4
Bedrooms
Sold for $1,600,000 · Mar 2025
SOLDListed at $1,650,000
Sherman Oaks, CA
MLS# SR24243643
Shira Dunn
Listing Agent
Keller Williams Luxury
DRE #: 02100807
Brokerage: Keller Williams Luxury
4
Bedrooms
4
Bathrooms
3,188 sqft
Square Feet
1940
Year Built
6,754 sqft
Lot Size
$502
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Incredible opportunity for DEVELOPERS and INVESTORS! Nestled on a charming tree-lined street in one of Sherman Oaks’ most desirable neighborhoods, this property boasts endless potential. The main house offers approximately 3,200 square feet of living space, featuring 4 spacious bedrooms and 4 bathrooms, providing ample room for customization or redevelopment. Additionally, the property includes a detached guest house, ideal for rental income, a home office, or extended family accommodations. With its premium location and generous lot size, this property presents a perfect canvas to renovate, reimagine, or rebuild to maximize its value. Close to top-rated schools, upscale dining, shopping, and easy freeway access, the convenience of this location cannot be overstated. Whether you’re looking to create a dream home or a high-yield investment, this property is a rare find in Sherman Oaks. Act quickly—opportunities like this don’t last long!
Listing description from the March 2025 sale, as reported to CRMLS.
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1 recorded sale
4825 Lemona Avenue sold for $1,600,000 in March 2025, 3.0% under its $1,650,000 list price, after 2 days on the market. That works out to $502 per square foot on 3,188 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, 36% above this sale's $502. 4-bedroom rentals in 91403 currently list at a median of $12,700 a month (34 listings).
| Quarter | Closed sales in 91403 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $1,731,250 |
| Q2 2026 | 44 | $1,724,500 |
| Q3 2026 | 41 | $1,300,000 |
| Q4 2026 | 13 | $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
Closed sales reported in 91403, nearest first, last 12 months. All recent sales in Sherman Oaks →
4825 Lemona Avenue
Contact Shira Dunn
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Contact Listing Agent
Keller Williams Luxury
DRE #02100807
Contact information is not available for this listing.