5455 Sylmar Avenue 501, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 3 bed, 3 bath
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Sherman Oaks, California 91401
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at $699,975—positioned well above the $649,722 Fair Market Value by -7%. While the property carries a Fair Condition Rating due to its 1989 build date, it offers a spacious 1,377 sqft layout within a secure, gated community featuring a community pool. The property’s prime Sherman Oaks location provides significant lifestyle appeal, though the $661 monthly HOA fee warrants careful financial consideration. This listing is best suited for Value-Add Investors or Owner-Occupants seeking a project to modernize.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5455 Sylmar Avenue 501 Subject | $699,975* List Price | 3 | 3 | 1,377 | $472 | - |
A 14144 Burbank Boulevard 2 Sold | $579,000 | 2 | 3 | 1,240 | $467 | 0.3 mi |
B 5455 Sylmar 1402 Active | $749,900 List Price | 2 | 3 | 1,228 | $611 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is dated. While the interior shows some cosmetic updates like laminate flooring and fresh paint, the age of the structure and likely original or older kitchen/bath fixtures place it in the 'Fair' category, requiring minor repairs or modern updates to meet current market standards.
Situated in a highly sought-after Sherman Oaks neighborhood, the property offers convenient access to premium shopping, dining, and entertainment options.
This 1,377 sqft townhouse features a desirable 3-bedroom, 2.5-bath configuration with an open, light-filled floor plan that maximizes living space.
Located within a secure gated community, residents benefit from enhanced privacy and access to a well-maintained community pool and lush surroundings.
The monthly HOA fee of $661.20 is significant and may affect the overall monthly carrying costs for potential buyers.
With 83 days on the market, the property has exceeded the typical selling period for the area, which may lead to concerns regarding its initial pricing strategy.
Beautiful and spacious 3-bedroom, 2.5-bath townhouse located in prime Sherman Oaks. Filled with natural light, this inviting home offers an open and airy layout with generously sized living spaces and lush tree-lined views. Nestled in a gated community, residents enjoy added privacy and access to a community pool. Ideally located near shopping, dining, and entertainment, this home combines comfort, convenience, and a desirable lifestyle in one of Sherman Oaks' most sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,377 | 1,450 | 40% |
| Lot Size | 101,582 | 27,177 | 80% |
| Price | $700.0K | $700.0K | 50% |
| Price per sq ft | $508 | $508 | 50% |
| Built year | 1989 | 1981 | 60% |
| HOA | $661.2 | $480 | 80% |
| Days on market | 93 | 187 | 20% |
Mar 5, 2026
$699,975
Initial Listing
May 26, 2010
$392,500
Public Record