
Sherman Oaks, California 91423
This Turnkey Condominium is a Strong Value Opportunity, listed at $730,000—positioned well below the $761,689 Fair Market Value by 4%. This valuation gap offers $31,689 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a 600 sq. ft. private terrace, remodeled granite kitchen, and a versatile loft. Located near top-rated schools like Warner Avenue Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4301 Fulton Avenue 303 Subject | $730,000* List Price | 2 | 3 | 1,643 | $453 | - |
A 4301 Fulton Avenue 205 Sold | $625,000 | 2 | 2 | 1,400 | $446 | 0.0 mi |
B 13331 Moorpark St #119 Sold | $640,000 | 2 | 2 | 1,319 | $485 | 0.2 mi |
C 4355 Ventura Canyon 103 Sold | $699,000 | 2 | 2 | 1,691 | $413 | 0.4 mi |
D 4334 Colbath Avenue 304 Sold | $700,000 | 2 | 3 | 1,481 | $473 | 0.8 mi |
E 4426 Ventura Canyon Avenue 102 Sold | $689,000 | 2 | 3 | 1,344 | $513 | 0.4 mi |
F 4259 Fulton Avenue 101 Sold | $675,000 | 2 | 2 | 1,296 | $521 | 0.0 mi |
G 4358 Mammoth Avenue 2 Sold | $520,000 | 2 | 2 | 1,060 | $491 | 0.5 mi |
H 4477 Woodman Avenue 305 Active | $849,900 List Price | 2 | 2 | 1,871 | $454 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1987, the unit is in turnkey condition with significant recent renovations. The kitchen features granite countertops and modern appliances, and the bathrooms have been updated with contemporary tile work and fixtures. The recent $100k+ investment in balcony/terrace resealing and fresh interior paint ensures the property is move-in ready without immediate maintenance needs.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a rare 600 sq. ft. private terrace plus two additional balconies, providing an extraordinary amount of outdoor entertaining space that is highly uncommon for a condominium.
With soaring cathedral ceilings and a loft that can easily be converted into a third bedroom, the unit offers a spacious, flexible floor plan that has been fully remodeled with high-end finishes.
The association fee of $701.48 is substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.
Despite the extensive outdoor terrace space, the property is officially listed as having no view, which may be a drawback for buyers seeking the typical vistas associated with Sherman Oaks.
!.- KEY FEATURES: A Highlighted: Outdoor Space: A rare 600 sq. ft. private terrace plus two additional balconies. Indoor spave 1643 sq/ft. B Layout: Cathedral ceilings, a spiral staircase, and a loft with a half-bath, can be converted into a third bedroom C Peace of Mind: The description specifically mentions the balconies/terrace were recently resealed to prevent water intrusion for the unit and for the unit below this one at a cost of over one hundred thousand, including the remodeling--definitely worth verifying in the uploaded supplements.. D Appraisal Report indicating a much higher value that it is listed. F Cerification SB-326 Balconies INCREDIBLE OPPORTUNITY TO ACQUIRE THIS BEAUTIFUL CONDO IN THE SOUGHT-AFTER SHERMAN OAKS COMMUNITY. WE ARE PROVIDING THE APPRAISAL, AND THE EXPENSES FOR THE RECENT IMPROVEMENTS SO YOU DO NOT HAVE TO DO ANYTHING TO THE UNIT, THIS IS REALLY A TURNKEY HOME. As soon as you enter the unit, it will mesmerize you with the HIGH-RISE cathedral ceiling, the spiral staircase that brings you to the loft, with 1/2 a bathroom, this loft can easily be converted into a bedroom, and adding a shower in the 1/2 bath, and with the large private terrace of about 600 sq/ft, made for entertaining on the fall and summer nights. The living area has a cozy atmosphere with bay window seating and a fireplace. It also has a balcony for warm summer nights. The kitchen has been remodeled with granite counters tops and state-of-the-art appliances. The master bedroom has a big walk-in closet and a balcony. The master bath is superb with a large spa tub and separate shower. The other bedroom is very nice and large, with a large closet as well. The aecond bathroom has been remodeled as well with granite countertop. There are plantation shutters and French windows and sliding door dressings. The balconies and terrace have recently been updated and resealed for the new owner and the other owner below to prevent any issues with water damage, please see the supplements included. The whole unit has been painted for the new owner. Only few minutes away walking for all kinds of shopping, Fashion Square Mall, services and restaurants.Really a prime location in Sherman Oaks.
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,643 | 1,281 |
| Lot Size | 17,252 | 30,405.448 |
| Price | $730.0K | $637.6K |
| Price per sq ft | $444 | $491 |
| Built year | 1987 | 1974 |
| HOA | $701.48 | $535 |
| Days on market | 43 | 53 |
Jul 28, 2026
$730,000
Initial Listing
Mar 31, 2017
$599,000
Public Record
Jul 30, 2013
$499,000
Public Record
Mar 29, 1996
$65,000
Public Record