
Sherman Oaks, California 91401
This Traditional Sherman Oaks Residence is listed at $1,145,000, representing a stable market entry relative to its $1,087,698 Fair Market Value. Currently maintaining a Condition Rating of 4, the home offers a well-preserved 1952 structure with a newer HVAC system and a detached 2-car garage featuring significant ADU Potential. The 6,800 sq. ft. lot provides an in-ground spa and gated privacy within the Los Angeles Unified district. This property serves as a strategic value-add opportunity for Owner-Occupants or first-time buyers looking to customize a classic home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5544 Colbath Subject | $1,145,000* List Price | 3 | 2 | 1,477 | $736 | - |
A 5227 Buffalo Sold | $1,300,000 | 3 | 2 | 1,420 | $915 | 0.5 mi |
B 5446 Matilija Avenue Sold | $1,100,000 | 3 | 2 | 1,480 | $743 | 0.2 mi |
C 14156 Califa Sold | $1,100,000 | 3 | 2 | 1,488 | $739 | 0.5 mi |
D 5450 Buffalo Avenue Sold | $1,300,000 | 3 | 2 | 1,735 | $749 | 0.4 mi |
E 5249 Ventura Canyon Avenue Sold | $1,380,000 | 3 | 2 | 2,013 | $686 | 0.5 mi |
F 14354 Emelita Sold | $1,169,500 | 3 | 2 | 1,926 | $607 | 0.6 mi |
G 14412 Collins Active | $1,150,000 List Price | 4 | 2 | 1,473 | $781 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is well-maintained but largely outdated. While it features a newer HVAC system and updated kitchen countertops, the property retains many aged elements including 1970s-style wood paneling, older kitchen cabinetry, and vintage bathroom fixtures. It is functional and livable but requires cosmetic and system updates to meet modern standards.
The detached 2-car garage and gated driveway provide a prime opportunity for conversion into an Accessory Dwelling Unit (ADU) or guest suite, significantly increasing the property's utility and value.
Situated on a quiet street in a highly desirable neighborhood, the home offers proximity to top-rated schools, trendy shops, and major TV/music studios.
The spacious backyard features a grassy play area and an in-ground spa, creating an ideal environment for outdoor entertaining and relaxation.
The property is being sold in 'As-Is' condition, which suggests that the buyer may need to budget for immediate repairs or cosmetic updates.
With a build date of 1952, the home may require inspections and potential upgrades to older systems typical of mid-century construction.
Super charming 3-bedroom, 2-bathroom home nestled in a desirable Sherman Oaks neighborhood. In this traditional home, you’ll find hardwood floors, a comfortable living room with a warm fireplace, formal dining, and a handsome den with a second fireplace. Newer central HVAC system for year-round comfort. The spacious backyard has a grassy play area, an in-ground spa and endless possibilities for outdoor entertaining. The gated driveway leads to a detached 2 car garage which also presents a great opportunity for an ADU, home office, or guest space. Located on a quiet street and surrounded by top-rated schools, parks, local shops and trendy bars/restaurants. A short drive to the many area TV & music studios and L.A. Valley College. Home will be sold As-Is
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,477 | 1,873 | 22% |
| Lot Size | 6,800 | 6,752 | 53% |
| Price | $1.15M | $1.33M | 34% |
| Price per sq ft | $775 | $728 | 66% |
| Built year | 1952 | 1951 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 174 | 2% |
Mar 19, 2026
$1,145,000
Initial Listing
Nov 29, 2001
$336,000
Public Record
Apr 30, 1997
$218,500
Public Record