4501 Cedros 338, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 1 bed, 1 bath

4501 Cedros 338
Sherman Oaks, California 91403
Property Price
SUMMARY
Analysis of 4501 Cedros 338, Sherman Oaks, California 91403 is currently available with a list price of $439,950. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although the building was constructed in 1971, the unit itself underwent an extensive 2025 renovation, placing it in the 'excellent' category. The interior features brand-new kitchen appliances, new quartz countertops, waterproof luxury vinyl flooring, new carpets, and a fully remodeled bathroom with modern fixtures. The property is in turn-key condition with contemporary designer paint and updated baseboards, meeting the criteria for a recently fully renovated residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated just one block from Ventura Boulevard in Sherman Oaks Village, this property offers exceptional walkability to acclaimed restaurants and local amenities, providing a vibrant urban lifestyle.
- Modern Turn-Key Upgrades
The residence features extensive 2025 renovations, including new quartz countertops, luxury vinyl flooring, brand-new appliances, and a remodeled bathroom, ensuring a move-in-ready experience for the buyer.
- Comprehensive HOA Value
The monthly association fee provides significant value by including high-cost items such as earthquake insurance and Spectrum internet, alongside access to a pool, gym, and gated subterranean parking.
CONSRISKS & DEFICIENCIES
- Aging Building Infrastructure
Constructed in 1971, the building's overall infrastructure and common elements may require more frequent maintenance or lack the modern architectural standards of newer developments.
- Market Traction Concerns
The listing history shows multiple price reductions since its initial debut, which may suggest a challenge in aligning the property's value with current buyer expectations in a competitive market.
About 4501 Cedros 338
Welcome home to this beautifully reimagined and turn-key residence! Priced BELOW market value and positioned to SELL QUICKLY, this light-filled one-bedroom condo in Sherman Oaks Village—just one block from Ventura Blvd—is a must-see. Fully move-in ready: come experience it in person and bring your BEST OFFER. Enjoy walkable access to acclaimed restaurants like Anajak Thai and Daisy, offering the perfect blend of comfort and vibrant neighborhood living. The open-concept kitchen features new quartz countertops and brand-new appliances, seamlessly connecting to a bright, north-facing living room. A large sliding glass door leads to your private balcony with neighborhood and distant mountain views. 2025 UPGRADES INCLUDE: Waterproof luxury vinyl flooring in the kitchen/bath; new carpet and baseboards throughout; fresh designer paint; and a renovated bathroom with a new quartz vanity and modern fixtures. In-unit washer/dryer hookups are conveniently located in the hallway closet. BUILDING HIGHLIGHTS: Gated subterranean assigned convenient parking, guest parking within the security gate, and elevator access. Community amenities include a pool, clubhouse, billiards, BBQ area, and gym. HOA FEES INCLUDE: Water, trash, earthquake insurance, Spectrum Internet, and building termite maintenance (tented July 2024). This is the only multifamily residence on a quiet street, offering rare privacy in one of Sherman Oaks’ most walkable locations. Don’t miss out!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 83,258 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $466.0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Van Nuys Middle School
Grades 6-8 • 1.1 mi
Van Nuys Senior High School
Grades 9-12 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 16% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 698 | 1,476 | 6% |
| Lot Size | 83,258 | 25,791 | 84% |
| Price | $439.9K | $624.0K | 3% |
| Price per sq ft | $630 | $486 | 84% |
| Built year | 1971 | 1975 | 25% |
| HOA | $466.0 | $604 | 9% |
| Days on market | 57 | 157 | 6% |
Pricing History
Listed for Sale
Feb 21, 2026
$439,950
$449,950
-2% Price Drop
Initial Listing
Price Change
Feb 10, 2026
$449,950
$460,000
-2% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$460,000
$465,000
-1% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$465,000
Initial Listing
Sold
Dec 12, 1997
$63,500
Public Record

































