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5055 Coldwater Canyon Avenue 217, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

5055 Coldwater Canyon Avenue 217, Sherman Oaks, California 91423 home-pic-0
ACTIVE$635,000
5055 Coldwater Canyon Avenue 217, Sherman Oaks, California 91423
3Beds
2Baths
1,063Sqft
42,725Lot
Year Built
1973
Close
-
List price
$635K
Original List price
$635K
Price/Sqft
$597
HOA
$585
Days on market
-
Sold On
-
MLS number
25488495
Home ConditionGood
Features
Good View: Courtyard
Deck
Pool
Spa
ViewCourtyard

About this home

We found 3 Cons,6 Pros. Rank: price - $635.0K(49th), sqft - 1063(22th), beds - 3(76th), baths - 2(50th).

Welcome to this rare Sherman Oaks 3-bedroom, 2-bathroom condo nestled in a resort-style complex, complete with a sparkling pool and lush surroundings. Step inside to discover an open-concept layout with spacious living and dining areas. Top floor unit with balcony and privacy. Outside, the community amenities make every day feel like a vacation. Take a refreshing dip in the pool, lounge in the spa, workout in the gym or explore nearby shopping, dining, and entertainment options all just minutes away. HOA dues include earthquake insurance, water, trash, building maintenance, and guest parking. Whether you're looking for a primary residence, a second home, or an investment opportunity, this condo is a rare gem in a sought-after location. Unit is located inside the community and not on the street. Photos are virtually staged. Probate Sale. No court confirmation needed.

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•2.5mi
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•1.8mi
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•5.5mi
3/10
William Mulholland Middle School
Public,•6-8•5.7mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.0mi
8/10
North Hollywood Senior High School
Public,•9-12•1.5mi
6/10
Van Nuys Senior High School
Public,•9-12•3.0mi
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
Despite being built in 1973, the property has undergone significant updates, particularly in the kitchen and bathrooms. The kitchen features contemporary white shaker cabinets, stainless steel appliances, and modern countertops/backsplash. Bathrooms also show updated vanities, fixtures, and clean tiling. The flooring in the main living areas appears to be updated laminate or engineered wood. These renovations, likely completed within the last 5-15 years, make the condo move-in ready with a modern aesthetic, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Sherman Oaks Location: Situated in a highly desirable Sherman Oaks neighborhood, offering convenient access to nearby shopping, dining, and entertainment options.
Resort-Style Community Amenities: The complex boasts a sparkling pool, spa, and gym, providing a vacation-like living experience and enhancing lifestyle appeal.
Spacious 3-Bedroom Layout: A rare 3-bedroom condo offering an open-concept layout with generous living and dining areas, suitable for families or those needing extra space.
Top-Floor Unit with Privacy: As a top-floor unit with a balcony and located inside the community (not on the street), it offers enhanced privacy and a quieter living environment.
Comprehensive HOA Inclusions: HOA dues cover significant expenses including earthquake insurance, water, trash, building maintenance, and guest parking, offering peace of mind and value.

Cons

High Monthly HOA Dues: The $585 monthly association fee is substantial and will significantly impact the overall cost of homeownership.
Building Age: Built in 1973, the property is over 50 years old, which may imply older infrastructure, potential for dated finishes, or future maintenance considerations.
Virtually Staged Photos: The use of virtual staging means the actual condition and furnishings of the unit may differ, requiring in-person verification to manage buyer expectations.

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