
Sherman Oaks, California 91411
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $685,350 Fair Market Value by -9%. While the home carries a Condition Rating of 6, the significant lot size and prime location within the Kester Elementary School district provide a foundation for substantial value-add. This fixer-upper asset requires extensive renovation, making it a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a full-scale remodel in a high-demand Sherman Oaks neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5807 Bevis Avenue Subject | $749,000* List Price | 3 | 2 | 1,156 | $593 | - |
A 6331 Columbus Avenue Sold | $745,000 | 3 | 1 | 1,276 | $584 | 0.8 mi |
B 5837 Cedros Active | $800,000 List Price | 3 | 2 | 1,280 | $625 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1956 (>50 years old) with no evidence of renovation. The listing explicitly states it 'needs a ton of work,' is a 'fixer opportunity,' and will not qualify for conventional financing, indicating it is currently unlivable. Images show boarded-up windows, significant exterior neglect, and a severely dilapidated interior.
The property is situated in a highly desirable Sherman Oaks neighborhood and is zoned for the prestigious Kester Elementary School, a major draw for families and a driver of long-term value.
As a 'fixer-upper' in a prime central Valley locale, this home offers substantial equity growth potential for investors or developers looking to renovate or rebuild in a high-demand area.
The property features a sprawling rear yard and a large driveway that accommodates several vehicles, providing ample space for outdoor living or potential expansion.
The property is restricted to 'All Cash' or 'Hard Money' buyers only and will not qualify for conventional financing due to its current distressed condition.
Described as needing a 'ton of work,' the home requires a significant capital investment to make it habitable or modern, which may deter non-professional buyers.
This Sherman Oaks home really needs a whole lotta lovin’ however, the sky’s the limit on the upside and this could really be something special. Don’t miss this “All Cash” fixer opportunity. Large driveway accommodates several vehicles. Spacious living room with fireplace and three bedrooms are ideal. Sprawling rear yard too! Everyone wants Kester Elementary and it’s right here waiting for you. Prime central Valley locale in this great neighborhood places you close to all. Sure, it needs a ton of work and sure there will be many competing to obtain however, nothing truly worth having or doing comes without major effort and this one is worth the ride…..let’s go!!! Due to the expected demand, we will only be doing group showings once per day and cannot accommodate individual requests. Cash or Hard Money only, property will not qualify for conventional financing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,156 | 2,347 |
| Lot Size | 6,364 | 8,485 |
| Price | $749.0K | $1.81M |
| Price per sq ft | $648 | $827 |
| Built year | 1956 | 1956 |
| HOA | $0 | $0 |
| Days on market | 7 | 58 |
Jul 15, 2026
$749,000
Initial Listing