4425 Stern, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 4 bed, 2 bath
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Sherman Oaks, California 91423
This Value-Add Residential Asset is listed at $1,575,000, representing a strategic entry into a premier Sherman Oaks pocket north of Ventura Boulevard. While the $1,449,224 Fair Market Value reflects the current structure, the property’s true potential is anchored by its 6,619 sq ft lot and proximity to 9/10-rated Warner Avenue Elementary. Carrying a Dated Condition Rating, the 1,826 sq ft home offers a blank canvas for a high-end renovation or spec home development. This high-demand location supports significant forced appreciation, making it an ideal acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4425 Stern Subject | $1,495,000* List Price | 4 | 2 | 1,826 | $734 | - |
A 5139 Hazeltine Sold | $1,100,000 | 3 | 2 | 1,723 | $638 | 0.9 mi |
B 13607 Huston Street Sold | $1,200,000 | 3 | 2 | 1,668 | $719 | 0.7 mi |
C 4542 Stansbury Avenue Sold | $1,100,000 | 4 | 2 | 1,408 | $781 | 0.4 mi |
D 13621 Addison Street Sold | $1,200,000 | 3 | 2 | 1,461 | $821 | 0.8 mi |
E 5042 Stern Avenue Sold | $1,710,000 | 3 | 2 | 1,985 | $861 | 0.8 mi |
F 13905 Milbank Street Sold | $1,295,000 | 2 | 2 | 1,648 | $786 | 0.1 mi |
G 4828 Tilden Pending | $1,050,000 List Price | 3 | 2 | 1,559 | $674 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945, this property is significantly dated with most interior finishes (kitchen, baths, and flooring) appearing to be 30-40 years old. The presence of green shag carpeting, wallpaper, and drop-ceiling lighting in the kitchen indicates a lack of recent major renovations. The listing description explicitly frames the property as a renovation project or a development opportunity for a spec home, confirming it needs a full rehab.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in a highly sought-after Sherman Oaks pocket north of Ventura Boulevard, the property offers a quiet residential setting with close proximity to premium shopping and dining.
The 1,826 sq ft structure on a 6,619 sq ft lot presents a rare opportunity for developers or owner-users to renovate or build a high-end custom residence in a high-value area.
The property is in original, dated condition and requires a comprehensive renovation to meet modern luxury standards, necessitating a significant post-purchase budget.
As a 1940s original, the home lacks contemporary features such as an open-concept layout or updated systems, and the listing notes no specific views, which may limit its immediate appeal.
Prime Sherman Oaks opportunity! Located north of Ventura Blvd and just west of Woodman on a quiet, desirable street, this 4-bedroom, 2-bath home offers 1,826 sq ft of living space (per assessor) on a well-positioned lot. Built in 1945, the home features a traditional floor plan with a formal living room, dining room, and separate den, along with a 2-car garage. Original hardwood flooring in select areas adds a touch of classic character. The property is dated presents an excellent opportunity for an owner-user to renovate and create a custom residence, or for a developer to transform it into a high-end spec home. A rare chance to add value in one of Sherman Oaks’ most sought-after pockets—bring your vision and unlock its full potential.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,826 | 2,495 | 20% |
| Lot Size | 6,619 | 7,580 | 16% |
| Price | $1.50M | $2.02M | 22% |
| Price per sq ft | $819 | $822 | 48% |
| Built year | 1945 | 1954 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 142 | 4% |
May 21, 2026
$1,495,000
$1,575,000
-5% Price Drop
Initial Listing
Apr 22, 2026
$1,575,000
Initial Listing