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4955 Woodman Avenue, Los Angeles, California 91423, Los Angeles, 91423 - 3 bed, 3 bath

4955 Woodman Avenue, Los Angeles, California 91423 home-pic-0
ACTIVE$1,795,000$1,888/sqft
Est. Value: $1,690,444
-5%
AboveEstimate
4955 Woodman Avenue, Los Angeles, California 91423
3Beds
3Baths
1,888Sqft
7,755Lot

Price Vs. Estimate

The estimated value ($1,690,443.89) is $104,556.11 (5%) lower than the list price ($1,795,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7755, living area = 1888.
Top Cons:
As-Is Condition: The property is offered 'as-is,' which may deter buyers seeking seller-provided repairs or warranties, despite the extensive renovations already completed.

Compared to the nearby listings

Price:$1.79M vs avg $1.80M ($-100)50%
Size:1,888 sqft vs avg 2,329 sqft35%
Price/sqft:$951 vs avg $81479%

More Insights

Built in 1946 (80 years old).
Condition: This property has undergone an extensive, permitted 'down to the studs' renovation, effectively making it a brand-new home. All major systems (electrical, plumbing, HVAC, roof, AC, water heater) are new, and all visible components, including the kitchen with new stainless steel appliances, modern cabinetry, and quartz countertops, and the bathrooms with contemporary vanities and fixtures, are new or virtually new, meeting current quality standards with no deferred maintenance. The new hardwood flooring throughout and the newly resurfaced pool further solidify its excellent condition.
Year Built
1946
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$951
HOA
-
Days on market
-
Sold On
-
MLS number
25630755
Home ConditionExcellent
Features
ViewCourtyard

About this home

Welcome to this corner-lot gem in the heart of Sherman Oaks, where prime location, modern updates, and future potential come together. This inviting 3-bedroom home has been thoughtfully remodeled from top to bottom, featuring a beautifully updated kitchen and laundry room that provide a strong foundation for comfortable, move-in-ready living.Set on a generously sized lot, the private backyard boasts a sparkling, newly resurfaced pool never used and ready for summer Valley days. A detached garage offers endless possibilities, whether you're housing a sports car, creating a home studio, or converting it into an ADU for added value or income potential.Recent upgrades include brand-new appliances, flooring, stucco, roof, AC system, garage door, and all interior and exterior doors making this home truly turnkey. Whether you envision a modern retreat, an expanded family home, or a value-add investment, this property delivers flexibility and opportunity in one of the Valley's most desirable neighborhoods.Ideally located just minutes from Ventura Boulevard, you'll enjoy easy access to top-rated schools, popular restaurants, shopping, and everyday conveniences, all while being tucked away in a quiet residential pocket. Offered as-is, this is a rare opportunity to move right in and enjoy the best of Sherman Oaks living. At this price this house wont last long. This property is brand new, was taken down to studs and rebuilt, all electrical, new panel box, new tankless water heater, new HVAC.... permitted edition 480 Sq/Ft. newly remodeld garage and glass garage double door.

T
Tony Sadeghini
Listing Agent
Condition Rating
Excellent
This property has undergone an extensive, permitted 'down to the studs' renovation, effectively making it a brand-new home. All major systems (electrical, plumbing, HVAC, roof, AC, water heater) are new, and all visible components, including the kitchen with new stainless steel appliances, modern cabinetry, and quartz countertops, and the bathrooms with contemporary vanities and fixtures, are new or virtually new, meeting current quality standards with no deferred maintenance. The new hardwood flooring throughout and the newly resurfaced pool further solidify its excellent condition.
Pros & Cons

Pros

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 = 7755, living area = 1888.
Prime Sherman Oaks Location: This corner-lot gem is ideally located in the heart of Sherman Oaks, just minutes from Ventura Boulevard, offering easy access to top-rated schools, popular restaurants, shopping, and everyday conveniences within a quiet residential pocket.
Extensive, Permitted Renovation & Turnkey: The home has been thoughtfully remodeled from top to bottom, 'taken down to studs and rebuilt,' including new electrical, plumbing, HVAC, roof, stucco, appliances, and a 480 sqft permitted addition, making it truly move-in ready.
ADU Potential with Detached Garage: A versatile detached garage offers significant value-add or income potential through conversion into an Accessory Dwelling Unit (ADU), home studio, or dedicated storage space.
Private Backyard with New Pool: Set on a generously sized lot, the private backyard boasts a sparkling, newly resurfaced pool, never used and ready for immediate enjoyment, enhancing the property's lifestyle appeal.
Modern Systems & Infrastructure: Recent upgrades include a brand-new AC system, new tankless water heater, new electrical panel, and updated interior/exterior doors, ensuring efficiency, comfort, and peace of mind for years to come.

Cons

As-Is Condition: The property is offered 'as-is,' which may deter buyers seeking seller-provided repairs or warranties, despite the extensive renovations already completed.
Potential for Increased Property Taxes: Significant recent renovations and a permitted addition will likely lead to a reassessment of the property's value, potentially resulting in higher property taxes for the new owner.
Limited View: While the property has a view, it is specified as 'Courtyard,' which may not offer the expansive or desirable scenic vistas often sought in high-value Los Angeles properties.
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