4731 Tyrone Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

4731 Tyrone Avenue
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 4731 Tyrone Avenue, Sherman Oaks, California 91423 reveals a property with a current list price of $1,495,000, which is 6% above the estimated $1,397,335 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4731 Tyrone Avenue Subject | $1,495,000* List Price | 3 | 2 | 1,831 | $763 | - |
A 5042 Stern Avenue Sold | $1,150,000 | 3 | 2 | 1,985 | $579 | 0.7 mi |
B 4148 Camino De La Cumbre Active | $1,595,000 List Price | 3 | 3 | 2,002 | $797 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, the property is well-maintained but shows significant signs of age. While the kitchen is described as 'updated' and features a functional layout with a breakfast nook, the overall interior styling, including the flooring, two-sided fireplace, and light fixtures, reflects an older era. The listing's heavy emphasis on 'development potential,' 'investors,' and 'reimagining the residence' indicates that the home, while livable, requires modernization and minor repairs to meet current luxury standards for the Sherman Oaks Fashion Square neighborhood.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13539, living area = 1831.
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prime Fashion Square Location
Situated in the highly coveted Fashion Square District, this property offers exceptional walkability to premier amenities including Westfield Fashion Square, Trader Joe’s, and prestigious institutions like Notre Dame High School.
CONSRISKS & DEFICIENCIES
- Modernization Needs
Despite an updated kitchen, the 1960s construction and overall description suggest the home requires significant further investment or a complete overhaul to meet the standards of modern luxury buyers.
- Underperforming Local Public Schools
While the area is known for elite private schools, the assigned public middle school carries a low rating, which may be a concern for families prioritizing the public school system.
About 4731 Tyrone Avenue
Set back from the street, gated & secluded this sprawling 13,539-square-foot lot offers exceptional privacy in one of Sherman Oaks most coveted neighborhoods—the Fashion Square District. The home features a spacious living room with French doors and a cozy two-sided fireplace shared with the formal dining room. A convenient pass-through counter connects the dining room to the updated kitchen, which includes a charming breakfast nook. Three generously sized bedrooms and two bathrooms provide comfortable accommodations for family and guests, along with a dedicated laundry room featuring its own sink and ample storage. The private backyard is surrounded by mature landscaping and features a patio ideal for relaxing or entertaining. Additional highlights include a multi-purpose room at the rear of the home—perfect for a home office, creative studio, or artist’s retreat—an attached two-car garage, and abundant potential throughout. This property presents a rare opportunity for developers, investors, or buyers seeking to create a custom dream home, whether by developing the land or reimagining the existing residence. Ideally located within walking distance to premier neighborhood amenities, including Trader Joe’s, Westfield Fashion Square Mall, parks, and popular restaurants. The property is also within walking distance to Notre Dame High School and conveniently close to prestigious private schools such as Buckley School, Harvard-Westlake School, and St. Francis de Sales School. Bring your vision and unlock the full potential of this exceptional property—an outstanding opportunity to create a truly special home in a prime location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 13,539 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
Kester Avenue Elementary School
Grades K-5 • 1.0 mi
Erwin Elementary School
Grades K-5 • 2.1 mi
John B. Monlux Elementary School
Grades K-5 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,831 | 2,222 | 30% |
| Lot Size | 13,539 | 7,425.5 | 90% |
| Price | $1.50M | $1.76M | 23% |
| Price per sq ft | $816 | $814 | 52% |
| Built year | 1960 | 1951 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 158 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,495,000
Initial Listing
Sold
Jun 9, 2004
$700,000
Public Record
Sold
Oct 31, 2003
$650,000
Public Record




































































