
Sherman Oaks, California 91423
This Turnkey Multi-Unit Residence is listed at $1,695,000, representing a stable and fair acquisition at its $1,680,711 Fair Market Value. The property features a meticulously renovated main home paired with a brand-new, income-producing two-story ADU, earning a premier Turnkey Condition Rating. Located on a secluded gated flag lot, the estate offers a private sanctuary within reach of Top-Rated Schools including Warner Avenue Elementary (9/10) and Kester Avenue Elementary (9/10). With designer finishes and a lush back patio, this is a perfect match for Owner-Occupants looking to house-hack or Multi-Generational Families seeking luxury and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4329 Allott Avenue Avenue Subject | $1,695,000* List Price | 6 | 5 | 2,373 | $708 | - |
A 4925 Greenbush Avenue Sold | $1,700,000 | 4 | 4 | 2,585 | $658 | 0.8 mi |
B 4947 Varna Avenue Sold | $1,775,000 | 4 | 3 | 2,818 | $630 | 0.9 mi |
C 4926 Greenbush Avenue Active | $1,999,000 List Price | 4 | 3 | 2,448 | $817 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turnkey condition following a comprehensive renovation and expansion completed just two years ago, alongside the addition of a newly constructed ADU. The interior features high-end modern aesthetics, including wide-plank light wood flooring, recessed lighting, and a designer kitchen with a waterfall island, wood-slat accents, and premium stainless steel appliances. Bathrooms are fully updated with contemporary vanities, designer tile work, and modern fixtures, meeting the highest quality standards for recent renovations.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a newly constructed, two-story 2-bedroom ADU with tenants already in place, offering immediate rental income or a versatile space for multi-generational living.
Both the main residence and the ADU have been recently renovated or newly built, providing a modern, move-in-ready 'oasis' that requires no immediate capital expenditure for upgrades.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2373, other record living area = 957. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
The presence of tenants in the ADU necessitates a 24-hour notice for all showings, which may complicate the scheduling process for prospective buyers and their agents.
As a flag lot property located down a private driveway, the home lacks traditional street-front visibility, which may be a drawback for buyers who prioritize a conventional neighborhood presence.
Down a private, gated driveway sits this charming, fully renovated single family home and new two-story ADU. Located on a flag lot in the heart of Sherman Oaks, this unique property is ideal for both investors and buyers looking for a great home with income potential. The single story 1,608 sq ft home has 4 bedrooms and 3 bathrooms and a cozy, serene back patio with lush landscaping. Fully renovated and expanded just two years ago, it feels like a turnkey oasis. The separate two-story new construction 765 sq ft ADU (4331 Allott Ave.) boasts a stunning 2 bedroom and 2 bathroom unit on the top floor, and a three car garage on the lower floor with ample storage space. It also has a quiet and private first floor patio. Just blocks from Dixie Canyon Elementary School, and a short distance from the best shopping, dining, and entertainment that Sherman Oaks has to offer, this property is the perfect blend of luxury and convenience. Please note: the ADU has tenants in place and 24 hours notice is required for all showings.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 92% |
| Baths | 5.0 | 3.0 | 73% |
| Square foot | 2,373 | 2,305 | 53% |
| Lot Size | 7,550 | 7,496 | 53% |
| Price | $1.70M | $1.72M | 46% |
| Price per sq ft | $714 | $821 | 25% |
| Built year | 1956 | 1951 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 176 | 4% |
Mar 23, 2026
$1,695,000
Initial Listing
Oct 14, 2021
$835,000
Public Record
Jan 23, 1998
$175,500
Public Record
Mar 16, 1995
$125,000
Public Record