Sherman Oaks (SO) Homes under $1.5 million

Welcome to Sherman Oaks, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its blend of suburban tranquility and urban convenience, Sherman Oaks offers an enchanting lifestyle that appeals to families, young professionals, and anyone seeking a taste of the California dream.

One of the most alluring aspects of Sherman Oaks is its diverse real estate market. For those looking to invest in homes under $1.5 million, the area boasts an impressive selection of charming properties. From cozy bungalows to modern townhomes, Sherman Oaks has something for everyone. Imagine waking up in a beautifully designed home, surrounded by lush greenery and the stunning backdrop of the San Fernando Valley.

The neighborhood is not only aesthetically pleasing but also brimming with amenities. Residents enjoy easy access to a variety of shopping and dining options along Ventura Boulevard, where trendy boutiques and delightful cafes create a lively atmosphere. For outdoor enthusiasts, nearby parks like Van Nuys-Sherman Oaks Park and the scenic trails of the Santa Monica Mountains offer ample opportunities for hiking, picnicking, and enjoying the California sunshine.

Families will appreciate the excellent schools in the area, which are known for their commitment to academic excellence. Sherman Oaks is also conveniently located near major freeways, making commuting to downtown Los Angeles and beyond a breeze.

In Sherman Oaks, you can experience the best of both worlds: a serene residential lifestyle with all the excitement of city living just around the corner. Discover your dream home in this charming neighborhood today!

Newest Sherman Oaks (SO) Homes under $1.5 million

$1,300,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

INVESTOR'S DREAM WITH ENDLESS POTENTIAL IN PRIME SHERMAN OAKS! Situated on a quiet street in a desirable Sherman Oaks location, this two bedroom, two bath home offers an exceptional opportunity to create something truly special. Set on a 6,611 SF flat, rectangular lot, the property provides a foundation for renovation, expansion, or simply adding your own personal style. The existing 1,131 SF home features a living room with a gas fireplace, stone and wood accents, and beamed ceilings that add warmth and character. Just off the living room, a spacious sun porch provides the perfect setting for entertaining, relaxing, or enjoying a quiet moment with a good book. The private, fenced backyard offers plenty of room to enjoy the outdoors and includes a storage shed and room to add a pool. A mature front yard tree provides a sense of privacy. The property also features an attached two car garage. A new electrical box was installed in 2025. With its desirable Sherman Oaks location, generous lot, existing character, and tremendous potential, this property is ready for your vision. Whether you're an investor seeking an opportunity to add value or a buyer looking to create a home tailored to your own style, the possibilities are endless. Bring your tool kit and imagination to unlock the potential of this special Sherman Oaks property. Close to Ventura Blvd restaurants, shops, Ralph's, and convenient access to the 101 freeway.

4480 Colbath Ave, Los Angeles

Courtesy of Rodeo Realty, Carla Patterson - CA DRE#01836942

12955 Riverside Dr Unit 203, Sherman Oaks

$599,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ Riverside Arms BLDG.

12955 Riverside Dr Unit 203, Sherman Oaks

Courtesy of Compass, Shannon Fenton - CA DRE#01906521

$829,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ Andover Court BLDG.

Beautifully priced, hands down the lowest price in the building for a fresh & completely updated unit. Seller wants SOLD. Prime Sherman Oaks location.. Completely Remodeled Modern Beauty. Featuring 2-bedroom, 2 custom bath in the desirable Andover Court building, this 1,666 sqft single-level residence has it all. Ideal for anyone seeking a sophisticated beautiful urban retreat. Large living room with romantic fireplace flows opens into a formal dining area, perfect for entertaining, with sliding doors that open out to a huge outdoor balcony overlooking the sparkling pool and spa. Fresh remodeled kitchen boasts stainless steel appliances, engineered stone countertops, custom backsplash, and ample cabinetry, complete with a charming breakfast nook. The large primary suite is a true haven, offering a large closet, luxurious en-suite bathroom with dual sinks & beautiful soaking tub with all modern fixtures. Great floor plan as both beds are private and on opposite sides of this incredible unit. Additional highlights include in-unit laundry, central HVAC, and two secured tandem parking spaces with extra storage in the subterranean garage. Close to Whole Foods, Westfield Fashion Square Mall, trendy restaurants, and local favorites like Hardy's Meats and Deli. This is also Studio Close. This is the best unit on the market in the most Prime Sherman Oaks Location.. Bring your toothbrush.. Dont miss this rare opportunity for under 1m in this Multi Million dollar neighborhood . This unit is on the first floor but is really on the second level.. Dont miss this beauty . Best Priced Done Condo in the neighborhood ..

