
Sherman Oaks, California 91423
This Architectural Penthouse-Style Condo is a Strong Value Opportunity, listed at $730,000—positioned well below the $794,538 Fair Market Value by 8%. This valuation gap provides $64,538 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the turnkey interior features a remodeled granite kitchen, cathedral ceilings, and a versatile loft. The standout feature is the rare 600 sq. ft. private terrace and proximity to top-rated schools like Warner Avenue Elementary. This residence is an ideal acquisition for Owner-Occupants or first-time buyers seeking a sophisticated, move-in-ready lifestyle.
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 | $484 | - |
A 4355 Ventura Canyon 103 Sold | $699,000 | 2 | 2 | 1,691 | $413 | 0.4 mi |
B 4348 Mammoth Avenue 301 Sold | $775,000 | 2 | 3 | 1,499 | $517 | 0.5 mi |
C 4259 Fulton Avenue 101 Sold | $675,000 | 2 | 2 | 1,296 | $521 | 0.0 mi |
D 4426 Ventura Canyon Avenue 204 Sold | $689,000 | 2 | 3 | 1,454 | $474 | 0.4 mi |
E 13331 Moorpark St #119 Active | $659,900 List Price | 2 | 2 | 1,319 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in turnkey, move-in ready condition with significant recent updates. The kitchen has been remodeled with granite countertops and modern stainless steel appliances, and the bathrooms feature contemporary tiling and updated fixtures. While the building was constructed in 1987, the unit shows minimal wear with fresh paint, laminate wood flooring, and a well-maintained 600 sq. ft. terrace that was recently resealed. It meets the 'good' criteria as a well-maintained, updated home that does not require immediate renovation.
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 living and entertaining space seldom found in condominium living.
With soaring cathedral ceilings and a loft equipped with a half-bath, the floor plan offers excellent flexibility and the potential to easily convert the upper level into a third bedroom.
The association fee of $644.44 per month represents a significant recurring expense that may impact the affordability and debt-to-income ratios for some prospective buyers.
Despite the extensive outdoor terrace and multiple balconies, the listing indicates no specific scenic views, which may be a drawback for buyers prioritizing California hillside or city vistas.
? Key Features ? Highlighted: Outdoor Space: A rare 600 sq. ft. private terrace plus two additional balconies. Indoor spave 1643 sq/ft. ? Layout: Cathedral ceilings, a spiral staircase, and a loft with a half-bath, can be converted into a third bedroom ? 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.. ? Appraisal Report indicating a much higher value that it is listed. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,643 | 1,314.5 | 86% |
| Lot Size | 17,252 | 19,031 | 43% |
| Price | $730.0K | $662.5K | 68% |
| Price per sq ft | $444 | $509 | 7% |
| Built year | 1987 | 1975 | 68% |
| HOA | $644.44 | $610 | 71% |
| Days on market | 34 | 168 | 4% |
Mar 19, 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