5036 Matilija Avenue, Los Angeles, California 91423, Sherman Oaks, 91423 - 4 bed, 3 bath
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Los Angeles, California 91423
This Mid-Century California Ranch is a Prime Investment Opportunity, listed at $1,725,000—positioned well below the $1,769,714 Fair Market Value by 2%. This valuation gap provides $44,714 in Instant Equity. Boasting a Condition Rating of 3, the home features vaulted wood-beamed ceilings, a sparkling pool, and a detached garage with ADU potential. Located in the coveted Fashion Square neighborhood near the 9/10 rated Warner Avenue Elementary, it offers a blend of classic character and future upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5036 Matilija Avenue Subject | $1,725,000* List Price | 4 | 3 | 2,267 | $781 | - |
A 5121 Colbath Avenue Sold | $1,700,000 | 4 | 3 | 2,425 | $701 | 0.2 mi |
B 5107 Matilija Avenue Sold | $1,875,000 | 4 | 4 | 2,461 | $762 | 0.1 mi |
C 4631 Buffalo Avenue Sold | $1,310,000 | 3 | 3 | 2,166 | $605 | 0.5 mi |
D 5042 Stern Avenue Sold | $1,710,000 | 3 | 2 | 1,985 | $861 | 0.1 mi |
E 13521 Magnolia Boulevard Sold | $1,875,000 | 4 | 3 | 2,305 | $813 | 0.4 mi |
F 4546 Allott Avenue Sold | $1,750,000 | 3 | 2 | 2,130 | $822 | 0.7 mi |
G 4954 Mammoth Avenue Active | $1,899,000 List Price | 4 | 3 | 2,259 | $841 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is exceptionally well-maintained and move-in ready, featuring high-quality original hardwood floors and vaulted wood-beamed ceilings. While the kitchen contains dated elements such as pink tile countertops and older cabinetry, the overall condition is clean and functional. The description notes a spa-inspired primary bathroom and thoughtful updates, placing it firmly in the 'Good' category as a well-preserved home that does not require immediate renovation.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the prestigious Fashion Square neighborhood of Sherman Oaks, the property offers prime proximity to Ventura Boulevard’s premier dining, shopping at Fashion Square Mall, and convenient freeway access.
This Mid-Century ranch features desirable aesthetic elements like vaulted wood-beamed ceilings and original hardwood floors, paired with a functional four-bedroom floor plan that includes two ensuite bathrooms.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1948, the home may require more intensive maintenance or upgrades to its older mechanical and structural systems compared to newer constructions in the area.
While the local elementary and high schools boast high ratings, the closest middle school option has a significantly lower rating, which may be a concern for education-focused buyers.
Welcome to this single-story home in the highly coveted Fashion Square neighborhood of Sherman Oaks. This beautifully maintained Mid-Century California ranch blends timeless charm with thoughtful modern updates, offering the best of Valley living in one of its most sought-after neighborhoods. A welcoming entry opens to a spacious living room anchored by a cozy fireplace, flowing effortlessly into an expansive open-concept living and family area. Featuring vaulted, wood-beamed ceilings, original hardwood floors, custom built-ins, and abundant natural light, the home is designed for both comfort and style. Sliding doors create a seamless indoor-outdoor connection, perfect for quintessential Southern California entertaining. The kitchen is ideal for everyday living complete with ample storage, double ovens, a 4-burner cooktop, and a bright breakfast nook for casual dining. Offering 4 bedrooms and 3 bathrooms--two of them ensuite--the layout provides flexibility and privacy. The primary suite is a true retreat, featuring a walk-in closet and a spa-inspired bathroom with dual sinks, a shower, and a soaking tub. Step outside to a secluded backyard with a covered patio, sparkling pool, and low-maintenance landscaping--perfect for relaxing or entertaining year-round. A grassy front lawn and long driveway lead to a detached garage, presenting excellent potential for an ADU or guest house conversion. Ideally located near Fashion Square Mall, Ventura Boulevard's renowned dining, shopping, and nearby parks, top-rated schools, and convenient freeway access, this exceptional home offers the perfect blend of classic character, modern comfort, and prime location.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,267 | 2,278 | 49% |
| Lot Size | 8,444 | 7,496 | 72% |
| Price | $1.73M | $1.73M | 50% |
| Price per sq ft | $761 | $821 | 30% |
| Built year | 1948 | 1951 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 176 | 1% |
Apr 15, 2026
$1,725,000
Initial Listing