5449 Woodman Avenue, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 7 bed, 6 bath
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Sherman Oaks, California 91401
Analysis of 5449 Woodman Avenue, Sherman Oaks, California 91401 is currently available with a list price of $2,785,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old and falls into the 'Fair' category as it is over 20 years old without mention of recent major renovations. While well-maintained and functional, the interior finishes like the tile flooring and tray ceilings are dated, and the description's mention of 'huge potential' suggests a need for modern updates to kitchens and baths.
The property features a substantial 3,900 sqft main house plus a detached 1,100 sqft ADU, offering exceptional flexibility for multi-generational living or high-yield rental income.
Situated on a rare 15,392 sqft lot, the grounds include a large pool and BBQ area, providing a private resort-like atmosphere in a highly desirable Sherman Oaks location.
Currently leased to a treatment center for a significant amount, this property offers an immediate and stable cash flow for investors seeking a turnkey residential income asset.
The existing lease to a treatment center may complicate immediate owner-occupancy and could necessitate interior cosmetic updates to transition the space back to a traditional family residence.
Despite the premium price point and large lot size, the property lacks the hillside or panoramic views often sought after by luxury buyers in the Sherman Oaks area.
Nestled in highly desirable Sherman oaks area of San Fernando Valley sits this magnificent House. Built in year 2000, the property consists of approx. 3900 sqft front house which has 5 bedrooms, 4 bathrooms and the rear ADU is approximately 1100 sqft and is a 2 bedroom 1 bathroom, very open floor-plan. The main House opens up to Beautiful hallway area and staircase with open spaces and high ceilings. The backyard opens up to very large size pool and bbq area. The ADU can potentially be separated by a fence. The property has a huge potential! it is currently Leased to a treatment center for a good amount rent. Please call the Broker for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 67% |
| Baths | 6.0 | 0.0 | 67% |
| Square foot | 5,081 | 5,081 | 50% |
| Lot Size | 15,392 | 6,725 | 67% |
| Price | $2.79M | $1.55M | 67% |
| Price per sq ft | $548 | $490 | 67% |
| Built year | 2000 | 1966 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 202 | 33% |
May 25, 2026
$2,785,000
Initial Listing
Sep 18, 2023
$2,450,000
Public Record
Mar 7, 2014
$990,000
Public Record
Jun 24, 2010
$1,000
Public Record
Jan 6, 2010
$1,000
Public Record
Dec 16, 2009
$1,000
Public Record