Numbers

🤷🏽 $870,000 Asking
🚧 $60,000 Rehab
🤑 $1,150,000 ARV

This 3 bed, 1 bath home is your chance for a quick flip 💸. It’s in Sherman Oaks, a high-demand spot 🎯. The curb appeal? Already locked in. You’ve got lush landscaping 🌿, a big backyard 🌳, and a deck 🍔🔥 that’s perfect for BBQs and outdoor hangs 🎉. You don’t need to build the dream—you just need to polish it.

🏠 Upgraded kitchen with stainless steel appliances? ✅
🚪 French doors leading to the backyard? ✅
🔥 Fireplaces in the living room and back bedroom? Double ✅

This home’s got fresh paint 🎨, original hardwood floors in the living room 🌟, carpet in the bedrooms 🛏️, and central AC/Heat ❄️🔥 already installed. That’s half the battle. Just need a little rehab 🛠️ to turn this into a massive win 🏆.

Why this is a deal:

• Mid-century charm means buyers will fall in love with it 💕 after minimal upgrades.
• Prime location—easy access to Ventura Blvd, Burbank Blvd, and the 405 🚗💨.
• Kester Ave. Elementary is walking distance—perfect for families 👨‍👩‍👧‍👦.

🔑 You know what this means. You’re getting this property below its real value 💣. Put in the $60k rehab and you’re looking at an ARV of $1.15M 🏦.

Sold Comps

$1,350,000
https://www.zillow.com/homedetails/12952-Huston-St-Sherman-Oaks-CA-91423/20021525_zpid/ 

$1,220,000 (NOT REHABBED)
https://www.zillow.com/homedetails/5549-Ventura-Canyon-Ave-Van-Nuys-CA-91401/20014897_zpid/ 

$1,010,000 (NOT REHABBED)
https://www.zillow.com/homedetails/14000-Otsego-St-Sherman-Oaks-CA-91423/19985794_zpid/? 

Active Comps

$1,150,000 (UNDER CONTRACT / PARTIAL REHAB)
https://www.zillow.com/homedetails/5549-Ventura-Canyon-Ave-Van-Nuys-CA-91401/20014897_zpid/ 

$1,150,000 (NOT REHABBED)
https://www.zillow.com/homedetails/5934-Murietta-Ave-Van-Nuys-CA-91401/19973702_zpid/ 

$1,050,000 (DATED DESIGN)
https://www.zillow.com/homedetails/14934-Martha-St-Van-Nuys-CA-91411/19971949_zpid/