
Sherman Oaks, California 91401
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned slightly above the $637,604 Fair Market Value. While requiring a full interior renovation, the unit features a Large 2-car garage, cathedral ceilings, and resort-style amenities including two pools and a gym. With a Condition Rating of 5, this asset is primed for a strategic value-add renovation to modernize the kitchen and baths. This is a fixer-upper acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a prestigious Sherman Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5455 Sylmar Avenue 2103 Subject | $575,000 | 2 | 3 | 1,228 | $519 | - |
A 5455 Sylmar 1402 Active | $749,900 List Price | 2 | 3 | 1,228 | $611 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old) and explicitly marketed twice as a 'fixer opportunity,' this property likely requires a full rehab of the kitchen and bathrooms to be functional and modern, fitting the criteria for a property needing significant renovation.
Situated in a prestigious Sherman Oaks gated community, the property offers resort-style amenities including two pools, a gym, and a clubhouse, all within minutes of Ventura Blvd and the Sherman Oaks Galleria.
The unit boasts cathedral ceilings, a custom skylight, and an abundance of natural light, creating an airy and spacious atmosphere that significantly enhances the living area's aesthetic value.
Features a large two-car garage with direct access, laundry hookups, and space for a future EV charger, providing a level of convenience and security rarely found in standard townhouse living.
Explicitly marketed as a fixer opportunity, the property requires significant renovation and capital investment to address its current state and reach modern market standards.
At $665 per month, the association fees are relatively high, which may impact the overall monthly affordability and debt-to-income ratio for prospective buyers.
Fixer bring you vison and contractors. Drive by only for now. Come see this rare opportunity to own a luxurious townhouse located in a prestigious Sherman Oaks gated community. This is a fixer opportunity with a larger Primary Suite and second Bedroom with bath located on the top floor with some precious views. Enjoy the abundance of natural light streaming through a custom sky light with a downstairs living room, cozy fireplace and cathedral ceilings. Open kitchen with quaint balcony access. Inside the Large 2-car garage with direct access, there is washer/dryer hookups and room for future high voltage EV Charger. The complex has 2 pools and spa areas and also this complex has a gym with latest equipment, and a clubhouse. There is lots of visitor parking available. This unit is close to all: Ralph's market, and many restaurants, and just minutes away from Sherman Oaks Park, Sherman Oaks Galleria and Ventura Blvd. Sold AS IS. Make offer subject to interior inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,228 | 1,345 | 33% |
| Lot Size | 72,009 | 49,593 | 50% |
| Price | $575.0K | $599.5K | 33% |
| Price per sq ft | $468 | $468 | 50% |
| Built year | 1989 | 1985 | 50% |
| HOA | $665.0 | $490 | 67% |
| Days on market | 0 | 187 | 33% |
May 21, 2026
$650,000
Initial Listing
Mar 18, 2005
$429,000
Public Record
Apr 8, 2002
$235,000
Public Record