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Sold for $3,110,000 · Aug 2025

SOLD

Listed at $3,900,000

Sold

4321 Saugus Avenue, Sherman Oaks, CA 91403

Sherman Oaks, CA

MLS# 25532977

11,010 Sq Ft • Property16bd • 16ba
116 days on market

Listing Agent

Nick Astrupgaard

Listing Agent

KW Commercial Studio City

DRE #: 01893466

Brokerage: KW Commercial Studio City

Property Details

16

Bedrooms

16

Bathrooms

11,010 sqft

Square Feet

1953

Year Built

0.29 acres

Lot Size

$282

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

4321 Saugus Avenue is a 12-unit apartment building being offered for sale that has been owned by the same family for multiple generations. 4321 Saugus Avenue is located South of Ventura Boulevard and adjacent to the 405 Freeway, considered one of SFV's most prestigious and desirable rental markets, and offers easy access to an enormous and diverse set of employers. The immediate area has historically provided investors with exceptional long-term capital appreciation and wealth preservation. 4321 Saugus Avenue, built in 1953 and comprised of 11,010 SF of improvements, features oversized apartments and an ideal unit composition of eight (6) One-Bedroom | One-Bathroom units and four (4) Two-Bedroom | Two-Bathroom units. The building resides in a quiet residential neighborhood with manicured landscaping. The offering is situated on a large Corner parcel measuring 12,557 square feet. Resident amenities include parking for 11 vehicles, a common-area laundry room, gated entry, manicured landscaping, and well-kept common areas. Sherman Oaks is one of LA's most stable and desirable suburban neighborhoods. Furthermore, the subject property offers residents access to a myriad of entertainment venues, travel corridors, and dining options in and around the surrounding neighborhoods.

Listing description from the August 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2

Sale history for 4321 Saugus Avenue

1 recorded sale

$3,110,000
Sold August 2025 · listed $3,900,000, orig. $4,000,000, on market May 2025, 116 days on market · MLS #25532977 · Source: CRMLS
Listing Agent: Nick Astrupgaard · Listing Office: KW Commercial Studio City · Contact: 818-432-1500 · Bought with: Rich Johns · KW Commercial Studio City

How this sale compares

4321 Saugus Avenue sold for $3,110,000 in August 2025, 20% under its $3,900,000 list price, after 116 days on the market. It was first listed at $4,000,000. That works out to $282 per square foot on 11,010 square feet. Across 108 closed sales in 91403 over the last 12 months, the median sold price is $1,487,500 and the median is $685 per square foot, 143% above this sale's $282.

$282
This sale, per sq ft
$685
91403 median per sq ft (12 mo)
$1,487,500
91403 median sold price (12 mo)
108
Closed sales in 91403 (12 mo)
116
Days on market
−20%
Sold vs. list price
QuarterClosed sales in 91403Median sold price
Q1 202610$1,731,250
Q2 202644$1,724,500
Q3 202641$1,300,000
Q4 202613$1,326,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Sherman Oaks · Homes for sale in 91403

Recent sales near 4321 Saugus Avenue

Closed sales reported in 91403, nearest first, last 12 months. All recent sales in Sherman Oaks →

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