
Sherman Oaks, California 91423
This Turnkey Townhome is a Strong Value Opportunity, listed at $524,900—positioned slightly above the $521,884 Fair Market Value. While priced at market, the property offers exceptional stability in a prime location within the Dixie Canyon Community Charter boundaries. Featuring a Condition Rating of 3, the unit includes a modern kitchen, private rooftop deck, and two side-by-side parking spaces. With the rare flexibility to add in-unit laundry, this residence is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready lifestyle in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4511 Murietta Avenue 8 Subject | $524,900* List Price | 2 | 2 | 943 | $553 | - |
A 4536 Colbath Avenue 102 Active | $495,000 List Price | 1 | 1 | 924 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property has been thoughtfully updated with a modern kitchen featuring shaker cabinets, stone countertops, and stainless steel appliances. With refreshed bathrooms and contemporary laminate flooring throughout, the unit is in move-in ready condition, consistent with a 5-15 year renovation cycle.
Elementary School: Warner Avenue Elementary School (9/10).
The property is situated within the highly coveted Dixie Canyon Community Charter elementary school boundaries and offers immediate access to Ventura Boulevard’s vibrant dining and shopping scene.
Rare for this price point, the townhome features two distinct outdoor areas: a private patio for seamless indoor-outdoor flow and a rooftop deck with views of the hills and neighborhood.
With only 943 square feet of living space, the two-bedroom layout may feel restrictive for buyers seeking larger common areas or more spacious bedrooms.
The $540 monthly HOA fee is relatively high for a smaller 16-unit complex that lacks common luxury amenities such as a pool, spa, or fitness center.
Welcome to this thoughtfully updated townhome, ideally situated in a quaint 16-unit community in the heart of Sherman Oaks and within the boundaries of highly rated Dixie Canyon Community Charter elementary school. This two-bedroom, one-and-a-half-bath residence offers a comfortable two-story layout with an inviting sense of space and an abundance of natural light. The main level features a spacious living area that flows naturally into the adjacent dining space and updated kitchen, creating an easy setting for both everyday living and entertaining. A convenient powder room serves the main level, while sliding glass doors extend the living space to a private patio, adding a peaceful outdoor area just beyond the main living areas. Upstairs, two well-proportioned bedrooms provide comfortable private quarters, complemented by ample closet space and a refreshed full bathroom. For an added dose of outdoor living, the private rooftop deck offers a versatile spot for morning coffee, evening cocktails, or simply enjoying the Southern California climate. A community laundry room provides added convenience, while the HOA also allows owners to install laundry hookups in the unit’s downstairs closet. The gated community also provides secure garage parking, and the unit includes two side-by-side spaces. Ideally located near the energy of Ventura Boulevard, residents are close to an array of restaurants, cafés, shops, and neighborhood conveniences, with Westfield Fashion Square and nearby parks adding to the appeal. Convenient access to the 101 is complemented by nearby connections to the 405 and 170, making it easy to navigate throughout the San Fernando Valley and beyond.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 3.0 |
| Square foot | 943 | 1,562.375 |
| Lot Size | 13,592 | 74,405 |
| Price | $524.9K | $765.5K |
| Price per sq ft | $557 | $513 |
| Built year | 1986 | 1979 |
| HOA | $540.0 | $676 |
| Days on market | 15 | 71 |
Aug 25, 2026
$524,900
Initial Listing