
Sherman Oaks, California 91423
This High-Potential Investment Opportunity is listed at $685,000, positioned above the $592,511 Fair Market Value. While the property carries a Condition Rating of 4, it offers a Townhouse-Style Layout with a Private Patio and City Lights View. The building features a New Roof and Fresh Exterior Paint, providing immediate structural stability. Despite the High Association Fees, the prime location near Ventura Boulevard ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4242 Stansbury Avenue 116 Subject | $685,000* List Price | 2 | 3 | 1,165 | $515 | - |
A 14141 Dickens 301 Sold | $586,500 | 2 | 2 | 1,190 | $493 | 0.0 mi |
B 4915 Tyrone Avenue 136 Sold | $616,000 | 2 | 2 | 1,252 | $492 | 0.8 mi |
C 4334 Colbath Avenue 304 Sold | $700,000 | 2 | 3 | 1,481 | $473 | 0.3 mi |
D 14106 Dickens 302 Sold | $730,000 | 2 | 2 | 1,591 | $459 | 0.1 mi |
E 4915 Tyrone 126 Sold | $600,000 | 2 | 2 | 1,323 | $454 | 0.8 mi |
F 13948 Moorpark Street #4 Active | $695,000 List Price | 2 | 3 | 1,398 | $497 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is nearly 50 years old. While the building has a new roof and the unit features new carpet and wood floors, the interior remains dated with popcorn ceilings and older gold-framed mirrored closets. It is functional and move-in ready, but the kitchen and baths likely require modernization to move out of the 'dated' category.
Situated just steps from Ventura Boulevard, this property offers exceptional access to Sherman Oaks' premier dining, boutique shopping, and entertainment in a highly sought-after, tree-lined neighborhood.
The two-story corner unit design provides enhanced privacy and a house-like feel, featuring dual en-suite bedrooms, an open-concept living area, and a large private patio for indoor-outdoor living.
The building boasts a brand-new roof and fresh exterior paint, while the interior is move-in ready with new carpeting and wood flooring, offering immediate value and reduced maintenance concerns.
The monthly HOA fee of $905 is significantly higher than average for a two-bedroom unit of this size, which may impact buyer affordability and overall monthly carrying costs.
Constructed in 1975, the property may lack the modern energy-efficient systems and contemporary architectural features found in newer luxury condominium developments.
Welcome to this charming 2-bedroom, 2.5-bath townhouse-style condo in the heart of Sherman Oaks, ideally located just steps from Ventura Boulevard in a prime location. Nestled in one of the area's most desirable pockets, this home offers the perfect blend of style, comfort, and convenience. The building was recently refreshed with a sleek exterior repaint and a brand-new roof, enhancing its curb appeal and long-term value. This move-in ready, natural light-filled corner unit features wood floors throughout the first floor and brand-new carpet upstairs. The desirable open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space ideal for both everyday living and effortless entertaining. The spacious living room is highlighted by a cozy gas fireplace, adding warmth, character, and a welcoming focal point. The thoughtfully designed two-story layout offers enhanced privacy, while both generously sized bedrooms feature en-suite bathrooms and ample closet space. Step outside to your large, completely private patio perfect for indoor-outdoor living, morning coffee or al fresco dining. Residents enjoy controlled access, a conference room, additional storage lockers, and two side-by-side assigned parking spaces in a gated subterranean garage. The well-maintained community sits on a picturesque tree-lined street and features a sparkling pool for sunny Southern California days. Just moments from trendy restaurants, boutique shopping, coffee shops, and vibrant entertainment along Ventura Boulevard, this exceptional property offers the perfect combination of location, lifestyle, and comfort in one of Sherman Oaks' most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,165 | 1,252 |
| Lot Size | 28,909 | 39,742 |
| Price | $685.0K | $651.1K |
| Price per sq ft | $588 | $487 |
| Built year | 1975 | 1971 |
| HOA | $905.0 | $525 |
| Days on market | 43 | 62 |
Jun 9, 2026
$685,000
Initial Listing
Dec 18, 2003
$369,000
Public Record
Oct 27, 2003
$329,000
Public Record
Feb 27, 1997
$135,000
Public Record