Attention investors and visionaries! This vacant condo offers endless potential. Bring your contractor and imagination to reimagine this space into a modern retreat or profitable investment. On the market for the first time in nearly 40 years, this 2-bedroom, 2-bath end unit with 1,318 sqft and no common walls offers a rare opportunity south of the Boulevard in Sherman Oaks. This character-filled fixer is perfect for buyers ready to create their dream home or investors seeking their next project. Flooded with natural light, the residence features oversized windows in the living room and primary suite, spacious living areas, and a decorative fireplace. Recent upgrades include a new HVAC system installed in June 2024, new paint throughout, along with new garbage disposal. The private patio offers endless potential for entertaining, relaxing, or creative design. Community amenities include 2-car tandem parking, pool, jacuzzi, sauna, and a recreation room. Set in a quiet, tree-lined neighborhood with easy access to the 405/101 and just moments from eclectic shops, renowned eateries, and vibrant entertainment options that make Sherman Oaks such a desirable neighborhood! Don’t miss this rare gem at an exceptional value! *Comparable remodeled units in the community have sold in the $800Ks, giving you room to build instant equity. This is a rare chance to buy below market and design to your taste!
Property Details
Price:
$615,000
MLS #:
SR25207590
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
so
Listed Date:
Sep 9, 2025
Finished Sq Ft:
1,318
Lot Size:
13,613 sqft / 0.31 acres (approx)
Year Built:
1973
See this Listing
Schools
School District:
Los Angeles Unified
Elementary School:
Sherman Oaks
Middle School:
Van Nuys
High School:
Van Nuys
Interior
Appliances
DW, GD, EO, ER, HOD
Bathrooms
2 Full Bathrooms
Cooling
CA, GAS
Flooring
LAM, CARP
Heating
CF, FIR
Laundry Features
AR, CM
Exterior
Architectural Style
SEE, TRD
Community Features
SDW, SL, SUB, CRB, CW, BIKI
Construction Materials
STC, DWAL
Exterior Features
AW, LIT
Parking Spots
2
Roof
COM
Security Features
CRD, FSDS, GC
Financial
HOA Fee
$565
HOA Frequency
MO
Map
Community
- AddressBenefit ST #205 Lot 2971 Sherman Oaks CA
- CitySherman Oaks
- CountyLos Angeles
- Zip Code91403
Market Summary
Current real estate data for Condo in Sherman Oaks as of Nov 21, 2025
30
Condo Listed
41
Avg DOM
539
Avg $ / SqFt
$711,952
Avg List Price
Property Summary
- Benefit ST #205 Lot 2971 Sherman Oaks CA is a Condo for sale in Sherman Oaks, CA, 91403. It is listed for $615,000 and features 2 beds, 2 baths, and has approximately 1,318 square feet of living space, and was originally constructed in 1973. The current price per square foot is $467. The average price per square foot for Condo listings in Sherman Oaks is $539. The average listing price for Condo in Sherman Oaks is $711,952.
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