featuring neutral stone tile, dual rainfall showerheads, and custom black fixtures for a striking contrast. The other bedrooms are generously sized, offering privacy and comfort, while the bathrooms maintain a timeless appeal. Adding to the home’s thoughtful design is a private elevator, offering effortless access across multiple levels. Outdoors, the property truly shines. The private backyard is a peaceful retreat—perfect for al fresco dining, weekend gatherings, or creating your own outdoor oasis. Whether you envision a garden, entertaining space, or tranquil escape, the possibilities are endless. Additional features include garage parking, mature trees for added privacy, and a layout that lends itself beautifully to future upgrades or expansion. Located just moments from Ventura Boulevard’s renowned dining, shopping, and entertainment, as well as nearby parks, studios, and freeway access, this home offers both lifestyle and convenience. Opportunities like this in Sherman Oaks don’t come often. This home offers location, charm, and potential in one exceptional package. Schedule your private showing today and imagine the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 3,192 | 2,569.5 | 72% |
| Lot Size | 6,971 | 9,559 | 28% |
| Price | $2.00M | $1.91M | 54% |
| Price per sq ft | $625 | $827 | 13% |
| Built year | 1979 | 1954 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 170 | 30% |
Jan 12, 2026
$1,995,000
Initial Listing
Apr 11, 2023
$1,325,000
Public Record
May 7, 2003
$715,000
Public Record