
Sherman Oaks, California 91423
This Spacious Fashion Square Residence is a Strong Value Opportunity, listed at $1,399,950—positioned well below the $1,495,000 Fair Market Value by 6%. This valuation gap offers $95,050 in Instant Equity. The home features an updated kitchen and a Condition Score of 2, situated on an expansive 13,539-square-foot lot near Kester Avenue Elementary (9/10). With a multi-purpose studio, gated privacy, and a private patio, it balances immediate lifestyle with significant development upside. This is an ideal acquisition for Owner-Occupants or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4731 Tyrone Avenue Subject | $1,349,950* List Price | 3 | 2 | 1,831 | $809 | - |
A 4719 Tyrone Sold | $1,275,000 | 3 | 2 | 1,754 | $727 | 0.0 mi |
B 4148 Camino De La Cumbre Pending | $1,595,000 List Price | 3 | 3 | 2,002 | $797 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone an extensive recent renovation with high-quality modern finishes. The kitchen is fully updated with a farmhouse sink, stainless steel double ovens, shaker cabinetry, and subway tile backsplash. The interior features new wide-plank flooring, recessed lighting, modern barn doors, and updated fixtures throughout, making it move-in ready and aligned with current design trends.
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.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Fashion Square District, the property offers exceptional walkability to premier amenities including Westfield Fashion Square, Trader Joe’s, and top-tier institutions like Notre Dame High School.
Despite an updated kitchen, the 1960s construction and overall description suggest the home requires further capital investment to bring all systems and finishes up to modern luxury standards.
The property record indicates no significant views, which may be a competitive disadvantage compared to other high-end Sherman Oaks properties that offer hillside or canyon vistas.
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.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,831 | 2,305 | 30% |
| Lot Size | 13,539 | 7,496 | 90% |
| Price | $1.35M | $1.72M | 21% |
| Price per sq ft | $737 | $814 | 28% |
| Built year | 1960 | 1951 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 177 | 8% |
Apr 9, 2026
$1,349,950
$1,399,950
-4% Price Drop
Initial Listing
Mar 14, 2026
$1,399,950
$1,495,000
-6% Price Drop
Initial Listing
Feb 27, 2026
$1,495,000
Initial Listing
Jun 9, 2004
$700,000
Public Record
Oct 31, 2003
$650,000
Public Record