Above $1 Million Sherman Oaks CA Real Estate, Homes, Condos for Sale

Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades. Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes. Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.

5236 Kester Avenue Unit 6, Sherman Oaks

Listing courtesy of Listing Agent: Frank Ponce (frank@frankponce.com) from Listing Office: Coldwell Banker Realty.

$1,900,000

4 Beds ⋅ 5 Baths ⋅ IV25151049 MLS

SHORTSALE, SHORTSALE, SHORTSALE. Completely Rebuilt in 2005 (guest quarters Square Footage. is additional to the main house) The seller is very Motivated. This is a Mediterranean contemporary house, in S. of BLVD in the heart of Sherman oaks, open floor plan flows flawlessly with high ceilings throughout the house, there are 3 bedrooms and 3.5 baths in the main house and 1 bedroom & 1 bath in separate guest quarters, every bedroom has its own bath, as you enter to this expansive open floor plan with beautiful formal dining room accommodating large gatherings with guests, a beautiful chandelier, and to the right you enter large living room and family room separated by fireplace in between, there are custom-made marble floors throughout the house and the bathrooms, great modern kitchen with custom made cabinets and granite countertops, 2 separate sinks, and huge island in the middle, top of the line Kitchen aid appliances, including large capacity side by side fridge and freezer, 2 drawers dishwasher, huge oven range, double ovens w/convection oven, a great spacious master bedroom with high ceilings, huge bathroom with all the amenities, it's own fireplace, a freestanding jacuzzi tub, great walk-in closet, LG second bedroom with its own marble bath, the third bedroom on the other side of the family room with its own marble bath, lots of windows bring beautiful light throughout, there is a separate guest quarters with living area and a bath, a LG BR on top of the garage, in the backyard you have water features with two ponds, very private for entertaining, then you go up with stairs to the pool & spa area on the second level of the backyard with plenty of room for entertainment and sunbathing with total privacy, great views from the pool area, beautiful Mediterranean landscaping in front of the house and the backyard with mature trees all around, Pool & Spa were added in 2005. Simply Move In & Enjoy Life. The house is sold in As-Is/Where-Is condition. Buyer & his agent to verify all MLS info, including, but not limited to, permits and uses, bed/bath counts and all square footage. The Seller & Seller's Broker/Listing Agent do not guarantee the accuracy of square footage, lot size/dimensions, permitted or un-permitted spaces, or other info concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all info through personal inspections & W/appropriate professionals to satisfy themselves & rely solely on that.

3946 Knobhill Drive, Sherman Oaks

Listing courtesy of Listing Agent: MERLIN DE COUD (teamdecoud@hotmail.com) from Listing Office: ELEVATE REAL ESTATE AGENCY.

$2,175,000

4 Beds ⋅ 4 Baths ⋅ SR25126826 MLS

Major Price Reduction!!! First time on the market in over 50 years! This gem offers a rare opportunity to own a beautiful home on an elevated corner lot in one of Sherman Oaks most desirable neighborhoods south of Ventura Blvd. Beautifully preserved, this home maintains much of its original charm while integrating many tasteful modern updates. WIth 4 bedrooms and 4 bathrooms, built-ins throughout, the spacious layout flows naturally from a formal entry to a large sunlit living room with a fireplace, oversized formal dining room, and chef’s kitchen with a breakfast area and wet bar perfect for entertaining. This home also features refinished original hardwood floors throughout, large bedrooms, and a beautiful backyard. The detached 2 car garage, set down elevation a short distance from the house, offers the potential for a large ADU conversion. With a prime location in an excellent school district, close proximity to many shops and restaurants and easy access to both the 101 and 405 freeways, don’t miss your chance to own a seldom seen combination of character, space, and potential.

15454 Sutton Street, Sherman Oaks

Listing courtesy of Listing Agent: Fariborz Nemani (fred.nemani@camoves.com) from Listing Office: Coldwell Banker Realty.

$2,400,000

3 Beds ⋅ 4 Baths ⋅ 25-485385 MLS

Nestled high above the road, amidst an emerald forest of mature trees, you'll discover a truly exceptional retreataffectionately known as The Round Valley Tree House. This residence has been meticulously reimagined, taken down to its framing and thoughtfully modernized with the utmost attention to detail.Boasting a soaring Modern-Farmhouse design, this home offers unobstructed panoramic views, thanks to an open-concept layout and a striking floor-to-ceiling retractable glass wall. Expansive viewing decks, wide-plank oak floors, warm recessed lighting, and sophisticated architectural features elevate the space, while the gourmet eat-in kitchen is equipped with top-tier appointments, including imported French cabinetry and premium Fisher & Paykel appliances.The upper level features a loft-style master suite, where you'll wake up to breathtaking jetliner views of the valley, mountains, and city lights below. Four uniquely designed and elegantly appointed bathrooms add to the home's refined character.The inviting outdoor spaces are equally impressive, with lush, up-lit landscaping, wraparound balconies, an alfresco dining patio, terraced gardens, and even a pair of nostalgic hammock swingseach thoughtfully positioned to capture the stunning vistas in nearly every direction.The Round Valley Tree House offers an unparalleled level of quality, sophistication, and tranquilityan exceptional lifestyle, elevated in every sense.

14600 Round Valley Dr, Sherman Oaks

Courtesy of The Executive Realty Group, Beata Mandell - CA DRE#01392993

$2,400,000

3 Beds ⋅ 4 Baths ⋅ 25485385 MLS

Nestled high above the road, amidst an emerald forest of mature trees, you'll discover a truly exceptional retreataffectionately known as The Round Valley Tree House. This residence has been meticulously reimagined, taken down to its framing and thoughtfully modernized with the utmost attention to detail.Boasting a soaring Modern-Farmhouse design, this home offers unobstructed panoramic views, thanks to an open-concept layout and a striking floor-to-ceiling retractable glass wall. Expansive viewing decks, wide-plank oak floors, warm recessed lighting, and sophisticated architectural features elevate the space, while the gourmet eat-in kitchen is equipped with top-tier appointments, including imported French cabinetry and premium Fisher & Paykel appliances.The upper level features a loft-style master suite, where you'll wake up to breathtaking jetliner views of the valley, mountains, and city lights below. Four uniquely designed and elegantly appointed bathrooms add to the home's refined character.The inviting outdoor spaces are equally impressive, with lush, up-lit landscaping, wraparound balconies, an alfresco dining patio, terraced gardens, and even a pair of nostalgic hammock swingseach thoughtfully positioned to capture the stunning vistas in nearly every direction.The Round Valley Tree House offers an unparalleled level of quality, sophistication, and tranquilityan exceptional lifestyle, elevated in every sense.

14600 Round Valley Drive, Sherman Oaks

Listing courtesy of Listing Agent: Beata Mandell (unabella9@yahoo.com) from Listing Office: The Executive Realty Group.

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Above $1 Million Sherman Oaks Real Estate