4822 Van Noord Ave Unit 6, Sherman Oaks

Courtesy of Christie's International Real Estate SoCal, Todd Marks - CA DRE#01227834

$1,395,000

2 Beds ⋅ 1 Baths ⋅ ACTIVE Status

An exceptional opportunity to bring your vision to life on Otsego Street in the heart of Sherman Oaks. Set in a beautiful neighborhood, this fixer-upper offers a world of possibilities for those looking to create a home that reflects their own style and needs. Whether you choose to enjoy the home as is, thoughtfully remodel and reimagine the existing space, or explore the possibility of rebuilding something entirely new, the appeal lies in the flexibility to make it your own. From a personalized renovation to a custom home envisioned from the ground up, this property offers an exciting starting point in an inviting neighborhood. Bring your imagination and discover the potential to create your next chapter in this beautiful Sherman Oaks setting.

14822 Otsego St, Sherman Oaks

Courtesy of Coldwell Banker Realty, Milan Bachar - CA DRE#02378490

$945,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Character-rich home in a great Sherman Oaks location, surrounded by mature trees and greenery with inviting front and back yards. This two-story home features 2 bedrooms, 2 bathrooms and approximately 1,345 sq. ft. of living space. The living room has hardwood floors, a brick fireplace and a bay window, with an adjacent dining area with built-in vintage cabinetry. The kitchen has granite counters, stainless steel appliances, good cabinet space and a separate breakfast area. One bedroom and a full bathroom are located on the main level. Upstairs is a second bedroom, bathroom and open loft with a closet that can be used as a guest/third bedroom or home office. The backyard has a wonderful covered brick patio surrounded by greenery, creating a comfortable space for gardening, outdoor dining, relaxing and entertaining. A detached two-car garage provides good parking and potential for an ADU conversion. Zoned RD1.5, offering additional possibilities for an owner-user or investor. Also a great condo alternative with outdoor space and room to make it your own.

14335 Magnolia Blvd, Sherman Oaks

Courtesy of Coldwell Banker Realty, Barry Dantagnan - CA DRE#01020477

$1,439,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Well-cared-for 3BR home in the coveted Fashion Square neighborhood. Located on an idyllic tree-lined street known for peaceful strolls and neighborly exchanges. Modern open layout with the kitchen opening to the dining room and family room, and the family room opening to the backyard. Nicely finished with hardwood floors, newer windows, stone counters, and subway tiles. Zen-inspired backyard. Gated driveway leads to a two-car freestanding garage. Highly desirable Chandler School District.

4942 Stern Ave, Sherman Oaks

Courtesy of Douglas Elliman of California, Inc., Simon Salloom - CA DRE#01356271

13331 Moorpark St Unit 318, Sherman Oaks

$719,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ Sherman Village Condominium BLDG.

Welcome home to a beautifully refreshed and rare top-floor residence where light, space, and comfort come together beautifully. Soaring two-story ceilings, abundant natural light, and peaceful blue-sky views create an inviting sense of openness from the moment you walk through the door. Freshly painted and truly move-in ready, this home offers an exceptional blend of style and functionality. The spacious living and dining areas flow effortlessly into the open kitchen, creating an ideal setting for both everyday living and entertaining. Glass doors open to a private patio, providing a peaceful outdoor retreat. Upstairs, the oversized primary suite offers a wonderful sense of privacy and scale, complete with a beautifully remodeled bathroom and two generous walk-in closets. The second bedroom has been thoughtfully converted into a stylish home office with exceptional storage, creating a dedicated space to work or pursue creative interests. Originally designed as a bedroom, it can easily be converted back, offering flexibility as your needs evolve. The office is conveniently located adjacent to the guest bathroom downstairs. Additional updates include new carpet upstairs, beautiful flooring, a newer HVAC system, and updated kitchen appliances. The result is a home that feels fresh, comfortable, and effortlessly easy to live in. Beyond the residence, enjoy an impressive array of resort-style community amenities, including two sparkling pools, a relaxing sauna, a fully equipped fitness room, and a community room for gatherings and events. High-speed internet, DirectTV, and water are included, while three electric vehicle charging stations provide added convenience. For additional peace of mind, the HOA fee includes earthquake insurance covering the exterior of the building. Just outside your door, embrace the best of true California living. With a Walk Score of 88 out of 100, this highly walkable location puts an inviting mix of restaurants, coffee shops, shopping, fitness and studios, hiking paths, and pet-friendly amenities within easy reach. Convenient access to major thoroughfares makes it easy to connect to everything the area has to offer, while so much of daily life can be enjoyed on foot. With its soaring interiors, oversized primary suite, flexible office space, private patio, resort-style amenities, and exceptional walkability, this is a home designed for living well, every day.

