3539 Alana Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 4 bed, 4 bath
ACTIVE$2,724,000
3539 Alana Drive, Sherman Oaks, California 91403
4Beds
4Baths
3,716Sqft
14,117Lot
Year Built
1975
Close
-
List price
$2.72M
Original List price
$3.3M
Price/Sqft
$733
HOA
-
Days on market
-
Sold On
-
MLS number
25533101
Home ConditionFair
Features
Good View: City Lights, Mountain(s), Valley
ViewCity Lights,Mountain(s),Valley
About this home
Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.72M(75th), sqft - 3716(72th), beds - 4(50th), baths - 4(50th).
4+4 Home in Royal Woods.
Price History
Date
Event
Price
08/20/25
Price Change
$2,724,000
05/02/25
Listing
$3,299,000
Condition Rating
Fair
The property was built in 1975, making it 49 years old. While the single provided image shows a well-maintained exterior with modern-looking garage doors and a clean driveway, there are no interior images available to assess the condition of the kitchen, bathrooms, flooring, or other critical interior components. Given the age of the property, it is highly probable that the interior, particularly the kitchen and bathrooms, would be dated and require minor to moderate updates to meet current aesthetic and functional standards, even if well-maintained. This aligns with the 'Fair' category, suggesting the home is aged but likely maintained, with major components functional but showing signs of being outdated.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable 'Royal Woods' area of Sherman Oaks, known for its upscale living and excellent community amenities.
Panoramic Views: Boasts stunning 'City Lights, Mountain(s), Valley' views, a premium feature that significantly enhances the property's appeal and value.
Generous Living Space: Offers a substantial 3716 sqft of living area with 4 bedrooms and 4 bathrooms, providing ample space for comfort and entertaining.
Large Lot Size: Features a spacious 14,117 sqft lot, offering privacy, outdoor potential, and room for landscaping or future enhancements.
Established Neighborhood: Built in 1975, the property is part of a mature and well-regarded community, often implying stable property values and a sense of permanence.
Cons
Significant Price Reduction: The substantial price drop from $3.299M to $2.724M (over $575,000) suggests potential market resistance, initial overpricing, or perceived issues that have deterred buyers.
Age of Property (Potential for Updates): Built in 1975, the home is nearly 50 years old, which may imply a need for modernization or updates to systems, finishes, or aesthetics to meet current luxury standards.
Limited Property Description: The brief description ('4+4 Home in Royal Woods.') lacks specific details about recent renovations, luxury features, or unique selling points, potentially leading buyers to assume a lack of modern amenities.