12922 Addison, Sherman Oaks, CA 91423
12922 Addison, Sherman Oaks, CA 91423
Property Description
Prime Sherman Oaks opportunity in a highly desirable neighborhood surrounded by new construction and redevelopment. Just south of Magnolia Boulevard and west of Coldwater Canyon, this property offers an exceptional opportunity for investors, developers, contractors, or ambitious owner-users to create their own vision in one of the San Fernando Valley’s most sought-after locations. The property offers tremendous potential, with tax records showing a 2-bedroom, 2-bathroom residence, detached garage, and an additional room on site. Whether you're looking to renovate, rebuild, or explore future possibilities, this property provides a rare chance to capitalize on a premier Sherman Oaks location. Enjoy close proximity to award-winning schools, Ventura Boulevard’s renowned restaurants and shopping, Whole Foods, Erewhon, Equinox, and convenient freeway access. With excellent connectivity to the Westside, Studio City, and greater Los Angeles, the location offers both convenience and lifestyle. Bring your vision and unlock the possibilities of this exceptional Sherman Oaks property.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Sherman Oaks · Single Family Residence
Listed 12.5% above the median closed sale of $1,200,000. Price per sqft ($976) is a 16% premium to closed comps ($845).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 15217 Hartsook Street | Sherman Oaks | 1948 | 2 | 2 | 1,287 | 6,753 | $761 | $979,900 | 3 | 94 |
| 3370 Coy | Sherman Oaks | 1954 | 3 | 2 | 1,404 | 7,473 | $1,015 | $1.43M | 42 | 89 |
| 14335 Magnolia Boulevard | Sherman Oaks | 1947 | 3 | 2 | 1,345 | 3,805 | $703 | $945,000 | 13 | 89 |
| 5420 Columbus Avenue | Sherman Oaks | 1949 | 3 | 2 | 1,572 | 6,758 | $760 | $1.20M | 3 | 89 |
| 4942 Stern Avenue | Sherman Oaks | 1948 | 3 | 2 | 1,615 | 6,276 | $891 | $1.44M | 17 | 87 |
| Total: 5 · Average | 2.8 | 2.0 | 1,444.6 | 6,213 | $826 | $1.20M | 15.6 | |||
| Median | 1,404 | $1.20M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5646 Norwich Ave. | Sherman Oaks | 1950 | 09/01/2026 | 2 | 2 | 1,392 | 6,891 | $1.25M | $1.24M | $887 | 0.99 | 49 | 96 |
| 14418 Collins Street | Sherman Oaks | 1949 | 07/21/2026 | 2 | 2 | 1,398 | 6,278 | $1.20M | $1.20M | $858 | 1.00 | 60 | 95 |
| 13319 Magnolia | Sherman Oaks | 1949 | 07/24/2026 | 2 | 2 | 1,395 | 10,252 | $1.29M | $1.20M | $860 | 0.93 | 66 | 92 |
| 5701 Tobias | Sherman Oaks | 1941 | 08/21/2026 | 2 | 2 | 1,453 | 6,728 | $1.02M | $990,000 | $681 | 0.97 | 34 | 92 |
| 13903 Hesby Street | Sherman Oaks | 1948 | 07/24/2026 | 3 | 2 | 1,414 | 6,008 | $1.29M | $1.32M | $937 | 1.02 | 36 | 90 |
| Total: 5 · Average | 2.2 | 2.0 | 1,410.4 | 7,231.4 | $1.19M | $1.19M | $844.6 | — | 49 | ||||
| Median | 1,398 | $1.20M | $1.20M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.