5252 Coldwater Canyon Avenue 214, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 3 bed, 2 bath
ACTIVE$629,000
5252 Coldwater Canyon Avenue 214, Sherman Oaks, California 91401
3Beds
2Baths
1,258Sqft
41,005Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Sherman Oaks Location: Situated in a highly desirable and convenient Sherman Oaks neighborhood, offering strong value for both owner-occupants and investors.
Top Cons:
High HOA Dues: The monthly association fee of $655.0 is substantial and can significantly impact overall affordability and investment returns.
Compared to the nearby listings
Price:$629.0K vs avg $614.0K (+$15,000)50%
Size:1,258 sqft vs avg 1,237 sqft50%
Price/sqft:$500 vs avg $50740%
More Insights
Built in 1974 (51 years old).
Condition: Built in 1974, this property shows its age despite some updates. The kitchen features granite countertops and a new stove, but the cabinets, microwave, refrigerator, and fluorescent lighting are dated. While one bathroom shower has been nicely updated with modern tile, the overall unit's flooring and light fixtures are functional but not contemporary. A significant drawback is the lack of central air conditioning, which would require a major upgrade for modern comfort. The property is clean and well-maintained but requires further updates to meet current aesthetic and comfort standards.
Year Built
1974
Close
-
List price
$629K
Original List price
$629K
Price/Sqft
$500
HOA
$655
Days on market
-
Sold On
-
MLS number
25623655
Home ConditionFair
Features
Good View: None
Deck
Pool
Patio
View-
About this home
Amazing value opportunity with this 3bd/2ba top floor unit in desirable Sherman Oaks. Unit features an open living/dining space that flows to an updated kitchen with a brand new stove. Enjoy views of the mountains and trees from your living room. 3 large bedrooms with loads of closet space. 2 different outdoor balconies and just over 1250sft of living space, make this a great value play for the owner-occupant and investor alike. HOA dues and community include earthquake insurance, water, secured parking, newer roof, newly painted exterior, newly redone rec/storage room and fitness room, and a sparkling pool. Convenient and desirable location, this is unbeatable value for a 3bd unit in Sherman Oaks.
Nearby schools
6/10
Ulysses S. Grant Senior High School
Public,•9-12•0.8mi
Price History
Date
Event
Price
07/31/00
Sold
$144,500
Condition Rating
Fair
Built in 1974, this property shows its age despite some updates. The kitchen features granite countertops and a new stove, but the cabinets, microwave, refrigerator, and fluorescent lighting are dated. While one bathroom shower has been nicely updated with modern tile, the overall unit's flooring and light fixtures are functional but not contemporary. A significant drawback is the lack of central air conditioning, which would require a major upgrade for modern comfort. The property is clean and well-maintained but requires further updates to meet current aesthetic and comfort standards.
Pros & Cons
Pros
Prime Sherman Oaks Location: Situated in a highly desirable and convenient Sherman Oaks neighborhood, offering strong value for both owner-occupants and investors.
Generous Living Space & Layout: A spacious 3-bedroom, 2-bathroom top-floor unit spanning over 1250 sqft, featuring an open living/dining area and large bedrooms with ample closet space.
Comprehensive HOA & Amenities: Well-managed HOA includes earthquake insurance, water, secured parking, and recently updated common areas like a new roof, painted exterior, renovated rec/fitness rooms, and a sparkling pool.
Private Balconies & Scenic Views: The unit boasts two private outdoor balconies and offers pleasant views of mountains and trees from the living room.
Updated Kitchen: Features an updated kitchen with a brand new stove, contributing to a modern and functional living space.
Cons
High HOA Dues: The monthly association fee of $655.0 is substantial and can significantly impact overall affordability and investment returns.
Building Age: Built in 1974, while common areas are updated, the unit's internal systems (e.g., plumbing, electrical) may be original or older, potentially requiring future maintenance or upgrades.
Lack of Central Cooling System: The property description does not mention a central cooling system, which could be a significant drawback during warmer months in Southern California.