
Sherman Oaks, California 91401
This California Contemporary Residence is a Strong Value Opportunity, listed at $1,075,000—positioned well below the $1,112,413 Fair Market Value by 3%. This valuation gap offers $37,413 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile Detached En Suite Studio. Located in the Erwin Elementary School District, this property is an ideal fit for Owner-Occupants seeking lifestyle flexibility or first-time buyers prioritizing location and school quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5539 Buffalo Avenue Subject | $1,075,000* List Price | 3 | 3 | 1,616 | $688 | - |
A 14412 Collins Sold | $1,050,000 | 4 | 2 | 1,473 | $713 | 1.0 mi |
B 5450 Nagle Avenue Sold | $1,215,000 | 3 | 3 | 1,571 | $773 | 0.4 mi |
C 5232 Woodman Avenue Sold | $1,220,000 | 3 | 2 | 1,767 | $690 | 0.4 mi |
D 5544 Colbath Sold | $1,200,000 | 3 | 2 | 1,477 | $812 | 0.3 mi |
E 14362 Collins St Sold | $1,345,000 | 3 | 2 | 1,561 | $862 | 0.9 mi |
F 14156 Califa Sold | $1,100,000 | 3 | 2 | 1,488 | $739 | 0.8 mi |
G 5211 Allott Avenue Active Under Contract | $1,225,000 List Price | 3 | 2 | 1,723 | $711 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1940, the property has undergone significant renovations likely within the 10-15 year range. The kitchen features granite countertops and stainless appliances, and the bathrooms are finished in travertine. The home is well-maintained and move-in ready with updated systems like recessed lighting and central HVAC.
The property features a 374 sq.ft. detached en suite studio with a kitchenette, providing a highly flexible space for a home office, guest house, or creative retreat that adds significant functional value.
Situated in a desirable Sherman Oaks neighborhood, the home is located within the coveted Erwin Elementary School District (rated 9/10) and is moments away from major parks, shopping, and dining.
The open-concept interior is enhanced by glass atrium doors that lead to an expansive covered patio, creating a seamless transition for al fresco dining and entertaining in the Southern California climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1616, other record living area = 1177.
Built in 1940, the property may possess aging underlying systems or structural elements typical of its era that could require more maintenance than a modern construction.
The main house footprint is relatively small at 1,242 sq.ft. for a two-bedroom layout, which may feel restrictive for buyers who prefer all primary living spaces and bedrooms under a single roof.
Presenting a cool, California Contemporary in prime Sherman Oaks; an idyllic tree lined community and wonderful place to call home! The gated exterior presentation of this well maintained residence is picture perfect with a lush fusion of natural stone and greenery. Inside, the floor plan flows with ease, designed for easy, relaxed living and entertaining ideal for today's modern lifestyle. Blending open space with stylish details, the primary living areas become one in light and comfort. Wood floors grace the living areas. Recessed lighting glows throughout. Travertine baths feature fine lighting, fixtures and finishes. The kitchen is an open concept culinary center where style, form and function unite for the at home chef. Artfully adorned with gleaming granite countertops and an array of stainless steel appliances. Opening to dining area, it becomes the perfect gathering place for friend and family gatherings. Glass atrium doors bring the outdoors in and give way to an expansive covered patio perfect for the Southern California lifestyle of relaxed al fresco leisure. Enhancing the flexibility of the property to meet a variety of lifestyles, a fantastic detached en suite studio with kitchenette adds a valuable and versatile dimension, perfect for a home office, creative space, guest suite or fitness retreat. Ideally located in the coveted Erwin Elementary School District (Rated 9 out 10 on GreatSchools.org!) and just moments from the beloved Sherman Oaks Rec Center and Hazeltine Park, LA Valley College, the Galleria, and all the best of what Sherman Oaks has to offer. Private, gated, and full of charm, the home presents a wonderful opportunity to enjoy comfortable, connected living in one of the Valley's most desirable neighborhoods. Welcome! NOTE: Main house: 2 + 2 with 1,242sq.ft. Detached en suite studio with 374 sq.ft.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,616 | 1,822 | 41% |
| Lot Size | 6,000 | 6,759 | 18% |
| Price | $1.07M | $1.31M | 28% |
| Price per sq ft | $665 | $726 | 34% |
| Built year | 1940 | 1951 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 113 | 3% |
May 20, 2026
$1,075,000
Initial Listing
Oct 30, 2014
$589,000
Public Record
Jul 2, 2009
$405,000
Public Record
Sep 27, 2006
$740,000
Public Record
Feb 9, 2006
$610,000
Public Record