5050 Coldwater Canyon Avenue 306, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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Sherman Oaks, California 91423
This Spacious Contemporary Condominium is listed at $599,000, offering exceptional stability as it aligns perfectly with its $599,000 Fair Market Value. Boasting a Condition Rating of 4, the 1,344-square-foot residence features an enormous living room with an office alcove, an open kitchen with newer appliances, and the rare convenience of in-unit laundry. Residents enjoy a sparkling pool, gym, and sauna within a tranquil complex in the heart of Sherman Oaks. This move-in-ready home is a premier choice for first-time buyers or Owner-Occupants seeking a lifestyle-focused urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5050 Coldwater Canyon Avenue 306 Subject | $599,000* List Price | 2 | 2 | 1,344 | $446 | - |
A 5055 Coldwater Canyon Avenue 217 Sold | $503,000 | 3 | 2 | 1,063 | $473 | 0.1 mi |
B 5107 Coldwater Canyon Avenue 13 Sold | $775,000 | 2 | 3 | 1,489 | $520 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the condo shows signs of regular upkeep and some updates, such as newer kitchen appliances, fresh paint, and seemingly new carpet. However, the kitchen features dated tile countertops and flooring, and the bathrooms, while clean, also have older-style vanities and tile work. It is move-in ready and functional, but many components show signs of being outdated, requiring minor updates to achieve a modern aesthetic.
Centrally located in desirable Sherman Oaks, offering convenient access to numerous restaurants and shops, enhancing lifestyle and potential appreciation.
The condo boasts a very spacious and bright layout, including an enormous living room with an alcove suitable for an office or exercise area, and large master and second bedrooms.
Features an open kitchen with newer appliances and custom track lighting, alongside the highly desirable convenience of in-unit laundry.
The property has undergone substantial price reductions from its original list price of $690,000 to $599,000, which may indicate initial overpricing or market resistance.
A monthly association fee of $500 is a notable ongoing expense that could impact affordability and buyer interest.
Built in 1966, the building's age, despite unit updates, could imply potential for older common area systems, higher maintenance costs for the HOA, or lack of certain modern infrastructure features.
Very spacious and bright condo with a contemporary feel. Centrally located in desirable Sherman Oaks and close to many restaurants and shops. Separate dining room, open kitchen with newer appliances and custom track lighting. An absolutely enormous living room that offers many options for furniture placement and an alcove for an office, exercise area etc. Large master suite and second bedroom. In unit laundry and a nice sized balcony. Located in a clean and tranquil complex offers sparkling pool, gym and sauna.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,344 | 1,314.5 | 57% |
| Lot Size | 31,779 | 21,441.5 | 68% |
| Price | $599.0K | $631.5K | 39% |
| Price per sq ft | $446 | $509 | 7% |
| Built year | 1966 | 1975 | 29% |
| HOA | $500.0 | $598 | 21% |
| Days on market | 341 | 179 | 0% |
Dec 11, 2025
$599,000
$625,000
-4% Price Drop
Initial Listing
Aug 8, 2025
$625,000
Initial Listing
May 16, 2025
$690,000
Initial Listing