
Sherman Oaks, California 91411
This Turnkey Residential Property is a Strong Value Opportunity, listed at $1,359,000—positioned well below the $1,382,838 Fair Market Value by 1.7%. This valuation gap offers $23,838 in Instant Equity for the buyer. Featuring a Modern Chef's Kitchen and a Detached Guest House, the property maintains an Excellent Condition Rating of 2. Located in the sought-after Kester Avenue Elementary district, this home is an ideal fit for Owner-Occupants seeking rental income or multi-generational families desiring a versatile, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5822 Saloma Avenue Subject | $1,359,000* List Price | 4 | 4 | 1,987 | $696 | - |
A 5836 Norwich Ave. Sold | $1,250,000 | 4 | 3 | 1,639 | $763 | 0.1 mi |
B 5822 Norwich Ave. Sold | $1,190,000 | 4 | 3 | 1,562 | $762 | 0.1 mi |
C 5700 Vista Del Monte Sold | $1,315,000 | 3 | 2 | 1,650 | $797 | 0.5 mi |
D 5460 Noble Avenue Sold | $1,260,000 | 3 | 2 | 1,558 | $809 | 0.5 mi |
E 14716 Killion Street Sold | $1,250,000 | 3 | 2 | 1,472 | $849 | 0.5 mi |
F 5250 Lemona Avenue Sold | $1,660,000 | 4 | 3 | 2,129 | $780 | 0.7 mi |
G 6539 Noble Avenue Sold | $1,199,000 | 4 | 4 | 2,073 | $578 | 0.9 mi |
H 5259 Vesper Avenue Sold | $1,562,000 | 4 | 3 | 2,652 | $589 | 0.8 mi |
I 5838 Natick Avenue Pending | $1,397,000 List Price | 4 | 3 | 1,966 | $711 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1950, the property has undergone a comprehensive recent renovation (less than 5 years) including a modern chef's kitchen with professional appliances, spa-inspired bathrooms, and updated flooring/lighting throughout. The detached guest house is also newly updated, making the entire property move-in ready with no maintenance required.
The property features a fully updated detached guest house with its own kitchen and bathroom, offering exceptional versatility for rental income, a home office, or multi-generational living.
Situated within the sought-after Kester Avenue Elementary attendance area, this home provides a significant competitive advantage and long-term value for families.
The main residence boasts a stylish, newly updated kitchen equipped with a professional six-burner range, a large central island, and high-end finishes perfect for entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1987, other record living area = 1134. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With two separate structures occupying a 5,907-square-foot lot, the remaining outdoor yard space may feel constrained for buyers seeking a large private garden or expansive play area.
The total 1,987 square feet is divided between the main house and the guest unit, which may result in smaller individual room dimensions compared to a single-structure home of the same total size.
Located on a charming, tree-lined street in a desirable Sherman Oaks neighborhood, this newly updated home offers a rare opportunity to own a main residence and detached guest house for the price of one. Filled with natural light from every angle, the main house offers 3 bedrooms - 2.5 bathrooms, an inviting open-concept living and dining area with a striking fireplace, and a large picture window overlooking the gated backyard. The stylish chef's kitchen features a professional six-burner range, sleek modern finishes, spacious island, and sunny breakfast nook. The generous-sized primary suite offers high ceilings and a spa-inspired bathroom. Two additional bedrooms and a beautifully appointed full bathroom with a bathtub, along with a convenient powder room, complete the home. The detached studio features soaring ceilings, recessed lighting, its own kitchenette and bathroom, perfect for guests, home office or creative studio. Located within the highly sought-after Kester Avenue Elementary attendance area and just minutes from Ventura Boulevard, Sherman Oaks Galleria, parks, dining, and everyday conveniences, this versatile property offers comfort, functionality, and exceptional value in one of Sherman Oaks' most coveted neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,987 | 2,301.595 |
| Lot Size | 5,907 | 7,836.892 |
| Price | $1.36M | $1.78M |
| Price per sq ft | $684 | $827 |
| Built year | 1950 | 1954 |
| HOA | $0 | $170 |
| Days on market | 30 | 58 |
Aug 10, 2026
$1,359,000
Initial Listing
May 7, 2025
$1,020,000
Public Record