
Sherman Oaks, California 91423
This Modern Luxury Residence is a Prime Investment Opportunity, listed at $3,998,000—positioned well below the $4,117,015 Fair Market Value by 2%. This valuation gap offers $119,015 in Instant Equity. Boasting an Excellent Condition Rating, the home features a zero-edge infinity pool, smart-home integration, and a private 800-square-foot terrace. Located in a walkable Sherman Oaks neighborhood near top-rated schools like Warner Avenue Elementary, this property is an ideal sanctuary for discerning luxury buyers or owner-occupants seeking a turnkey, high-end lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4233 Costello Avenue Subject | $3,998,000* List Price | 5 | 7 | 5,251 | $771 | - |
A 4219 Costello Avenue Sold | $4,675,000 | 5 | 7 | 5,400 | $866 | 0.0 mi |
B 4469 Stern Ave Sold | $3,235,000 | 5 | 5 | 4,209 | $769 | 0.3 mi |
C 13944 Valleyheart Drive Sold | $3,150,000 | 5 | 6 | 4,422 | $712 | 0.5 mi |
D 4532 Calhoun Avenue Sold | $2,999,500 | 5 | 7 | 3,957 | $758 | 0.5 mi |
E 4210 Benedict Canyon Drive Sold | $5,000,000 | 5 | 6 | 5,109 | $979 | 0.4 mi |
F 4170 Sunnyslope Avenue Sold | $4,425,000 | 6 | 7 | 4,630 | $956 | 0.6 mi |
G 4163 Sunnyslope Avenue Sold | $3,900,000 | 5 | 7 | 4,015 | $971 | 0.6 mi |
H 4027 Dixie Canyon Avenue Sold | $3,720,000 | 5 | 5 | 4,946 | $752 | 0.8 mi |
I 4275 Murietta Avenue Active | $3,840,000 List Price | 6 | 7 | 4,700 | $817 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and in mint condition. It features a high-end modern kitchen with double islands and quartz accents, spa-like bathrooms with floating vanities, and state-of-the-art systems including dual HVAC, EV charging, and full smart-home integration.
Elementary School: Warner Avenue Elementary School (9/10).
Built in 2018, this residence features high-end architectural details like a floating staircase and a fully integrated smart home system controlling lighting, climate, and security.
The property boasts a zero-edge infinity pool and a unique 800-square-foot private turfed terrace, offering exceptional outdoor living space not included in the official square footage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5251, other record living area = 4486.
With a lot size of under 7,000 square feet for a 5,200+ square foot home, the outdoor yard space is relatively limited compared to other estates in this price range.
Despite its luxury status and multi-level design, the property does not offer the scenic city or canyon views often sought by buyers at the $4 million price point.
Located on a premier residential street in the heart of Sherman Oaks, 4233 Costello Avenue is a masterfully designed modern residence that seamlessly pairs high-end privacy with an enviable, walkable lifestyle. Set behind imposing security gates and just steps from the area's premier restaurants, boutiques, and fitness studios, this 5-bedroom, 7-bathroom (5 full and 2 half) multi-level residence offers over 5,200 square feet of uncompromisingly luxurious living space. Beyond the architectural solid-wood pivot door, a light-filled formal living and dining area - defined by soaring ceilings, walls of glass, a custom glass wine enclosure, and the sculptural silhouette of a floating staircase-creates an exquisite atmosphere for sophisticated entertaining. Completing the front of the residence, a custom-tiled guest powder bath and a versatile main-floor en-suite bedroom - currently tailored as an office - feature a full bath and a private deck overlooking mature magnolia trees. At the rear of the home, an expansive kitchen and family great room center around a custom fireplace, an integrated surround sound system with an in-wall subwoofer, and Fleetwood glass sliders that open directly to the yard. The kitchen is curated for both function and scale, featuring a rare double island, a large walk-in pantry, extensive premium cabinetry, and a dramatic book-matched quartz accent above the stove. Complete with an elegant breakfast area, this space delivers a sense of volume and refined quality typically found in much higher-priced estates. Serving as the 1st of the home's 3 distinct levels, the lower level adds exceptional versatility, featuring a 2-car garage equipped with an EV charging station (complemented by 2 additional spaces in the driveway) finished with black epoxy floors and custom built-ins for showcasing your autos, along with a convenient half bath and a dedicated home theater. Climate-controlled by 2 HVAC systems that separate the top floor from the lower 2 levels, the upstairs features a wide, airy hallway connecting a laundry room to 4 independent en-suite bedrooms. Each suite features large picture windows with automated Shade Store shades and spa-like bathrooms with custom tilework and floating vanities. The primary suite serves as a secluded sanctuary, complete with high ceilings, a luxurious dual-sided fireplace shared between the bedroom and bath, a large walk-in closet, and an opulent porcelain bathroom featuring a soaking tub and an oversized frameless glass shower. Directly off the primary bedroom is one of the property's most distinctive features: a nearly 800-square-foot private, turfed terrace (not included in the official square footage), which is the perfect setting for a personal wellness retreat, with ample room for a sauna, cold plunge, and lounging area. From here, a private exterior staircase leads to the resort-caliber backyard, which includes a zero-edge infinity pool with a sun deck, and a manicured play area with a built-in BBQ. Designed for modern convenience, the entire estate operates as a fully integrated smart home, offering seamless WiFi control over the Nest thermostats, Ring and DVR home camera systems, Lutron lighting, pool, sprinklers, and localized Sonos speakers. Offering exceptional scale, bespoke amenities, and a coveted location, 4233 Costello Avenue stands out as a preeminent opportunity for luxury living in Sherman Oaks.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.5 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 7.0 | 3.0 |
| Square foot | 5,251 | 2,301.595 |
| Lot Size | 6,994 | 7,836.892 |
| Price | $4.00M | $1.78M |
| Price per sq ft | $761 | $827 |
| Built year | 2018 | 1954 |
| HOA | $0 | $170 |
| Days on market | 58 | 58 |
Jul 13, 2026
$3,998,000
Initial Listing
Apr 23, 2018
$2,920,000
Public Record
Sep 1, 2016
$1,070,000
Public Record