13331 Moorpark St Unit 318, Sherman Oaks

Courtesy of Compass, Therese Hyde - CA DRE#01387864

4401 Sepulveda Blvd Unit 104, Los Angeles

$375,000

1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Oaks at Sepulveda BLDG.

Located in The Oaks at Sepulveda, this inviting first-floor unit is among the lowest-priced one-bedroom, one-bath residences currently available south of Ventura Boulevard. Offering exceptional value with low HOA dues, the home is priced to sell and ideally situated just moments from the Sherman Oaks Galleria, Whole Foods, and the neighborhood's excellent shopping, dining, and entertainment. Inside, a tiled entry with a generous storage closet opens to a bright, open-concept kitchen featuring stainless steel appliances and a breakfast bar. The kitchen flows seamlessly into the dining area and living room, where a cozy electric fireplace creates a warm and welcoming atmosphere. Sliding glass doors on either side of the unit open to two distinct outdoor spaces - a patio adjacent to the dining area and a private balcony off the living room creating an easy indoor-outdoor flow and multiple places to relax or entertain. Down the hallway, you will find the primary bedroom and a spacious bathroom featuring a jetted bathtub and newly installed vanity. Building amenities include a fitness room and community laundry conveniently located near the unit on the first floor, a controlled-access front entrance, one assigned parking space in the gated garage, and a rooftop deck offering sweeping skyline views. This is a fantastic opportunity to enjoy comfort, convenience, and exceptional value in a desirable Sherman Oaks location south of the Boulevard.

4401 Sepulveda Blvd Unit 104, Los Angeles

Courtesy of Compass, China Fox - CA DRE#02130699

$1,193,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Welcome to this contemporary, ranch style home on a quiet tree lined street in the highly sought after Kester elementary school district. Enter into an open, light filled living area, featuring wood floors, recessed lights, crown molding, fireplace and plantation shutters. The living room is open to the dining area and large updated kitchen. Granite counters, center island, stainless appliances - all make the kitchen ideal for warm gatherings.The three bedrooms all have spacious closets and the primary is ensuite with an updated bathroom and situated on one side of the home. The other 2 bedrooms share a bathroom on the other side of the living area. Additionally, there is a large bonus/playroom/den off the living room which opens to the lush, totally private grassy backyard. Perfect for dogs, kids and entertaining.Great pocket of Sherman Oaks, offering easy access to stores, restaurants on Ventura Blvd, the studios and freeways! This home qualifies for Dream Home Special financing for qualified clients who have not owned a home in the last 3 years! Ask Niki for more details.

5853 Natick Ave, Los Angeles

Courtesy of Rodeo Realty, Niki Rosenfeld - CA DRE#01199906

14923 Moorpark St Unit 101, Sherman Oaks

$739,000

2 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Park Saloma HOA BLDG.

