5420 Sylmar Avenue, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 2 bed, 2 bath

5420 Sylmar Avenue, Sherman Oaks, California 91401 home-pic-0
ACTIVE$579,000
5420 Sylmar Avenue, Sherman Oaks, California 91401
2Beds
2Baths
1,172Sqft
56,744Lot
Year Built
1989
Close
-
List price
$579K
Original List price
$550K
Price/Sqft
$494
HOA
$747
Days on market
-
Sold On
-
MLS number
SR25246221
Home ConditionFair
Features
Pool
Spa
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $579.0K(40th), sqft - 1172(50th), beds - 2(50th), baths - 2(50th).

Welcome to 5420 Sylmar Ave #105! This spacious 2-bedroom, 2-bathroom condo in the heart of Sherman Oaks is ready for you to make it your own. The home features a large kitchen with a breakfast bar, dishwasher, and energy-efficient windows, along with central heat and air and an in-unit laundry room. Adjacent to the kitchen is a dedicated dining area, perfect for everyday meals or hosting friends and family. The entire unit offers elevated ceilings and plantation shutters throughout. The primary bedroom includes a large walk-in closet, while the second bedroom is located on the opposite end of the home, providing added privacy. The living room features a gas fireplace and a wet bar, creating a comfortable and inviting space. All windows face Chandler Boulevard, offering peaceful views of the eucalyptus trees. Enjoy one of the largest private balconies in the building—great for relaxing or dining outdoors. Community amenities include a pool, spa, and fitness center. HOA dues also cover earthquake insurance for added peace of mind. Tandem gated parking is included. Conveniently located near shopping, dining, and multiple supermarkets—including Ralphs—with easy access to the 101 and 405 freeways. This condo offers outstanding value in a prime Sherman Oaks location. Don’t miss this fantastic opportunity!

Price History

Date
Event
Price
12/04/25
Price Change
$579,000-3.3%
10/29/25
Price Change
$599,000+8.9%
10/27/25
Listing
$550,000
Condition Rating
Fair

The property, built in 1989, is well-maintained and functional with central AC/heat and energy-efficient windows. However, the kitchen features dated wood cabinetry, basic countertops, and older appliances (dishwasher, range), along with linoleum flooring. Bathrooms also exhibit dated vanities and linoleum flooring, despite some minor updates like vessel sinks. While move-in ready, significant cosmetic updates are needed in the kitchen and bathrooms to meet current aesthetic standards.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located in Sherman Oaks, offering unparalleled convenience to shopping, dining, supermarkets, and major freeways (101 & 405).
Comprehensive Amenities Package: Residents benefit from a full suite of community amenities including a pool, spa, and fitness center, enhancing lifestyle and property value.
Modern In-Unit Comforts: The condo boasts central heat and air, in-unit laundry, elevated ceilings, plantation shutters, a gas fireplace, and a wet bar, providing a comfortable and well-appointed living space.
Optimized Layout for Privacy: Features a thoughtful 2-bedroom, 2-bathroom split floor plan, ensuring privacy for occupants, complemented by a spacious primary walk-in closet.
Expansive Private Balcony: Includes one of the building's largest private balconies, offering significant outdoor living space with serene views of eucalyptus trees.

Cons

Substantial HOA Dues: The monthly HOA fee of $747.00 is relatively high, which could be a significant ongoing cost for potential buyers, even with included earthquake insurance.
Inconvenient Tandem Parking: The provision of tandem gated parking may present daily logistical challenges for residents, particularly those with multiple vehicles.
Potential for Road Noise: Despite views of eucalyptus trees, the unit's orientation towards Chandler Boulevard could expose it to ambient traffic noise, depending on the time of day and specific unit location.

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