
Sherman Oaks, California 91411
This Spacious Traditional Residence is a High-Potential Investment Opportunity listed at $1,300,000—positioned well below the $1,332,860 Fair Market Value by 2%. This valuation gap offers $32,860 in Instant Equity for buyers. Boasting a Move-In Ready Condition Rating, the home features a versatile floor plan with a private upstairs suite, updated kitchen, and a spacious patio. Located in the Los Angeles Unified district near prime Sherman Oaks dining, it balances lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5734 Norwich Subject | $1,300,000* List Price | 4 | 3 | 2,261 | $626 | - |
A 5351 Lemona Avenue Sold | $1,341,000 | 4 | 2 | 2,137 | $628 | 0.5 mi |
B 5701 Vista Del Monte Sold | $1,065,000 | 4 | 2 | 1,611 | $661 | 0.6 mi |
C 5717 Natick Avenue Sold | $1,032,000 | 2 | 1 | 1,465 | $704 | 0.3 mi |
D 5320 Bevis Avenue Sold | $930,000 | 3 | 2 | 1,499 | $620 | 0.6 mi |
E 5740 Lemona Avenue Pending | $949,900 List Price | 2 | 1 | 1,391 | $683 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a functional kitchen with stainless steel appliances and stone countertops. While originally built in 1950, the home has been updated with modern bathrooms, hardwood flooring, and fresh paint. It does not qualify as excellent because the renovations are not brand new, but it shows no signs of deferred maintenance and is in better condition than a typical 'fair' property of its age.
The unique layout features a private upstairs suite and three main-level bedrooms, providing an ideal balance of separation and flow for multi-generational living or a home office.
With over 2,200 square feet of living area, including both a formal living room and a large family room with a fireplace, the home offers ample space for both entertaining and daily comfort.
Situated in a highly desirable neighborhood, the property provides convenient access to premium shopping, dining, and local amenities, supporting strong long-term property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1950, the residence may require cosmetic updates or system upgrades to align with contemporary luxury standards and energy efficiency.
The property is noted as having no significant views, which may be a competitive disadvantage compared to other hillside or elevated properties in the Sherman Oaks area.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,261 | 1,455.5 | 83% |
| Lot Size | 6,891 | 6,757.5 | 56% |
| Price | $1.30M | $1.02M | 71% |
| Price per sq ft | $575 | $739 | 19% |
| Built year | 1950 | 1949 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 163 | 4% |
Feb 27, 2026
$1,300,000
Initial Listing
Apr 25, 1996
$250,000
Public Record