5514 Woodman Avenue, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 2 bed, 3 bath
ACTIVE$850,000
5514 Woodman Avenue, Sherman Oaks, California 91401
2Beds
3Baths
1,099Sqft
3,302Lot
Price Vs. Estimate
The estimated value ($790,912.06) is $59,087.94 (6%) lower than the list price ($850,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Recent Upgrades: The property boasts recent upgrades throughout, including the roof, floors, baths, electrical, and washer/dryer, significantly reducing immediate maintenance concerns for a new owner.
Top Cons:
Compact Size for Single-Family Home: With 1099 sqft of living space and a 3302 sqft lot, the property is on the smaller side for a single-family residence in Sherman Oaks, potentially limiting its appeal to buyers seeking more expansive living or yard space.
Compared to the nearby listings
Price:$850.0K vs avg $1.30M ($-450,000)5%
Size:1,099 sqft vs avg 1,947 sqft7%
Price/sqft:$773 vs avg $70068%
More Insights
Built in 1948 (77 years old).
Condition: Despite being built in 1948, this property has undergone extensive and recent renovations, as explicitly stated in the description ('recent upgrades throughout, including the roof, floors, baths, electrical, and washer/dryer'). The images confirm a virtually new interior with a modern gourmet kitchen featuring white shaker cabinets, granite countertops, and stainless steel appliances. The bathrooms are also fully updated, with one showcasing a contemporary glass shower enclosure, large format tiles, and modern fixtures. Hardwood flooring and updated lighting are present throughout the main living areas and bedrooms. While central air conditioning is not explicitly mentioned and might be absent, the comprehensive nature of the other recent upgrades brings the property's condition to an excellent standard, meeting current quality and aesthetic expectations.
Year Built
1948
Close
-
List price
$850K
Original List price
$985K
Price/Sqft
$773
HOA
-
Days on market
-
Sold On
-
MLS number
25559607
Home ConditionExcellent
Features
Patio
View-
About this home
Chic Sherman Oaks Charmer! MOTIVATED SELLER! Gated, private, and full of character, this 2 bed / 3 bath single-level home offers style and comfort in the heart of Sherman Oaks. A sun-drenched open layout with soaring ceilings features an oversized living room and sleek fireplace, perfect for relaxing or entertaining. The gourmet kitchen shines with stainless steel appliances, granite counters, and flows seamlessly into the dining area and bonus room, ideal for an office, gym, or playroom. Both bedrooms are en-suite, plus there's a guest bath. Step outside to your own entertainer's paradise with a brand-new pergola, firepit, and private yard. Detached garage with ADU potential and recent upgrades throughout, including the roof, floors, baths, electrical, and washer/dryer. A perfect condo alternative or first home
Condition Rating
Excellent
Despite being built in 1948, this property has undergone extensive and recent renovations, as explicitly stated in the description ('recent upgrades throughout, including the roof, floors, baths, electrical, and washer/dryer'). The images confirm a virtually new interior with a modern gourmet kitchen featuring white shaker cabinets, granite countertops, and stainless steel appliances. The bathrooms are also fully updated, with one showcasing a contemporary glass shower enclosure, large format tiles, and modern fixtures. Hardwood flooring and updated lighting are present throughout the main living areas and bedrooms. While central air conditioning is not explicitly mentioned and might be absent, the comprehensive nature of the other recent upgrades brings the property's condition to an excellent standard, meeting current quality and aesthetic expectations.
Pros & Cons
Pros
Extensive Recent Upgrades: The property boasts recent upgrades throughout, including the roof, floors, baths, electrical, and washer/dryer, significantly reducing immediate maintenance concerns for a new owner.
ADU Potential: The detached garage offers excellent Accessory Dwelling Unit (ADU) potential, providing an opportunity for future income generation or expanded living space.
Modern & Stylish Interior: Featuring a sun-drenched open layout with soaring ceilings, an oversized living room, and a gourmet kitchen with stainless steel appliances and granite counters, the home offers contemporary appeal.
Exceptional Outdoor Entertainment Space: The private yard is an entertainer's paradise, complete with a brand-new pergola and firepit, perfect for outdoor gatherings and relaxation.
Motivated Seller & Significant Price Adjustment: The 'MOTIVATED SELLER' status and multiple price reductions from $985,000 to $850,000 present a strong buying opportunity and potential for negotiation.
Cons
Compact Size for Single-Family Home: With 1099 sqft of living space and a 3302 sqft lot, the property is on the smaller side for a single-family residence in Sherman Oaks, potentially limiting its appeal to buyers seeking more expansive living or yard space.
Multiple Price Reductions: The history of significant price drops could suggest initial overpricing or perceived market resistance, potentially raising questions for buyers about the property's true value or any unstated drawbacks.
Likely Absence of Central Air Conditioning: Given the 1948 build year and no explicit mention of central air conditioning among the recent upgrades, it is probable the property lacks this amenity, which could be a significant comfort concern in the Southern California climate.