5517 Willis Avenue, Sherman Oaks, California 91411, Sherman Oaks, 91411 - 3 bed, 1 bath
ACTIVE$1,195,000
5517 Willis Avenue, Sherman Oaks, California 91411
3Beds
1Bath
1,140Sqft
7,428Lot
Price Vs. Estimate
The estimated value ($1,130,708.415) is $64,291.585 (5%) lower than the list price ($1,195,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Located in a desirable Sherman Oaks neighborhood, offering convenient access to amenities and transportation.
Top Cons:
Needs TLC: The property requires significant renovation and updating, potentially incurring additional costs.
Compared to the nearby listings
Price:$1.20M vs avg $1.14M (+$57,250)58%
Size:1,140 sqft vs avg 1,432.5 sqft17%
Price/sqft:$1.0K vs avg $74592%
More Insights
Built in 1951 (74 years old).
Condition: The property was built in 1951 and requires TLC. The kitchen and bathroom are likely outdated. While the solar panels are a plus, the overall condition suggests it needs updates but has been maintained to some degree. The description mentions 'needs TLC' and 'AS IS' sale, indicating it's not in excellent or good condition.
Year Built
1951
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,048
HOA
-
Days on market
-
Sold On
-
MLS number
25519169
Home ConditionFair
Features
Pool
Patio
View-
About this home
Attention all developers, investors, end users this single family home in prime location Sherman oaks conveniently located near award winning kester elementary school one level with 3 bd, 1ba, needs TLC, solar panels on Roof all paid for by owner sitting on large 7500 Sf Land with swimming pool good size backyard lots room for expansions including 2 car garage potential ADU's with private entrance from the side of the house near 101& 405 freeway must see house will be sold (AS IS) all developers, investors or anyone looking for add on value send your offer with POF won't last !!
Condition Rating
Fair
The property was built in 1951 and requires TLC. The kitchen and bathroom are likely outdated. While the solar panels are a plus, the overall condition suggests it needs updates but has been maintained to some degree. The description mentions 'needs TLC' and 'AS IS' sale, indicating it's not in excellent or good condition.
Pros & Cons
Pros
Prime Location: Located in a desirable Sherman Oaks neighborhood, offering convenient access to amenities and transportation.
Large Lot Size: The property sits on a sizable 7,500 sqft lot, providing ample space for expansion, ADU potential, and outdoor activities.
Solar Panels: The property includes solar panels that are fully paid for, offering potential energy savings.
Cons
Needs TLC: The property requires significant renovation and updating, potentially incurring additional costs.
As-Is Condition: The property is being sold in 'as-is' condition, meaning the buyer will be responsible for all repairs and improvements.