
Sherman Oaks, California 91403
This Spacious Traditional Residence is a Strong Value Opportunity, listed at $1,662,500—positioned well below the $1,750,000 Fair Market Value by 5%. This valuation gap offers $87,500 in Instant Equity for buyers. The property features a 3,024 sqft floor plan on a 12,004 sqft lot, maintaining a Condition Rating of 4 with "strong fundamentals." While functional, the interior requires modernization to fully capitalize on the prime Sherman Oaks location and exceptional privacy. This is a strategic acquisition for Owner-Occupants or Value-Add Investors.
Property is moderate renovation needed.
Built in 1961, this property is described as having 'strong fundamentals,' which typically indicates a well-maintained structure that is aesthetically outdated. While the 3,024 sqft floor plan is expansive, the lack of mention regarding recent renovations and the property's inclusion in an auction suggest that while functional, the kitchen, bathrooms, and interior finishes likely require modernization to meet current market standards.
Tucked away at the end of a driveway and screened by mature trees, this home offers exceptional privacy from the street. Set in the heart of desirable Sherman Oaks, it enjoys convenient access to both the 101 and 405 freeways. The property boasts strong fundamentals and a well-designed floor plan, featuring three spacious bedrooms, four bathrooms, a large living room, and an impressive kitchen across approximately 3,024 square feet. Upon entry, you're welcomed into an expansive living area ideal for both entertaining and everyday living. The bedrooms are generously sized and thoughtfully arranged to provide comfort and privacy. Offering a rare combination of space, functionality, and prime location, this residence presents an excellent opportunity to enjoy all that Sherman Oaks has to offer. NEW XOME Auction 04/04 - 04/07
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,024 | 2,569.5 | 69% |
| Lot Size | 12,004 | 9,633 | 67% |
| Price | $1.58M | $1.87M | 28% |
| Price per sq ft | $522 | $827 | 4% |
| Built year | 1961 | 1954 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 170 | 17% |
Apr 3, 2026
$1,579,400
$1,662,500
-5% Price Drop
Initial Listing
Mar 5, 2026
$1,662,500
$1,750,000
-5% Price Drop
Initial Listing
Feb 4, 2026
$1,750,000
Initial Listing
May 17, 2001
$425,000
Public Record
Jun 7, 2000
$1,000
Public Record
Apr 17, 1998
$475,000
Public Record
Aug 20, 1997
$239,000
Public Record