5734 Norwich, Sherman Oaks, California 91411, Sherman Oaks, 91411 - 4 bed, 3 bath
Loading property details...
5734 Norwich
Sherman Oaks, California 91411
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,261Sq Ft
6,891Lot Size
Property Price
LIST PRICE$1,260,000
EST. MARKET VALUE
$1,299,919
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $1,260,000—positioned well below the $1,299,920 Fair Market Value by 3%. This valuation gap offers $39,920 in Instant Equity for the buyer. With a Condition Rating of 4, the property provides a functional, spacious layout ready for cosmetic modernization to meet current market standards. Its versatile floor plan and prime Sherman Oaks location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$1,299,919+$39,919 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5734 Norwich Subject | $1,260,000* List Price | 4 | 3 | 2,261 | $575 | - |
A 5806 Noble Sold | $1,100,925 | 3 | 2 | 1,720 | $640 | 0.1 mi |
B 5326 Norwich Avenue Sold | $1,244,000 | 3 | 2 | 1,719 | $724 | 0.5 mi |
C 5351 Lemona Avenue Sold | $1,341,000 | 4 | 2 | 2,137 | $628 | 0.5 mi |
D 5717 Natick Avenue Sold | $1,032,000 | 2 | 1 | 1,465 | $704 | 0.3 mi |
E 5702 Vesper Avenue Sold | $1,185,000 | 3 | 2 | 1,696 | $699 | 0.6 mi |
F 5801 Willis Avenue Sold | $1,007,000 | 3 | 2 | 1,702 | $592 | 0.3 mi |
G 14951 Gilmore Sold | $890,000 | 3 | 2 | 1,717 | $518 | 0.9 mi |
H 5734 Norwich Active | $1,300,000 List Price | 4 | 3 | 2,261 | $575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1950 and shows signs of a renovation likely completed 20-30 years ago. While functional and well-maintained, the kitchen and bathrooms feature dated blue tile, glass block windows, and older cabinetry. The presence of older carpeting and 1990s-style finishes indicates the home needs cosmetic updates and modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The layout offers a unique balance of privacy and flow, featuring a secluded upstairs suite and three main-level bedrooms, ideal for multi-generational living or a dedicated home office.
- Substantial Living Area
With over 2,200 square feet of living space including both a formal living room and a large family room with a fireplace, the home provides ample room for large-scale entertaining and comfortable daily life.
- Prime Sherman Oaks Location
Situated in a highly sought-after neighborhood, the property benefits from close proximity to premium shopping, dining, and local amenities, ensuring long-term desirability and convenience.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1950, the property may require updates to its original finishes or systems to meet the expectations of modern luxury buyers in the Sherman Oaks market.
- Lack of Scenic Views
The property is noted as having no significant views, which may be a competitive disadvantage compared to other residences in the area that offer hillside or canyon vistas.
About 5734 Norwich
Welcome to this spacious and thoughtfully designed residence offering 4 bedrooms, 3 bathrooms, and approximately 2,261 square feet of living space in a desirable Sherman Oaks location. The floor plan offers a great balance of separation and flow, with a private upstairs bedroom suite and three additional bedrooms located on the main level. The home features both a formal living room and a large family room, creating distinct spaces for entertaining and everyday living. The family room is highlighted by a fireplace and generous proportions, making it an inviting gathering area. The centrally located kitchen provides convenient access to the main living spaces and supports an efficient layout for daily use. The upstairs suite serves as a quiet retreat with its own bathroom, while the downstairs bedrooms offer flexibility for guests, home office use, or additional living needs. With multiple living areas, a practical layout, and a central Sherman Oaks setting close to shopping, dining, and local amenities, this home presents an excellent opportunity for comfortable and versatile living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,891 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,261 | 2,301.595 |
| Lot Size | 6,891 | 7,836.892 |
| Price | $1.26M | $1.78M |
| Price per sq ft | $557 | $827 |
| Built year | 1950 | 1954 |
| HOA | $0 | $170 |
| Days on market | 49 | 58 |
Pricing History
Listed for Sale
Jul 22, 2026
$1,260,000
Initial Listing
Sold
Apr 25, 1996
$250,000
Public Record