4477 Woodman Avenue 304, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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4477 Woodman Avenue 304
Sherman Oaks, California 91423
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,871Sq Ft
41,499Lot Size
Property Price
LIST PRICE$789,999
EST. MARKET VALUE
$781,722
SUMMARY
This Turnkey Penthouse is a Strong Value Opportunity, listed at $789,999—positioned slightly above the $781,722 Fair Market Value. While priced at market, the seller’s incentive covering a full year of HOA fees provides significant immediate savings. Featuring a spacious 1,871 sqft layout, vaulted ceilings, and an updated kitchen, the property maintains an Excellent Condition Rating. Located one block from Ventura Blvd, it offers a premier lifestyle for Owner-Occupants and first-time buyers seeking a walkable, high-end Sherman Oaks residence.
Estimated Market Value
$781,722
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4477 Woodman Avenue 304 Subject | $789,999* List Price | 2 | 2 | 1,871 | $418 | - |
A 4355 Ventura Canyon 103 Sold | $699,000 | 2 | 2 | 1,691 | $413 | 0.2 mi |
B 13331 Moorpark St #119 Sold | $640,000 | 2 | 2 | 1,319 | $485 | 0.4 mi |
C 4301 Fulton Avenue 205 Sold | $625,000 | 2 | 2 | 1,400 | $446 | 0.6 mi |
D 4454 Ventura Canyon Road 304 Sold | $807,000 | 2 | 3 | 2,282 | $354 | 0.1 mi |
E 4426 Ventura Canyon Avenue 102 Sold | $689,000 | 2 | 3 | 1,344 | $513 | 0.2 mi |
F 4334 Colbath Avenue 304 Sold | $700,000 | 2 | 3 | 1,481 | $473 | 0.3 mi |
G 4259 Fulton Avenue 101 Sold | $675,000 | 2 | 2 | 1,296 | $521 | 0.6 mi |
H 4477 Woodman Avenue 304 Active | $815,900 List Price | 2 | 2 | 1,871 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1991, the property is in turnkey condition with a 5-15 year renovation profile. It features an updated kitchen with quartz countertops, updated bathrooms, and modern flooring throughout. Critical systems are excellent, with a recently replaced roof and HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prime Walkable Location
Situated just one block from Ventura Boulevard, this penthouse offers exceptional walkability to premier dining, boutique shopping, and Westfield Fashion Square, placing it in the heart of Sherman Oaks.
- Spacious Penthouse Layout
With 1,871 square feet of living space, vaulted ceilings, and a versatile loft ideal for a home office, this unit provides a sense of scale and flexibility rarely found in standard two-bedroom condominiums.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41499, other record lot size in square feet = 41432.
- High Monthly HOA Dues
At approximately $952 per month, the recurring association fees are relatively high and may impact long-term affordability once the initial one-year seller credit expires.
- Inconsistent Local School Ratings
While the area features some high-performing elementary schools, the assigned middle school has a significantly lower rating, which may be a concern for families prioritizing public education quality.
About 4477 Woodman Avenue 304
Turnkey Sherman Oaks Penthouse in sought-after Woodman Villas, this spacious 2-bedroom, 2-bathroom penthouse condo offers 1,871 square feet of light-filled living just one block from Ventura Blvd's restaurants, boutique shopping, and Westfield Fashion Square. Vaulted ceilings and a cozy fireplace anchor the open living room, while the updated kitchen features quartz countertops and a newer range. The smart split-bedroom floor plan gives the primary suite privacy, complete with a walk-in closet and updated bath, plus a versatile loft ideal for a home office or studio.Recent building improvements include a new roof and HVAC, a remodeled resort-style pool, secure gated access, landscaped grounds with a BBQ area, and a recently renovated parking structure with EV charging. The building's reserves are healthy. and the building is approved for conventional and FHA financing. Seller is covering a full year of total HOA assessment fees for the buyer at close of escrow real, immediate monthly savings on top of an already competitively priced home in one of the Valley's most walkable neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 41,499 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $952.36 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Kester Avenue Elementary School
Grades K-5 • 1.8 mi
9/10
Erwin Elementary School
Grades K-5 • 2.1 mi
6/10
John B. Monlux Elementary School
Grades K-5 • 2.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,871 | 1,281 |
| Lot Size | 41,499 | 30,405.448 |
| Price | $790.0K | $637.6K |
| Price per sq ft | $422 | $491 |
| Built year | 1991 | 1974 |
| HOA | $952.36 | $535 |
| Days on market | 6 | 53 |
Pricing History
Listed for Sale
Sep 3, 2026
$789,999
Initial Listing
Sold
Jun 27, 2019
$575,000
Public Record
Sold
Apr 19, 2013
$470,000
Public Record
Sold
Oct 22, 2009
$430,000
Public Record
Sold
Nov 30, 2001
$275,000
Public Record
Sold
Dec 16, 1998
$189,000
Public Record
Sold
Apr 13, 1995
$168,000
Public Record