
Sherman Oaks, California 91423
This Turnkey Top-Floor Condo is a Strong Value Opportunity, listed at $598,000—positioned well below the $646,747 Fair Market Value by 7%. This valuation gap offers $48,747 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit boasts a modern quartz kitchen, motorized shades, and a private balcony with distant mountain views. Located near top-rated schools like Kester Avenue Elementary, this residence is an ideal fit for Owner-Occupants seeking a lifestyle-focused home or first-time buyers prioritizing convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5055 Coldwater Canyon Avenue 219 Subject | $598,000* List Price | 3 | 2 | 1,244 | $520 | - |
A 5009 Woodman Avenue 113 Sold | $650,000 | 3 | 2 | 1,252 | $519 | 1.0 mi |
B 5107 Coldwater Canyon Avenue 13 Sold | $775,000 | 2 | 3 | 1,489 | $520 | 0.0 mi |
C 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 new construction or fully renovated.
Although built in 1973, the unit has undergone a comprehensive modern renovation within the last 5 years. It features a reimagined kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms with contemporary vanities and tile work, and upgraded systems including a new electrical panel and recessed lighting.
Elementary School: Warner Avenue Elementary School (9/10).
As a top-floor corner unit, this home maximizes natural light and privacy, complemented by high-end renovations including a quartz kitchen, motorized shades, and an updated electrical panel.
Situated in a highly desirable pocket of Sherman Oaks, residents enjoy immediate access to premier shopping at Westfield Fashion Square and luxury grocers like Erewhon and Whole Foods.
The property includes two tandem parking spaces, which can be a daily logistical inconvenience for multi-car households compared to side-by-side parking.
The $610 monthly HOA fee is relatively high, especially considering it does not include electricity, gas, or cable, which must be paid separately by the owner.
Experience effortless living in this beautifully remodeled TOP FLOOR CORNER UNIT condo in Sherman Oaks. Filled with natural light, the home offers an open, airy layout with spacious rooms and plentiful storage throughout. The reimagined kitchen features sleek quartz countertops and stainless steel appliances, flowing into inviting living and dining areas that open to a private balcony, perfect for morning coffee or unwinding at the end of the day. The Primary Suite provides a peaceful retreat with custom closet organization and an en-suite bath, while two additional bedrooms offer flexibility for family members, roommates, guests or a home office/gym. Thoughtful upgrades include recessed lighting, motorized shades in living room and primary suite, and an updated electrical panel. Set within a secure, dog-friendly community with a pool, gym, rec room and attractive courtyard, residents also benefit from the option to install in-unit laundry with HOA approval. Two tandem parking spaces and ample guest parking add convenience. Owners pay for cable, electricity, and gas separately from HOA dues. Conveniently located in Sherman Oaks, this residence offers close proximity to shopping and dining along Ventura Boulevard, including Westfield Fashion Square and Sherman Oaks Galleria. Grocery and daily conveniences are easily accessible with Whole Foods Market, Erewhon, Ralphs, and Trader Joe's nearby, along with a variety of retail, fitness, and lifestyle amenities.
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 | 3.0 | 2.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,244 | 1,331.5 | 35% |
| Lot Size | 42,725 | 18,345.5 | 73% |
| Price | $598.0K | $682.0K | 35% |
| Price per sq ft | $481 | $509 | 46% |
| Built year | 1973 | 1979 | 42% |
| HOA | $610.0 | $618 | 46% |
| Days on market | 15 | 164 | 4% |
May 22, 2026
$598,000
Initial Listing
Apr 29, 2022
$725,000
Public Record
Mar 31, 2020
$450,000
Public Record
May 23, 1996
$75,000
Public Record