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

4501 Cedros Avenue 338, Sherman Oaks, California 91403 home-pic-0
ACTIVE$489,000
4501 Cedros Avenue 338, Sherman Oaks, California 91403
1Bed
1Bath
698Sqft
83,258Lot
Year Built
1971
Close
-
List price
$489K
Original List price
$500K
Price/Sqft
$701
HOA
$470.3
Days on market
-
Sold On
-
MLS number
OC25154443
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Deck
Pool
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $489.0K(12th), sqft - 698(8th), beds - 1(12th), baths - 1(16th).

MOTIVATED SELLER – MUST SEE! Experience top-floor living in the heart of Sherman Oaks Village. This beautifully updated, light-filled one-bedroom condo is move-in ready and located in the highly sought-after Country Club Condominiums—just one block from Ventura Blvd. ENJOY walkable access to acclaimed restaurants like Anajak Thai Cuisine, Daisy, and many more, along with the perfect blend of comfort and convenience in one of Sherman Oaks’ most desirable neighborhoods. THE open-concept kitchen and bar feature new QUARTZ countertops and appliances, seamlessly connecting to a bright, north-facing living room. A large sliding glass door opens to a private balcony with neighborhood and distant mountain views. RECENT UPGRADES INCLUDE: Waterproof luxury vinyl flooring in the kitchen, bathroom, and laundry area. New carpet, fresh paint, and updated baseboards in the living room and bedroom. A spacious bedroom with ample storage and a walk-in closet. Renovated bathroom with new quartz vanity, modern sink, updated faucets, and stylish lighting. In-unit washer/dryer hookups are discreetly located in the hallway closet. ADDITIONAL HIGHTLIGHTS: Premium assigned parking in a gated subterranean garage. Ample guest parking within the security gate and abundant street parking. Elevator access and on-site management. Community amenities: pool, clubhouse, billiards, barbecue area, and fully equipped gym. HOA FEES INCLUDE water, trash, insurance, antenna, Spectrum Internet, and two XUMO Stream Boxes. This is the only multifamily residence on the street—offering rare privacy and ample parking for guests. Don’t miss your chance to own in one of Sherman Oaks’ most vibrant and walkable locations.

Nearby schools

2/10
Van Nuys Middle School
Public,6-81.1mi
6/10
Van Nuys Senior High School
Public,9-122.5mi

Price History

Date
Event
Price
11/15/25
Price Change
$489,000-0.6%
10/29/25
Price Change
$492,000-0.6%
09/26/25
Price Change
$495,000-1.0%
07/09/25
Listing
$499,998
Condition Rating
Good

The property, built in 1971, has undergone extensive recent renovations, making it move-in ready. The kitchen features new quartz countertops and appliances, while the bathroom has been renovated with a new quartz vanity, modern sink, updated faucets, and stylish lighting. New luxury vinyl flooring and carpet, along with fresh paint and updated baseboards, contribute to a clean and updated interior. While many components are new or virtually new, the building's age and the classic (rather than ultra-modern) style of the kitchen cabinets prevent it from reaching an 'Excellent' rating. It aligns well with the 'Good' criteria of being extensively renovated within the last 5-15 years and requiring no immediate renovations.
Pros & Cons

Pros

Prime Walkable Location: Situated just one block from Ventura Blvd, offering exceptional walkability to acclaimed restaurants and the vibrant Sherman Oaks Village.
Extensive Recent Renovations: The condo is move-in ready with significant recent upgrades including new quartz countertops, appliances, luxury vinyl flooring, fresh paint, and a fully renovated bathroom.
Comprehensive Community Amenities: Residents benefit from a wide array of amenities such as a pool, clubhouse, billiards, barbecue area, fully equipped gym, elevator access, and on-site management.
Inclusive HOA Package: The HOA fees cover water, trash, insurance, antenna, Spectrum Internet, and two XUMO Stream Boxes, providing substantial value and reducing additional monthly costs.
Superior Parking & Unique Privacy: Features premium assigned subterranean parking, ample guest parking, and benefits from being the sole multifamily residence on the street, enhancing privacy.

Cons

Building Age: Built in 1971, the building is over 50 years old, which may lead to concerns about aging infrastructure or potential future capital expenditures, despite the unit's recent updates.
History of Price Reductions: The property has experienced multiple price reductions from its original listing, which could suggest an initial overvaluation or a slower market demand, potentially impacting buyer perception.
Higher-End HOA Fees: Despite the comprehensive inclusions, the $470.30 monthly HOA fee is relatively high for a one-bedroom unit, which could be a significant ongoing cost for potential buyers.

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