5139 Hazeltine, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

5139 Hazeltine, Sherman Oaks, California 91423 home-pic-0

5139 Hazeltine

Sherman Oaks, California 91423

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,723Sq Ft
7,042Lot Size

Property Price

LIST PRICE$1,139,950
EST. MARKET VALUE
$1,139,950

SUMMARY

Analysis of 5139 Hazeltine, Sherman Oaks, California 91423 reveals a Fairly Priced Property with a current list price of $1,139,950  aligned with the estimated $1,139,950 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$1,139,950
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5139 Hazeltine
Subject
$1,139,950*
List Price
321,723$662-
A
5042 Stern Avenue
Sold
$1,150,000321,985$5790.4 mi
B
4542 Stansbury Avenue
Sold
$1,100,000421,408$7810.7 mi
C
13905 Milbank Street
Sold
$1,295,000221,648$7860.8 mi
D
4854 Ranchito Avenue
Sold
$1,276,000321,920$6650.5 mi
E
4846 Katherine Avenue
Sold
$1,208,000421,782$6780.4 mi
F
13607 Huston Street
Active
$1,299,992
List Price
321,668$7790.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1952, this property is explicitly described as requiring 'some updates' and is 'offered as-is,' with AI analysis noting 'Requires Extensive Updates.' The images confirm this, showing a severely outdated kitchen with original-style wood cabinets, worn laminate countertops, old linoleum flooring, and floral wallpaper. Bathrooms feature dated vanities, tile, and wallpaper, with one including a walk-in tub that, while potentially an accessibility update, does not modernize the aesthetic. Throughout the home, there is old carpeting, wood paneling, and popcorn ceilings. While the description mentions 'solid construction,' the visible condition of key areas like the kitchen and bathrooms, combined with the age of the home, indicates that substantial repairs and rehabilitation are needed to bring it to current standards, aligning with the 'poor' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7042, living area = 1723.

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Prime Sherman Oaks Location

    Situated in the heart of Sherman Oaks, offering convenient access to Ventura Boulevard, top-rated schools, and fine dining in a highly desirable neighborhood.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Requires Extensive Updates

    The property explicitly 'requires some updates' to modernize, suggesting significant renovation costs and effort for the new owner.

  • Sold in As-Is Condition

    Offered 'as-is,' implying the seller will not undertake repairs, placing the responsibility and potential expense of necessary improvements on the buyer.

About 5139 Hazeltine

Exceptional Opportunity in Sherman Oaks: Classic 1952 Traditional Home Unbeatable Value and Prime Location UNBEATABLE VALUE! HUGE PRICE ENHANCEMENT - MOTIVATED SELLER – OPPORTUNITY KNOCKS! This is your chance to own a timeless Sherman Oaks traditional home, offered for the first time in over 50 years. Located in the heart of Sherman Oaks, this charming 1952 residence presents a rare opportunity to experience classic Southern California living. Endless Possibilities for Customization While the property requires some updates, it offers the perfect foundation for you to personalize and modernize according to your preferences. With solid construction, neighbors only on one side, and an attractive price, this home provides the chance to add significant value and enjoy long-term rewards. It is an ideal prospect for buyers who seek both potential and promise. Home Features • Single-story layout with three spacious bedrooms and two bathrooms • Inviting living room and an expansive family room featuring a cozy fireplace adjacent to the kitchen • Dedicated laundry room for added convenience • Backyard with a pool, perfect for relaxation and entertaining guests • Low-maintenance brick and rock hardscaping in the backyard • Generous lot size with a detached garage Potential for Renovation and Expansion Set on a spacious lot, this property offers excellent potential for renovation or expansion. With your creativity, the home can be transformed to match your unique vision and lifestyle. Coveted Neighborhood and Convenient Amenities Enjoy an outstanding location just minutes from Ventura Boulevard, top-rated schools, and some of the area’s finest dining. Located within one of the San Fernando Valley’s most desirable neighborhoods, this home is offered as-is, making it a remarkable opportunity for both discerning homeowners and savvy investors to unlock its true potential. Don’t Miss Out This hidden gem is a rare find—opportunities like this seldom arise. Act now before it’s gone!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
7,042 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sherman Oaks Unified Schools

Kester Avenue Elementary School

Grades K-5 • 1.0 mi

9/10

Erwin Elementary School

Grades K-5 • 1.6 mi

6/10

John B. Monlux Elementary School

Grades K-5 • 2.1 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
48%
Baths2.03.0
34%
Square foot1,7232,222
22%
Lot Size7,0427,419.5
35%
Price$1.14M$1.76M
3%
Price per sq ft$662$813
23%
Built year19521951
52%
HOA$0$0
50%
Days on market88158
15%

Pricing History

Listed for Sale

Feb 11, 2026

$1,139,950

$1,213,500

-6% Price Drop

Initial Listing

Price Change

Jan 24, 2026

$1,213,500

$1,273,500

-5% Price Drop

Initial Listing

Price Change

Dec 8, 2025

$1,273,500

Initial Listing

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