4501 Cedros Avenue 206, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 2 bed, 2 bath
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Sherman Oaks, California 91403
This Turnkey Condominium represents a Strong Value Opportunity, listed at $699,000—positioned well below the $707,323 Fair Market Value by 1%. This valuation gap offers $8,323 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end European cabinetry and luxury flooring, this residence offers a premium lifestyle near Ventura Boulevard. While the HOA fees are notable, the community amenities and move-in-ready status make this an ideal acquisition for Owner-Occupants or first-time buyers seeking convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4501 Cedros Avenue 206 Subject | $699,000* List Price | 2 | 2 | 1,445 | $489 | - |
A 14844 Dickens 301 Sold | $849,000 | 2 | 2 | 1,516 | $560 | 0.3 mi |
B 4542 Willis Avenue 103 Sold | $713,600 | 3 | 2 | 1,489 | $479 | 0.1 mi |
C 14521 Benefit Street 106 Sold | $805,000 | 2 | 2 | 1,799 | $447 | 0.3 mi |
D 4619 Kester Avenue 16 Sold | $710,000 | 2 | 2 | 1,545 | $460 | 0.3 mi |
E 4637 Willis 110 Sold | $563,500 | 2 | 2 | 1,177 | $479 | 0.2 mi |
F 5115 Kester Sold | $540,000 | 2 | 2 | 1,493 | $362 | 0.8 mi |
G 14844 Dickens 308 Sold | $725,000 | 2 | 2 | 1,516 | $478 | 0.3 mi |
H 14521 Benefit 207 Active | $799,000 List Price | 2 | 2 | 1,744 | $458 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern European cabinetry, quartz countertops, and high-grade stainless appliances, while the bathrooms have been fully updated with new vanities and fixtures. With fresh paint and new luxury vinyl flooring, the unit is in mint, move-in-ready condition.
Situated in the heart of Sherman Oaks, the property offers exceptional walkability to the vibrant shopping, dining, and entertainment options along Ventura Boulevard.
The residence features a fully remodeled kitchen with European-style cabinetry and quartz countertops, along with updated bathrooms and fresh flooring, ensuring a move-in-ready experience.
At 1,445 square feet, this condo provides a significantly larger living area than typical two-bedroom units in the area, complemented by the convenience of an in-unit washer and dryer.
The association fee of $620 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
The property is zoned for schools with lower performance ratings, particularly the middle school with a rating of 2, which could be a drawback for families prioritizing educational rankings.
Ideally situated in the heart of Sherman Oaks, this beautifully updated residence offers the perfect blend of style, comfort, and convenience moments from the exceptional shopping, dining, cafes, and entertainment along vibrant Ventura Boulevard. Located within a well-maintained Country Club community featuring a heated pool, picnic & BBQ area, fitness room & onsite manager. This move-in ready condo boasts a spacious living room, dining area, full size stackable washer/dryer. The remodeled kitchen showcases chic European-style cabinetry, sleek quartz countertops, high-grade stainless steel appliances, a built-in microwave, and updated light fixtures. Fresh new paint & plush carpeting and luxury vinyl flooring create a warm yet contemporary feel throughout the living spaces. The updated bathrooms feature stylish new vanities, modern fixtures, and a clean, refined design. With its prime walkable location, tasteful renovations, and welcoming community amenities, this exceptional Sherman Oaks residence is an outstanding opportunity to enjoy comfort and convenience in one of the Valley's most desirable neighborhoods. Tandem parking spaces 175/176. HOA includes Cable/Internet, Water, Trash & Earthquake insurance.
No exterior & parking available.
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,445 | 1,252 |
| Lot Size | 83,258 | 39,742 |
| Price | $699.0K | $651.1K |
| Price per sq ft | $484 | $487 |
| Built year | 1971 | 1971 |
| HOA | $620.0 | $525 |
| Days on market | 14 | 62 |
Jul 8, 2026
$699,000
Initial Listing
Aug 11, 2009
$410,000
Public Record
Nov 17, 1999
$176,000
Public Record
Aug 18, 1997
$125,000
Public Record