4901 Ethel Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 3 bath
4901 Ethel Avenue
Sherman Oaks, California 91423
Property Price
SUMMARY
Analysis of 4901 Ethel Avenue, Sherman Oaks, California 91423 reveals a property with a current list price of $1,799,800, which is 3% above the estimated $1,734,321 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 4901 Ethel Avenue Subject | $1,799,800* List Price | 3 | 3 | 1,811 | $958 | - |
A 13128 Hartsook Street Sold | $2,175,000 | 3 | 3 | 1,876 | $1,159 | 0.3 mi |
B 13530 Morrison Sold | $1,495,000 | 3 | 3 | 1,747 | $856 | 0.5 mi |
C 4637 Nagle Avenue Sold | $1,680,000 | 3 | 3 | 2,107 | $797 | 0.4 mi |
D 4838 Coldwater Canyon Avenue Sold | $1,550,000 | 3 | 2 | 1,559 | $994 | 0.3 mi |
E 4640 Mary Ellen Avenue Sold | $1,725,000 | 3 | 3 | 2,163 | $798 | 0.3 mi |
F 4545 Allott Ave Sold | $1,655,000 | 3 | 3 | 1,790 | $925 | 0.7 mi |
G 13360 Magnolia Active | $1,649,000 List Price | 3 | 3 | 1,898 | $869 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1952, this Mellenthin ranch has undergone an extensive recent renovation within the last few years. The property features a modern chef's kitchen with soft-close cabinetry and granite countertops, designer-remodeled bathrooms, wide-plank wood flooring, and updated electrical systems including an EV-ready setup and recessed lighting. The interior and exterior, including the pool and landscaping, appear to be in pristine, move-in-ready condition with high-end finishes.
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 = 7379, living area = 1811.
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Iconic Architecture & Modern Upgrades
This classic Mellenthin 'Birdhouse' ranch seamlessly blends midcentury character with high-end contemporary finishes, including a chef’s kitchen, wide plank wood flooring, and designer-remodeled bathrooms.
CONSRISKS & DEFICIENCIES
- Inconsistent School Ratings
While the area features some high-performing elementary schools, the assigned middle school has a significantly lower rating, which may be a concern for families prioritizing education.
- Premium Price Point
The listing price reflects a significant appreciation since its 2023 sale, positioning the home at a high price-per-square-foot that may challenge appraisal values in a fluctuating market.
About 4901 Ethel Avenue
Welcome to this beautifully updated single family Mellenthin "Birdhouse" ranch in prime Sherman Oaks, blending timeless midcentury charm with thoughtful modern upgrades. This 3 bedroom, 3 bathroom home offers 1,811 sqft of living space on a spacious 7,377 sqft lot, featuring two fireplaces, custom plantation shutters, recessed lighting, and wide plank wood flooring throughout. The chef’s kitchen boasts granite countertops, stainless steel appliances, and soft close cabinetry, while the sunlit dining area includes a bay window perfect for entertaining. The inviting family room opens to a private backyard with a sparkling pool, custom mural, wood deck, and hanging chair swing. Additional features include updated bathrooms with designer finishes, dual living areas, an indoor laundry room, attached 2 car garage, gated driveway, EV ready setup, and lush landscaping with citrus trees, all in a prime location near Whole Foods, dining, shopping, local parks, with easy access to freeways, schools, and everyday essentials.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 7,379 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
John B. Monlux Elementary School
Grades K-5 • 1.5 mi
Erwin Elementary School
Grades K-5 • 1.7 mi
Kester Avenue Elementary School
Grades K-5 • 2.3 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 | 3.0 | 3.0 | 50% |
| Square foot | 1,811 | 2,222 | 30% |
| Lot Size | 7,379 | 7,419.5 | 48% |
| Price | $1.80M | $1.79M | 50% |
| Price per sq ft | $994 | $814 | 84% |
| Built year | 1952 | 1951 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 158 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,799,800
Initial Listing
Sold
Jun 21, 2023
$1,550,000
Public Record
Sold
Apr 7, 2015
$899,000
Public Record
Sold
Nov 8, 2002
$527,000
Public Record
Sold
Jun 10, 1999
$389,000
Public Record