5348 Allott Avenue, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 7 bed, 7 bath

5348 Allott Avenue, Sherman Oaks, California 91401 home-pic-0
ACTIVE$1,699,000
5348 Allott Avenue, Sherman Oaks, California 91401
7Beds
7Baths
2,900Sqft
7,153Lot
Year Built
1950
Close
-
List price
$1.7M
Original List price
$1.95M
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
SR25016193
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

We found 2 Cons,3 Pros. Rank: price - $1.70M(79th), sqft - 2900(87th), beds - 7(97th), baths - 7(97th).

Welcome to this stunning single-family residence located in Sherman Oaks. This home boasts 7 bedrooms and 7 bathrooms, offering ample space to entertain or just relax. With over 2900 square feet of living space which includes the ADU. The thoughtfully designed living space, this property is perfect for anyone seeking comfort and style. As you enter, you are greeted by an open concept with lots of natural light. The kitchen features newer appliances and ample cabinetry. The adjacent dining area flows seamlessly into the cozy living room. In addition to the main living space, this property includes a beautifully appointed ADU with an 360 square feet of living space, providing additional living space for guests or potential rental income. The outdoor area features a private backyard perfect for entertaining or enjoying peaceful moments.

Condition Rating
Fair

The property was built in 1950. The listing mentions newer kitchen appliances, suggesting some updates. However, the overall style and condition, considering the age, likely require minor updates to bring it to modern standards. The presence of an ADU is a plus, but the condition of the bathrooms and other areas is not explicitly stated, leading to a 'Fair' assessment.
Pros & Cons

Pros

Spacious Layout: The property offers 7 bedrooms and 7 bathrooms within 2900 sqft, providing ample space for large families or those who enjoy hosting guests.
ADU Potential: The inclusion of a beautifully appointed ADU (360 sqft) presents opportunities for rental income or accommodating extended family.
Prime Location: Located in Sherman Oaks, the property benefits from a desirable neighborhood with access to amenities and a strong real estate market.

Cons

Year Built: Built in 1950, the property may require updates to meet modern standards and preferences.
Price Adjustment: The recent price reduction from the original list price may indicate challenges in the current market or potential concerns about the property's value.

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