5055 Coldwater Canyon Avenue 105, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 2 bed, 2 bath
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5055 Coldwater Canyon Avenue 105
Sherman Oaks, California 91423
ACTIVE
CONDITION: GOOD
2Beds
2Baths
973Sq Ft
42,725Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$499,000
SUMMARY
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.
Estimated Market Value
$499,000
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 Coldwater Canyon Avenue 105 Subject | $499,000* List Price | 2 | 2 | 973 | $513 | - |
A 5050 Coldwater Canyon 102 Sold | $625,000 | 2 | 2 | 1,260 | $496 | 0.1 mi |
B 5055 Coldwater Canyon Avenue 217 Sold | $503,000 | 3 | 2 | 1,063 | $473 | 0.0 mi |
C 12940 Riverside Drive 101 Sold | $458,888 | 2 | 2 | 1,090 | $421 | 0.4 mi |
D 13331 Moorpark St #119 Sold | $640,000 | 2 | 2 | 1,319 | $485 | 1.0 mi |
E 4859 Coldwater Canyon 12 Active | $599,000 List Price | 2 | 2 | 936 | $640 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prime Lifestyle Location
Situated in the heart of Sherman Oaks, the property offers exceptional walkability to premier destinations like Ventura Boulevard, Erewhon, and Equinox.
- Functional Floor Plan
The 973-square-foot layout features a desirable open-concept living area and a private primary suite, maximizing both comfort and utility.
CONSRISKS & DEFICIENCIES
- High Monthly HOA
The $585 monthly association fee represents a significant ongoing expense that may impact the overall affordability for some buyers.
- Dated Building Age
Constructed in 1973, the building may require more frequent maintenance or lack the modern amenities and energy-efficient features found in newer constructions.
About 5055 Coldwater Canyon Avenue 105
Welcome to turnkey living in the heart of Sherman Oaks! This beautifully maintained and fully renovated 2 bedroom, 2 bathroom condo offers approximately 973 square feet of bright, thoughtfully designed living space. Step inside to an inviting open concept floor plan featuring a spacious living room filled with natural light, a dedicated dining area, and a beautifully updated kitchen with ample cabinetry and storage. Both bedrooms are generously sized with abundant closet space, while the primary suite offers a peaceful retreat with its own private bathroom. Located within a secure, dog friendly community, residents enjoy access to a sparkling pool, fitness center, recreation room, and convenient app operated laundry facilities. The new owner may also have the option to install an in unit washer and dryer with HOA approval. Two gated tandem parking spaces and ample guest parking provide added convenience. Just moments from Ventura Boulevard, Whole Foods, Erewhon, Equinox, popular restaurants, trendy cafés, shopping, and entertainment, with easy access to the 101 Freeway, this home offers the perfect combination of modern comfort and an unbeatable Sherman Oaks lifestyle. Don’t miss the opportunity to make this beautifully renovated condo your own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 42,725 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $585.0 / Month
Neighborhood Insights
Sherman Oaks Unified Schools
John B. Monlux Elementary School
Grades K-5 • 1.3 mi
6/10
Erwin Elementary School
Grades K-5 • 1.5 mi
6/10
Kester Avenue Elementary School
Grades K-5 • 2.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 973 | 1,281 |
| Lot Size | 42,725 | 30,405.448 |
| Price | $499.0K | $637.6K |
| Price per sq ft | $513 | $491 |
| Built year | 1973 | 1974 |
| HOA | $585.0 | $535 |
| Days on market | 110 | 53 |
Pricing History
Listed for Sale
Aug 25, 2026
$499,000
$510,000
-2% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$510,000
$517,500
-1% Price Drop
Initial Listing
Price Change
May 22, 2026
$517,500
Initial Listing
Sold
Jun 5, 2013
$270,000
Public Record
Sold
Oct 24, 2008
$215,000
Public Record
Sold
Jan 14, 2005
$325,000
Public Record
Sold
Aug 27, 2002
$205,000
Public Record
Sold
May 5, 2000
$114,000
Public Record