
Sherman Oaks, California 91423
This Turnkey Mid-Century Rancher is a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,886,724 Fair Market Value by 4%. This valuation gap offers $91,724 in Instant Equity. Featuring a remodeled kitchen, whole-house solar, and mountain views, the home maintains a Condition Rating of 2. Located near the highly regarded Dixie Canyon Community Charter, this property balances modern luxury with financial upside. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or discerning buyers prioritizing lifestyle and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4046 Murietta Avenue Subject | $1,795,000* List Price | 4 | 3 | 2,436 | $775 | - |
A 3909 Glenridge Drive Sold | $1,600,000 | 3 | 3 | 2,311 | $692 | 0.3 mi |
B 4172 Nagle Avenue Sold | $2,050,000 | 4 | 3 | 2,219 | $924 | 0.8 mi |
C 4329 Allott Avenue Avenue Sold | $1,690,000 | 6 | 5 | 2,373 | $712 | 0.6 mi |
D 14340 Roblar Sold | $2,000,000 | 3 | 3 | 2,195 | $911 | 0.6 mi |
E 4009 Woodman Sold | $1,860,000 | 3 | 3 | 2,092 | $889 | 0.4 mi |
F 3547 Summerfield Drive Sold | $1,510,000 | 3 | 2 | 1,984 | $761 | 1.0 mi |
G 14457 Glorietta Drive Sold | $1,660,000 | 3 | 3 | 1,855 | $895 | 0.8 mi |
H 4440 Sylmar Avenue Sold | $1,525,000 | 3 | 2 | 1,650 | $924 | 0.9 mi |
I 4100 Witzel Active | $1,999,000 List Price | 4 | 3 | 2,486 | $804 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1952, the property has undergone a comprehensive modern renovation. It features a stylishly remodeled kitchen, three updated bathrooms, and high-end upgrades including stacking glass doors and smart home technology. Critical systems are in mint condition with newer HVAC, updated electrical, newer windows, and an owner-owned solar system.
Elementary School: Warner Avenue Elementary School (9/10).
The property is move-in ready with high-value improvements including a remodeled kitchen, owner-owned solar system, newer HVAC, updated electrical, and a finished garage with a Tesla charger.
A wall of stacking glass doors creates a perfect flow to an expansive entertaining deck and private grounds, offering serene canyon and mountain views that enhance the retreat-like atmosphere.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2436, other record living area = 1456. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Approximately 979 square feet of the lower-level living space, including a bedroom and bathroom, may not be permitted, which could impact future valuation and financing.
There is a significant gap between the tax assessor's recorded 1,456 square feet and the advertised 2,436 square feet, requiring thorough buyer investigation to confirm usable equity.
Tucked away south of Ventura Boulevard, this move-in ready, bright mid-century rancher blends timeless architecture with a youthful vibe. The home offers head-on views and the peaceful feel of a canyon retreat just moments from the conveniences of Ventura Boulevard. Per the tax assessor, the main living area is 1,456 sq. ft. The 2,436 sq. ft. shown in the MLS includes an approximately 979 sq. ft. lower level with a bedroom and bathroom that was measured by a licensed appraiser, it may not be permitted living space. Buyers are advised to investigate to their own satisfaction. The home offers 4 bedrooms and 3 updated bathrooms, including a lower-level suite with 1 bedroom and 1 bathroom. Highlights include a stylish remodeled kitchen, newer HVAC, updated electrical, newer windows, an owner-owned whole-house solar system, smart home features, and a convenient dog washing station. The main living area opens through a wall of stacking glass doors to an expansive entertaining deck, creating a seamless indoor-outdoor connection. The lower level also includes an office, laundry room, and abundant storage. A finished detached two-car garage with a Tesla charger offers endless possibilities, while the driveway provides ample off-street parking. The private grounds feature a flat grassy lawn, charming garden areas, fruit trees, and a spa. With nearby hiking trails and the highly regarded Dixie Canyon Community Charter Elementary, this is an exceptional opportunity to own a home in one of Sherman Oaks' most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,436 | 2,347 |
| Lot Size | 7,241 | 8,485 |
| Price | $1.79M | $1.81M |
| Price per sq ft | $737 | $827 |
| Built year | 1952 | 1956 |
| HOA | $0 | $0 |
| Days on market | 13 | 58 |
Jul 9, 2026
$1,795,000
Initial Listing
Apr 3, 2018
$1,225,000
Public Record
Aug 7, 1997
$349,000
Public Record