4647 Willis Avenue 220, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 2 bed, 2 bath
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4647 Willis Avenue 220
Sherman Oaks, California 91403
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,295Sq Ft
65,849Lot Size
Property Price
LIST PRICE$565,000
EST. MARKET VALUE
$577,094
SUMMARY
This Spacious 2-Bedroom Condominium represents a Strong Value Opportunity, listed at $565,000—positioned well below the $588,158 Fair Market Value by 4%. This valuation gap offers $23,158 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern Quartz countertops and a wet-bar, complemented by building amenities like a swimming pool and spa. Ideally located near Ventura Boulevard, this residence is perfect for Owner-Occupants seeking a lifestyle-focused home or first-time buyers prioritizing location.
Estimated Market Value
$577,094
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4647 Willis Avenue 220 Subject | $565,000* List Price | 2 | 2 | 1,295 | $446 | - |
A 4637 Willis 208 Sold | $589,000 | 2 | 2 | 1,177 | $500 | 0.0 mi |
B 4637 Willis 110 Sold | $563,500 | 2 | 2 | 1,177 | $479 | 0.0 mi |
C 15457 Moorpark Street 3 Sold | $535,000 | 2 | 2 | 1,084 | $494 | 0.8 mi |
D 15325 Magnolia Boulevard 103 Sold | $575,000 | 2 | 2 | 1,392 | $413 | 0.9 mi |
E 15457 Moorpark Street 1 Sold | $586,000 | 3 | 2 | 1,287 | $455 | 0.8 mi |
F 4724 Kester Avenue 209 Sold | $650,000 | 2 | 2 | 1,200 | $542 | 0.1 mi |
G 15231 Magnolia 221 Sold | $585,000 | 2 | 2 | 1,184 | $494 | 0.9 mi |
H 4700 Natick Avenue 104 Sold | $410,000 | 1 | 1 | 925 | $443 | 0.1 mi |
I 4637 Willis Avenue 306 Active | $647,999 List Price | 2 | 2 | 1,216 | $533 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1964, the unit has undergone significant cosmetic updates including quartz countertops, LED lighting, and fresh paint. The interior is well-maintained and move-in ready, though some elements like the bathroom vanity and cabinetry style reflect an older era that has been refreshed rather than fully replaced.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated just steps from Ventura Boulevard and the Sherman Oaks Galleria, the property offers exceptional access to premier dining, shopping, and major freeway arteries like the 101 and 405.
- Spacious Modernized Interior
Boasting nearly 1,300 square feet of sun-filled living space, the unit features contemporary upgrades including quartz countertops, LED lighting, and a dedicated wet bar for entertaining.
- Comprehensive Building Amenities
The residence provides a resort-like lifestyle with access to a sparkling swimming pool, spa, recreation room, and convenient elevator access, adding significant lifestyle value.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $631 per month is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Aging Infrastructure
Built in 1964, the building may lack the modern energy-efficient features of newer developments and could potentially require more frequent maintenance of common areas and systems.
About 4647 Willis Avenue 220
Owner Will carry the loan at a 1/4 percentage point LESS than banks!! And there are No loan fees!! None! Also, bring your washer and dryer and owner will install them !! A real winner !! The additional beauty of our Willis Ave home is its centrality. Everything is close by: stroll outside and Ventura Boulevard is right in front of you with its endless collection of restaurants, cafés, boutiques, markets, shops and everyday conveniences (including Whole Foods and the newly rebuilt Pavilion.) We’re steps to Sherman Village where you can find anything you need from yoga to yogurt... We're yards to The popular Sherman Oaks Galleria. We enjoy easy access to the 101 and 405 freeways - to the Westside, UCLA, and the rest of West L.A. Equally inviting is this sun-filled 2-bedroom, 2-baths where natural light pours-in and brightens a cheerful interior & creates an uplifting atmosphere and positive energy. Among our features are Quartz counter tops, a wet-bar (perfect for entertaining!) L.E.D. lights and much closet space. We enjoy a long list of amenities, including a swimmers' POOL, SPA, Recreation Room and Elevator access. In a city that often asks you to choose between convenience, comfort, and location, this home offers all three.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 65,849 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $631.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,295 | 1,281 |
| Lot Size | 65,849 | 30,405.448 |
| Price | $565.0K | $637.6K |
| Price per sq ft | $436 | $491 |
| Built year | 1964 | 1974 |
| HOA | $631.0 | $535 |
| Days on market | 39 | 53 |
Pricing History
Listed for Sale
Aug 1, 2026
$565,000
Initial Listing
Sold
Mar 7, 2023
$600,000
Public Record
Sold
Oct 16, 2020
$480,000
Public Record