
Sherman Oaks, California 91423
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,797,925 Fair Market Value by 5%. This valuation gap provides $102,925 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Detached ADU, Paid-Off Solar Panels, and a Sparkling Pool. Located in the prestigious Fashion Square neighborhood, it offers a blend of modern luxury and lifestyle convenience. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or Investors looking for a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4954 Mammoth Avenue Subject | $1,695,000* List Price | 4 | 3 | 2,259 | $796 | - |
A 5036 Matilija Avenue Sold | $1,730,000 | 4 | 3 | 2,267 | $763 | 0.1 mi |
B 5036 Matilija Sold | $1,785,000 | 3 | 3 | 2,246 | $795 | 0.1 mi |
C 4621 Allott Avenue Sold | $1,915,000 | 4 | 3 | 1,990 | $962 | 0.5 mi |
D 5107 Matilija Avenue Sold | $1,875,000 | 4 | 4 | 2,461 | $762 | 0.2 mi |
E 5106 Ranchito Avenue Sold | $1,550,000 | 3 | 2 | 1,857 | $835 | 0.2 mi |
F 13854 Valleyheart Drive Sold | $1,520,000 | 3 | 2 | 1,713 | $887 | 0.5 mi |
G 5121 Colbath Avenue Sold | $1,700,000 | 4 | 3 | 2,425 | $701 | 0.3 mi |
H 4631 Buffalo Avenue Sold | $1,310,000 | 3 | 3 | 2,166 | $605 | 0.4 mi |
I 4955 Woodman Avenue Active | $1,595,000 List Price | 3 | 3 | 1,888 | $845 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1946, the property has undergone comprehensive modern renovations. The kitchen features updated cabinetry and stainless steel appliances, while the bathrooms showcase contemporary floating vanities and high-end tile work consistent with a recent remodel (<5 years). Significant system upgrades include fully paid-off solar panels and recessed lighting throughout. The addition of a detached ADU and the pristine condition of the hardwood floors and pool area indicate a high level of maintenance and modern appeal.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a detached one-bedroom ADU with a private entrance, providing excellent versatility for rental income, multi-generational living, or a private home office.
Equipped with fully paid-off solar panels, the home offers significant long-term utility savings and appeals to environmentally conscious buyers.
While the area features high-performing elementary schools, the assigned middle school has a significantly lower rating, which may be a drawback for families.
The current list price of $1.695M is notably lower than the 2022 sale price of $1.85M, suggesting the property has faced challenges in maintaining its peak valuation.
Nestled in the prestigious Fashion Square neighborhood of Sherman Oaks, this Cape Cod-style residence blends timeless character with thoughtful modern updates. The main home features three bedrooms and two bathrooms, showcasing beamed ceilings, recessed lighting, hardwood floors, plantation shutters, and fully paid-off solar panels for enhanced energy efficiency. Designed for both comfortable everyday living and effortless entertaining, the contemporary floor plan seamlessly connects the living, family, and dining areas. A beautiful bay window fills the space with natural light, while the inviting fireplace creates a warm and welcoming atmosphere. Completing this exceptional property is a detached one-bedroom ADU with its own private entrance and three-quarter bathroom, offering flexibility for guests, extended family, or additional living space. Outside, the sparkling pool creates the perfect setting to relax, entertain, and embrace the quintessential Southern California lifestyle. Ideally situated just moments from Ventura Boulevard, this home offers convenient access to Trader Joe's, the Westfield Fashion Square mall, fine dining, and entertainment. Enjoy close proximity to the Van Nuys Sherman Oaks park and recreation center and well-regarded local schools. This is a rare opportunity to own a truly exceptional property in one of Sherman Oaks' most desirable locations.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,259 | 2,301.595 |
| Lot Size | 7,801 | 7,836.892 |
| Price | $1.70M | $1.78M |
| Price per sq ft | $750 | $827 |
| Built year | 1946 | 1954 |
| HOA | $0 | $170 |
| Days on market | 64 | 58 |
Jul 7, 2026
$1,695,000
Initial Listing
Aug 12, 2022
$1,850,000
Public Record
Dec 10, 2014
$1,000,000
Public Record
Jun 17, 2011
$775,000
Public Record
Apr 4, 2011
$475,000
Public Record