Don't miss this bright and spacious 1,858 sq. ft. condominium in the heart of Sherman Oaks! This inviting home features two en suite bedrooms, including a primary suite with a walk-in closet, plus a versatile den that can serve as a third bedroom, a half bath, and a dedicated laundry room. Highlights include top-of-the-line appliances, a double-door entrance, a breakfast area, a large front-facing balcony, recessed lighting throughout, hardwood floors, stylish countertops, a cozy fireplace, and a built-in bar.The building has been freshly painted, and the hallways have been remodeled, creating a refreshed and welcoming atmosphere. Additional building features include a roof replaced one year ago, earthquake insurance included in the HOA, EV chargers in the garage, a brand-new intercom system, surveillance cameras throughout, and a heated community pool.Conveniently located within walking distance of restaurants, shops, supermarkets, Sherman Oaks Galleria, and Sherman Oaks Village, with easy access to the 405 and 101 freeways, this home offers an exceptional blend of space, comfort, and convenience. Schedule your private viewing today!

14923 Moorpark St Unit 101, Sherman Oaks

Courtesy of Fact Realty, Peyman Zargari - CA DRE#01872402

$857,000

2 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Townhomes on Dickens BLDG.

Tucked into a boutique 9-unit building south of the boulevard in prime Sherman Oaks, this townhouse offers space, style, and a private rooftop deck with 360-degree views - the kind of outdoor space that doesn't come along often in a building this size. Two bedrooms plus a bonus space across approximately 1,375 square feet. Step inside to a bright, open-concept living room with brand-new engineered hardwood floors, where the living and dining area fills with natural light and opens to a private balcony. The remodeled kitchen has stainless-steel appliances, crisp white cabinetry, and a breakfast bar that looks out over the whole space. Cook dinner without missing the conversation. Upstairs, both bedrooms are en-suite with walk-in closets, a rare setup at this size and a real advantage if you work from home or host guests often. The primary bath features a double vanity with a separate shower and tub. Above them sits a bonus space just off the door to the roof, big enough for a desk and a couch. Step through and you'll see what sets this one apart: an expansive private rooftop deck with views of the Hollywood Hills, the Verdugo Mountains, and the entire valley. You'll use it for dinner parties, morning coffee, and a lot of evenings that start out as just one glass of wine. A private, direct-access two-car garage, in-unit laundry, and a small, well-run HOA with healthy reserves make this a true single-family alternative. Walk to Whole Foods, Bacari, Sportsmen's Lodge, and everything else that makes this pocket of Sherman Oaks worth living in. This is a one-of-a-kind home. Make it yours while you can.

14322 Dickens St Unit 4, Sherman Oaks

Courtesy of Compass, Forrest Vickery - CA DRE#02143008

$1,260,000

5 Beds ⋅ 8 Baths ⋅ ACTIVE Status

New Price!! 13444 Burbank Blvd offers investors the opportunity to acquire a seven-unit multifamily asset in a central Sherman Oaks location, positioned along one of the San Fernando Valley's most connected east-west corridors.The property combines stable in-place income, clear rental upside, and an attractive basis in one of the Valley's most consistently desirable rental markets. Currently generating a 5.77% current cap rate, the asset offers investors a clear path to improved performance, with projected market rents supports an 8.89% market cap rate and a reduction from an 10.99x current GRM to an 8.19x market GRM. A major differentiator is the front unit, which offers a rare house-like living experience within a multifamily setting. Featuring its own private front yard and tandem parking spaces directly in front, the unit provides the feel and functionality of a standalone home while still benefiting from the income generated by the remaining units. This creates a compelling opportunity for an owner-user to occupy the front unit, enjoy a more private residential environment, and offset ownership costs through rental income.The unit mix includes a combination of 2 two bedrooms, 1 one bedroom, 4 studios layout. The property has undergone meaningful capital improvements, including a full copper pipe upgrade throughout, reducing long-term maintenance and utility costs for a new owner. Three units have been renovated within the past three years, featuring upgraded flooring, countertops, windows, and light fixtures, providing a clear renovation blueprint for repositioning the remaining units and capturing the embedded rent upside. Select units benefit from desirable tenant features including parking, front and rear access, outdoor space, patio areas, and central A/C, creating a more livable experience than typical small-unit apartment product. The value-add story is clear and measurable. Current scheduled gross income is approximately $131,916 annually, while projected market income reaches approximately $178,500 annually, representing meaningful embedded rental upside. With one single unit currently vacant, a new investor has the ability to begin improving income immediately while continuing to reposition the remaining units over time.

13444 Burbank Blvd, Sherman Oaks

Courtesy of Equity Union, Eliyahu Appel - CA DRE#01918652

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