4487 Colbath Ave 207, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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Sherman Oaks, California 91423
This Modernized Move-In Ready Condo is listed at $499,900, offering a stable and fair entry point at its $499,900 Fair Market Value. Boasting a Good Condition Rating, the residence features a Remodeled Granite Kitchen, a new energy-efficient HVAC system, and dual-pane windows for enhanced comfort. Residents enjoy a prime Sherman Oaks lifestyle near Ventura Boulevard, supported by the top-rated Warner Avenue Elementary School (9/10). This property combines essential upgrades with resort-style amenities like a pool and spa, making it an ideal sanctuary for first-time buyers or Owner-Occupants seeking a polished, low-maintenance home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4487 Colbath Ave 207 Subject | $499,900* List Price | 2 | 2 | 1,017 | $492 | - |
A 4915 Tyrone Avenue 102 Sold | $500,000 | 1 | 1 | 1,058 | $473 | 0.7 mi |
B 4702 Fulton Avenue 107 Sold | $575,000 | 2 | 2 | 1,080 | $532 | 0.9 mi |
C 4358 Mammoth Avenue 26 Sold | $570,000 | 2 | 2 | 1,108 | $514 | 0.3 mi |
D 14414 Addison Street 24 Sold | $520,000 | 2 | 2 | 1,166 | $446 | 0.8 mi |
E 14414 Addison Street 17 Sold | $499,000 | 2 | 2 | 1,052 | $474 | 0.8 mi |
F 4915 Tyrone Avenue 234 Sold | $613,000 | 2 | 2 | 1,323 | $463 | 0.7 mi |
G 4487 Colbath Active | $449,000 List Price | 1 | 1 | 941 | $477 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1962, this condo has undergone significant and tasteful upgrades, including a remodeled kitchen with granite countertops, tile backsplash, and modern appliances. Key systems like the HVAC and windows are new and energy-efficient. While the bathroom style and popcorn ceilings are not ultra-modern, the property is move-in ready with major components updated and well-maintained, aligning with a 'Good' condition score.
Elementary School: Warner Avenue Elementary School (9/10).
Unbeatable Sherman Oaks location, moments from Ventura Boulevard's shops, dining, and lifestyle, with easy access to the 101 Freeway, DTLA, major studios, Burbank Airport, and LAX.
The condo features tasteful upgrades throughout, including a remodeled kitchen with granite countertops, full tile backsplash, ample cabinetry, included appliances, laminate flooring, and plantation shutters.
The association fee of $598.0 per month is relatively high and adds a significant recurring cost to homeownership.
Built in 1962, the building is over 60 years old, which, despite unit upgrades, may imply older common area infrastructure or potential for future special assessments.
While the community offers a pool and spa, the description does not mention a private balcony or patio for the unit, which some buyers may desire.
Fantastic Sherman Oaks location just moments from the shops, dining, and lifestyle Ventura Boulevard is known for. This single-level, two-bedroom condo is nestled in a quiet, well-maintained 30-unit building and offers generous, well-designed living space within walking distance to Ventura Blvd. The home features tasteful upgrades throughout, including a remodeled kitchen with granite countertops, full tile backsplash, ample wood cabinetry, and included refrigerator, stove, and microwave. Laminate flooring enhances the entry, living room, and hallway, while plantation shutters and abundant natural light highlight the expansive living area. Additional upgrades include a new energy-efficient HVAC system and all new dual-pane windows. Both bedrooms are equipped with ceiling fans for added comfort. Outside, enjoy the convenience of two side-by-side parking spaces with storage, plus an additional private storage closet. The beautifully maintained common areas offer a sparkling pool and spa with ample deck space for relaxing and soaking up the sun. Key highlights include the unbeatable location near Ventura Blvd and the 101 Freeway, excellent interior condition, exceptional parking and storage, and easy access to DTLA, major studios, Burbank Airport (BUR), and LAX.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,017 | 1,301 | 18% |
| Lot Size | - | 19,031 | 4% |
| Price | $499.9K | $631.5K | 14% |
| Price per sq ft | $492 | $509 | 43% |
| Built year | 1962 | 1975 | 11% |
| HOA | $598.0 | $602 | 50% |
| Days on market | 90 | 168 | 25% |
Mar 31, 2026
$499,900
$525,000
-5% Price Drop
Initial Listing
Feb 11, 2026
$525,000
$539,000
-3% Price Drop
Initial Listing
Jan 22, 2026
$539,000
Initial Listing