RealKey
‪(213) 433-7766‬

12954 Otsego Street, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 4 bed, 3 bath

12954 Otsego Street, Sherman Oaks, California 91423 home-pic-0
ACTIVE$1,699,000
12954 Otsego Street, Sherman Oaks, California 91423
4Beds
3Baths
1,938Sqft
6,602Lot
Year Built
1951
Close
-
List price
$1.7M
Original List price
$1.73M
Price/Sqft
$877
HOA
-
Days on market
-
Sold On
-
MLS number
25524353
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.70M(38th), sqft - 1938(34th), beds - 4(50th), baths - 3(50th).

This beautifully updated single light and bright home offers timeless style and modern comforts in one of the Valley's most sought-after neighborhoods. Step inside to a bright, airy layout featuring sunlit living and family rooms with gleaming hardwood floors, a classic brick fireplace, custom built-ins, and expansive picture windows that invite natural light throughout. The formal dining area connects effortlessly to a spacious eat-in kitchen, complete with granite countertops and a custom tile backs plash perfect for both entertaining and everyday living. The generously sized primary suite includes a walk-in closet and elegant French doors opening to your own private backyard retreat. Outdoors, enjoy the ultimate in California living with a beautifully landscaped yard, oversized covered patio, and lush green lawn ideal for relaxing or hosting friends and family. Whether you're looking for a forever home or a smart investment, this rare gem offers the perfect blend of comfort, character, and location.

Nearby schools

6/10
John B. Monlux Elementary School
Public,•K-5•1.3mi
6/10
Erwin Elementary School
Public,•K-5•1.5mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•4.1mi
8/10
Lanai Road Elementary School
Public,•K-5•4.5mi
9/10
Warner Avenue Elementary School
Public,•K-5•6.5mi
6/10
Walter Reed Middle School
Public,•6-8•1.9mi
2/10
Van Nuys Middle School
Public,•6-8•2.1mi
5/10
James Madison Middle School
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•5.4mi
3/10
William Mulholland Middle School
Public,•6-8•5.6mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.0mi
8/10
North Hollywood Senior High School
Public,•9-12•1.6mi
6/10
Van Nuys Senior High School
Public,•9-12•2.9mi
6/10
University Senior High School
Public,•9-12•8.5mi
6/10
University Senior High School Charter
Public,•9-12•8.5mi
Condition Rating
Good
This property is move-in ready with no immediate renovations required. While built in 1951, the description highlights it as 'beautifully updated' with 'timeless style and modern comforts.' The images confirm this, showing gleaming hardwood floors, recessed lighting, and well-maintained spaces. The kitchen features granite countertops, a custom tile backsplash, and what appear to be stainless steel appliances, indicating a significant update. Similarly, the bathrooms have updated vanities, granite countertops, and tiled showers/tubs. The style of these updates, particularly the kitchen cabinets and tile work, suggests a renovation that is likely within the 5-15 year range, rather than brand new (within 5 years). All major components appear functional and well-maintained, aligning perfectly with the 'Good' score criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Desirable Location: Situated in Sherman Oaks, described as one of the Valley's most sought-after neighborhoods, offering strong appeal and potential for appreciation.
Updated & Timeless Interior: The home is 'beautifully updated' with 'timeless style and modern comforts,' featuring gleaming hardwood floors, a classic brick fireplace, and custom built-ins.
Bright & Airy Layout: The interior boasts a 'bright, airy layout' with sunlit living and family rooms, complemented by expansive picture windows that invite natural light throughout.
Enhanced Outdoor Living: The property offers a 'beautifully landscaped yard,' an 'oversized covered patio,' and a 'lush green lawn,' creating an ideal space for relaxation and entertaining.
Well-Appointed Primary Suite: The generously sized primary suite includes a walk-in closet and elegant French doors that open to a private backyard retreat, enhancing comfort and privacy.

Cons

Overpriced Relative to Market Value: The current list price of $1.699M is significantly higher than the property's estimated value of $1.137M, reflected by a -33% estimation ratio, suggesting it may be overvalued compared to market benchmarks and recent comparable sales.
Lack of Premium Amenities: While updated, the description does not highlight premium features such as a swimming pool, solar panels, EV charging, or specific high-end smart home technology, which are present in some comparable properties and can enhance value in this market.
No View: The property explicitly states 'view: None,' which can be a drawback in a desirable Southern California market where views often command a premium and are featured in some comparable listings.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state