5139 Hazeltine, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 2 bath

5139 Hazeltine, Sherman Oaks, California 91423 home-pic-0
ACTIVE$1,273,500
5139 Hazeltine, Sherman Oaks, California 91423
3Beds
2Baths
1,723Sqft
7,042Lot
Year Built
1952
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
SR25271635
Home ConditionPoor
Features
Good View: City Lights
Pool
Patio
ViewCity Lights

About this home

Great Deal:The estimated price is 4% above the list price. We found 4 Cons,7 Pros. Rank: price - $1.27M(7th), sqft - 1723(20th), beds - 3(41th), baths - 2(29th).

Charming Sherman Oaks Traditional Home – 1st Time on Market in Over 50 Years Property Overview: This exceptional 1952 traditional home is being offered for sale for the 1st time in over fifty years, presenting a rare opportunity to own a timeless single-story residence nestled in the heart of Sherman Oaks. Home Features; The home offers 3 Beds and 2 Baths, complemented by a spacious Living Room and a Large Family room with a cozy Fireplace located just off the kitchen. Additional highlights include a dedicated laundry room and a backyard pool that is fully operational. The detached garage provides flexibility for potential uses such as an Accessory Dwelling Unit (ADU), a home office, or guest accommodations. Lot and Location; The property sits on a generous lot with a detached garage, allowing for numerous possibilities including renovation, expansion, or complete transformation. Its prime location is just minutes from Ventura Boulevard, top-rated schools, and some of the area's best dining spots. Situated in one of the San Fernando Valley’s most desirable neighborhoods, this home is being sold as-is, offering a unique opportunity to realize your vision in a sought-after location. Investors, check out this Gem and its potential. Layout and Outdoor Space; Upon entering, the large living room is to the left, featuring bifold doors that open into the expansive family room with a fireplace. A sliding door connects this space to the covered patio and pool area. The pool is functional, with brick coping and well-maintained equipment. The backyard features both brick and rock hardscaping, and the detached garage is easily accessible. Remodeling Potential; This property is ideal for renovation or a flip. Options include opening the kitchen to the family room and installing a large center island or a peninsula with additional seating, or integrating the living and family rooms. There is also potential to create a spacious primary suite from these large areas. The back of the house could be extended without significantly reducing the backyard size. Other possibilities involve removing the hallway wall & wall between the living and family rooms to reconfigure the space or even adding another bedroom. . The property showcases authentic character making it a true gem for discerning buyers seeking classic appeal with limitless potential. Please look past the Clutter, Great Bones in this home. Call the agent for a showing of this property.

Nearby schools

9/10
Kester Avenue Elementary School
Public,K-51.0mi
6/10
Erwin Elementary School
Public,K-51.6mi
6/10
John B. Monlux Elementary School
Public,K-52.1mi
8/10
Lanai Road Elementary School
Public,K-53.1mi
9/10
Roscomare Road Elementary School
Public,K-53.4mi
9/10
Warner Avenue Elementary School
Public,K-56.5mi
2/10
Van Nuys Middle School
Public,6-80.7mi
5/10
James Madison Middle School
Public,6-82.7mi
6/10
Walter Reed Middle School
Public,6-83.2mi
5/10
William Mulholland Middle School
Public,6-84.1mi
3/10
William Mulholland Middle School
Public,6-84.3mi
6/10
Ulysses S. Grant Senior High School
Public,9-121.7mi
6/10
Van Nuys Senior High School
Public,9-121.9mi
8/10
North Hollywood Senior High School
Public,9-123.0mi
6/10
University Senior High School
Public,9-128.3mi
6/10
University Senior High School Charter
Public,9-128.3mi

Price History

Date
Event
Price
12/08/25
Listing
$1,273,500
Condition Rating
Poor

Built in 1952 and on the market for the first time in over 50 years, this property is in 'as-is' condition, explicitly stating it requires 'substantial renovation investment' and has 'dated interior & cosmetic needs.' The kitchen is severely outdated with original or very old appliances (excluding the refrigerator), dated cabinetry, linoleum flooring, and floral wallpaper. Other interior images show worn carpets, popcorn ceilings, and dated fixtures. While the property has 'Great Bones' and a functional pool, the interior components and systems require extensive modernization and rehabilitation to meet current standards, making it uncomfortable in its current state.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7042, living area = 1723.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Sherman Oaks Location: Situated in the highly desirable Sherman Oaks neighborhood, minutes from Ventura Boulevard, top-rated schools, and premier dining, offering excellent convenience and lifestyle.
Significant Renovation & Expansion Potential: Offers extensive opportunities for renovation, expansion, and complete transformation, including reconfiguring layouts, extending the home, or adding bedrooms, appealing to investors and those seeking customization.
ADU Conversion Opportunity: The detached garage presents a valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), home office, or guest accommodations, enhancing property utility and potential rental income.
Desirable Outdoor Amenities: Features a generous 7,042 sqft lot with a fully operational backyard pool and ample space for outdoor living and entertaining, a highly sought-after amenity in the Southern California market.
Rare Market Offering: Available for the first time in over fifty years, this property represents a unique and rare opportunity to acquire a long-held traditional home with 'great bones' in a prime location.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As-Is Condition: The property is being sold 'as-is,' indicating that buyers should anticipate immediate investment for necessary repairs, upgrades, and modernization to bring it to current market standards.
Dated Interior & Cosmetic Needs: Built in 1952 and described with 'Please look past the Clutter,' the interior likely requires significant cosmetic updates and modernization to appeal to contemporary tastes.
Substantial Renovation Investment Required: While offering immense potential, realizing the property's full value will necessitate a considerable financial commitment for the extensive renovations and upgrades outlined.

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