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 | $1,725,000* List Price | 3 | 2 | 1,911 | $755 | - |
A 13532 Addison Sold | $1,345,950 | 3 | 2 | 2,005 | $671 | 0.9 mi |
B 4800 4800 Mary Ellen Sold | $1,460,000 | 3 | 2 | 1,955 | $747 | 0.8 mi |
C 4640 Mary Ellen Avenue Sold | $1,725,000 | 3 | 3 | 2,163 | $798 | 0.7 mi |
D 4226 Greenbush Avenue Sold | $1,323,000 | 2 | 2 | 1,433 | $923 | 0.1 mi |
E 3909 Glenridge Drive Sold | $1,600,000 | 3 | 3 | 2,311 | $692 | 0.6 mi |
F 4009 Woodman Active Under Contract | $1,899,999 List Price | 3 | 3 | 2,092 | $908 | 0.5 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.
Calling ALL Investors looking for a successful AirBnb Business! A Single Family Residence with several income producing opportunities while you enjoy your New Home...Tucked behind private bougainvillea-lined gates on a charming tree-lined street in the heart of Sherman Oaks, this magical and versatile property offers the perfect blend of privacy, lifestyle, flexibility, and proven income potential just moments from Ventura Boulevard, premier dining, shopping, cafes, wellness studios, and the highly sought-after Dixie Canyon Community Charter School. Originally a 3-bedroom, 2-bath single-family residence spanning approximately 1,911 sq. ft., the residence has been thoughtfully reimagined into a duplex-style layout with separate entrances, kitchens, bedrooms, and full baths--ideal for multigenerational living, guests, roommates, live/work setups, or dual rental income, while still offering the ability to easily convert back to a traditional single-family residence.The main living quarters feature an updated chef's kitchen with stainless steel appliances, custom cabinetry, and a built-in refrigerator, while bright windows fill the spacious interiors with natural light and a warm, serene ambiance. French doors from the primary suite open to an enchanting backyard retreat with mature greenery, colorful blooms, intimate sitting areas, and flexible outdoor space perfect for entertaining, yoga, meditation, or play. Adding even more versatility is an approximately 400 sq. ft. detached garage studio conversion with full kitchen and bath (non-permitted ADU space), ideal for guests, creative space, office, Airbnb, or additional rental income.A long-standing successful Airbnb with proven rental appeal, this rare Sherman Oaks offering also includes leased solar, newer furnace, updated paint, gated off-street parking, and exceptional charm in one of the Valley's most desirable neighborhoods. A truly special MUST SEE opportunity.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,911 | 2,495 | 24% |
| Lot Size | 5,071 | 7,580 | 2% |
| Price | $1.73M | $2.02M | 40% |
| Price per sq ft | $903 | $826 | 63% |
| Built year | 1941 | 1954 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 143 | 1% |
May 21, 2026
$1,725,000
Initial Listing
Jun 15, 2009
$732,000
Public Record
Dec 7, 2005
$680,000
Public Record