4332 Allott Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath
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Sherman Oaks, California 91423
This Versatile Duplex-Style Residence represents a High-Potential Investment Opportunity, listed at $1,725,000—positioned well above the $1,443,002 Fair Market Value. While the price reflects a premium, the property offers significant income-generating utility through its Chef's Kitchen, Detached Studio, and proven Airbnb track record. With a Condition Rating of 3, the home provides a turnkey environment near Top-Rated Schools like Warner Avenue Elementary. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing lifestyle property in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4332 Allott Avenue Subject | $1,699,900* List Price | 3 | 2 | 1,911 | $780 | - |
A 4009 Woodman Sold | $1,860,000 | 3 | 3 | 2,092 | $889 | 0.5 mi |
B 4172 Nagle Avenue Sold | $2,050,000 | 4 | 3 | 2,219 | $924 | 0.3 mi |
C 13532 Addison Sold | $1,345,950 | 3 | 2 | 2,005 | $671 | 0.9 mi |
D 4800 4800 Mary Ellen Sold | $1,460,000 | 3 | 2 | 1,955 | $747 | 0.8 mi |
E 4640 Mary Ellen Avenue Sold | $1,725,000 | 3 | 3 | 2,163 | $798 | 0.7 mi |
F 3909 Glenridge Drive Sold | $1,600,000 | 3 | 3 | 2,311 | $692 | 0.6 mi |
G 13607 Huston Street Sold | $1,200,000 | 3 | 2 | 1,668 | $719 | 0.8 mi |
H 4920 Nagle Avenue Sold | $1,502,500 | 3 | 2 | 1,956 | $768 | 0.8 mi |
I 4460 Stansbury Avenue Active | $1,595,000 List Price | 3 | 3 | 1,753 | $910 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1941, the property has undergone significant high-end renovations. The chef's kitchen features custom cabinetry and professional-grade stainless appliances, and the bathrooms have been modernized with marble and mosaic tile. With a newer furnace, leased solar, and a well-maintained interior that appears to be a 5-15 year old renovation, the home is in move-in ready condition.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a unique duplex-style layout and a detached studio, offering significant flexibility for rental income, multigenerational living, or a live-work setup with proven Airbnb success.
Situated in a highly desirable neighborhood near Ventura Boulevard and the Dixie Canyon Community Charter School, providing excellent access to premier dining, shopping, and top-tier education.
The 400 sq. ft. detached garage studio is non-permitted, which may present challenges for certain financing types and future legal compliance or permitting requirements.
The solar panels are leased rather than owned, requiring the buyer to assume the lease agreement and potentially complicating the escrow process or adding to monthly overhead.
Tucked Behind Private Gates in the Heart of Sherman Oaks: A Light-Filled 3 Bedroom Home With a Flexible Bonus StudioBehind bougainvillea-lined gates on one of Sherman Oaks' perfectly situated location, sits a home that feels like an exhale. This is a 3 bed, 2 bath single-family residence 1,911 sq. ft., and it lives beautifully as a private retreat just steps from Ventura Boulevard, premier dining, shopping, cafes, wellness studios, and the highly sought-after Dixie Canyon Community Charter School.Inside, an updated chef's kitchen anchors the main living space with stainless steel appliances, custom cabinetry, and a built-in refrigerator. Bright windows pull natural light deep into the rooms and give the whole home a warm, serene feel. French doors off the primary suite open to a backyard that genuinely surprises people, with mature greenery, colorful blooms, intimate sitting areas, and flexible space made for entertaining, yoga, meditation, or simply slowing down.What makes this property rare is how adaptable it is. The layout offers the option of separate quarters with their own entrance, kitchen, bedroom, and full bath, which opens the door to multigenerational living, hosting guests, a roommate, or a live/work setup. It also converts back to a classic single-family floor plan with ease, so you get the flexibility without locking yourself into it. A bonus detached studio 400 sq. ft. with its own kitchen and bath (non-permitted space) adds even more room to stretch, whether that becomes a creative studio, a home office, or a private guest space.The home has been well cared for, with leased solar, a newer furnace, fresh paint, and gated off-street parking. It carries real charm in one of the Valley's most desirable neighborhoods, and the kind of versatility that's genuinely hard to find at this price point.A truly special home, and a rare one. Come see it for yourself.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,911 | 2,347 |
| Lot Size | 5,071 | 8,485 |
| Price | $1.70M | $1.81M |
| Price per sq ft | $890 | $827 |
| Built year | 1941 | 1956 |
| HOA | $0 | $0 |
| Days on market | 62 | 58 |
Jul 9, 2026
$1,699,900
$1,725,000
-1% Price Drop
Initial Listing
May 21, 2026
$1,725,000
Initial Listing
Jun 15, 2009
$732,000
Public Record
Dec 7, 2005
$680,000
Public Record