
Sherman Oaks, California 91423
This Turnkey Condominium represents a Strong Value Opportunity, listed at $517,500—positioned well above the $489,139 Fair Market Value by 5%. While priced slightly above market, the property features a Condition Rating of 3, showcasing modern white shaker cabinets, quartz countertops, and laminate flooring. Located in the heart of Sherman Oaks, this residence offers a Prime Lifestyle Location with walkability to Ventura Boulevard and top-tier amenities. It is an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 Coldwater Canyon Avenue 105 Subject | $517,500* List Price | 2 | 2 | 973 | $503 | - |
A 5055 Coldwater Canyon Avenue 217 Sold | $503,000 | 3 | 2 | 1,063 | $473 | 0.0 mi |
B 4859 Coldwater Canyon Avenue 4 Sold | $556,000 | 2 | 2 | 865 | $643 | 0.2 mi |
C 5009 Woodman Avenue 113 Sold | $650,000 | 3 | 2 | 1,252 | $519 | 1.0 mi |
D 5055 Coldwater Canyon Active | $525,000 List Price | 2 | 2 | 973 | $540 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1973, the unit has undergone a significant renovation likely within the last 5-15 years. The kitchen features modern white shaker cabinets, black hardware, quartz countertops, and a subway tile backsplash. The interior shows well-maintained laminate flooring and neutral paint throughout, presenting as a move-in ready property despite the age of the structure.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the heart of Sherman Oaks, the property offers exceptional walkability to premier destinations like Ventura Boulevard, Erewhon, and Equinox.
The 973-square-foot layout features a desirable open-concept living area and a private primary suite, maximizing both comfort and utility.
The $585 monthly association fee represents a significant ongoing expense that may impact the overall affordability for some buyers.
Constructed in 1973, the building may require more frequent maintenance or lack the modern amenities and energy-efficient features found in newer constructions.
Welcome to this exceptional opportunity to own a beautifully maintained condo in the heart of highly desirable Sherman Oaks! Offering 2 bedrooms, 2 bathrooms, and approximately 973 square feet of thoughtfully designed living space, this residence blends comfort, functionality, and an unbeatable lifestyle location. Step inside to a bright and inviting open-concept floor plan featuring a spacious living area filled with natural light, seamlessly flowing into a dedicated dining space ideal for entertaining or everyday living. The well-appointed kitchen offers ample storage and functionality, creating the perfect setting for preparing meals and gathering with family and friends. Both bedrooms are generously sized with abundant closet space, while the private primary suite provides a peaceful retreat complete with its own en-suite bathroom. Additional highlights include gated tandem parking for two vehicles, offering both convenience and peace of mind. Perfectly situated in one of the Valley’s most sought-after neighborhoods, this prime location places you just moments from Ventura Boulevard’s premier shopping, dining, and entertainment destinations. Enjoy the convenience of being within walking distance to Whole Foods, Erewhon, Equinox, trendy cafes, and popular restaurants, with easy access to the 101 Freeway for seamless commuting. Whether you're a first-time buyer, investor, or someone seeking the ideal blend of urban convenience and neighborhood charm, this is a rare opportunity to experience the very best of Sherman Oaks living!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.5 mi
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 | 973 | 1,331.5 | 15% |
| Lot Size | 42,725 | 18,345.5 | 73% |
| Price | $517.5K | $682.0K | 27% |
| Price per sq ft | $532 | $515 | 73% |
| Built year | 1973 | 1979 | 42% |
| HOA | $585.0 | $618 | 46% |
| Days on market | 15 | 164 | 4% |
May 22, 2026
$517,500
Initial Listing
Jun 5, 2013
$270,000
Public Record
Oct 24, 2008
$215,000
Public Record
Jan 14, 2005
$325,000
Public Record
Aug 27, 2002
$205,000
Public Record
May 5, 2000
$114,000
Public Record