4164 Knobhill Drive / CMA

Page 1

COMPARATIVE MARKET ANALYSIS

4164 Knobhill Drive, Sherman Oaks, California 91403

PREPARED FOR

Stephen Jackson AUGUST 9, 2022

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


CONTACT ME

INTRO

Michael J. Okun Sotheby's International Realty Address

13501 Ventura Blvd

Mobile

818-415-1819

E-mail

michael@theMJOgroup.com

Web

www.theMJOgroup.com

DRE #

#01430979

Download this report (PDF)

What is this bar code? This QR code makes it easy for you to download this report to your smart phone. 1. Make sure your phone can scan a QR code with its camera. If you don't already have one, you can try http://cloudcma.com/qr on your phone's browser to download an app, or do a Google search for the model of your phone along with the term "QR reader". 2. Now use that app to scan the QR code above.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


THE VALUE OF YOUR HOME

INFO

In a neighborhood of similar homes, why is one worth more than another? That’s the question that’s teased buyers and sellers for ages, but the answer is simple.

Every home is different. When a home is sold, a willing seller and a willing buyer have just announced to the world the value of that home. From there, other similar homes are benchmarked, but other factors come into play. The most important are: Location - The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is. Size - Square footage impacts home values because they’re built using more materials. Larger lot sizes mean more privacy. Number of bedrooms and baths - Over time, median homes have grown larger. Decades ago, household members shared bedrooms and baths without complaint, but today, families want more privacy. The median home purchased today is a three-bedroom, two-bath home. Features and finishes - Features such as outdoor kitchens and spa baths make a home more luxurious. A home finished with hardwood floors and granite countertops is going to cost more than a home with carpet and laminate countertops. Condition - The closer a home is to new construction, the more it will retain its value. It’s perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less. It’s a good idea for homeowners to keep their homes updated and in top repair. Curb appeal - From the street, the home looks clean, fresh, and inviting. Fresh landscaping and flowers won’t change the size or location, but they certainly add charm. When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, or paint colors, or the overall taste of the homeowner. Valuing a home will never be an exact science, but if you buy wisely, keep your home updated and in good repair, you should recoup most if not all of your investment.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


WHAT IS A CMA?

INTRO

No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That’s where the comparable market analysis, or CMA, can be useful.

What is a CMA? The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA created? CMAs are generated by a computer program supplied by your real estate agent’s multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service’s public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer’s agents create them for their buyers so both sides know what current market conditions are for the homes they’re interested in comparing.

How accurate are CMAs? The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing – new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person inputting the search parameters to the software as well as the number and type of data fields that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional’s knowledge and advice.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


HOW CMAS CAN VARY

INFO

Whether you are buying or selling a home, your real estate professional can give you a snapshot of the local market known as the competitive or comparative market analysis or CMA. CMAs are generated from multiple listing service data. They’re convenient reports that help sellers choose a listing price and buyers to make offers on a given home. CMAs vary greatly depending on the search parameters that are input by the real estate professional, by type of home (detached vs. attached), postal code or by street, number of bedrooms, baths and living areas, square footage, and numerous other search criteria. They also tell you which homes have recently sold - six months, three months, one month, and which homes are currently on the market in the area and price range you’re interested in. As many fields of information as there are, some criteria simply can’t be listed in a CMA. If the MLS has a field for “ocean views,” you’ll know. But if not, you’ll have to learn more in the remarks section that is filled in by the listing agent. There you might find “great views.” But who is to say what makes a great view?

CMAs results may vary even between identical homes One property may simply offer better drive-up appeal or is in better condition than the other, and that will be reflected in the sales price. Last, buyer and seller motivation can’t be quantified. You don’t know why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long the home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.

CMAs are Tools For these reasons, CMAs are not home valuations. They are tools to use alongside your real estate professional’s knowledge of the market. They may have house-to-house knowledge of the market and be able to tell you why they think one home sold for more than another.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


CMAS VS APPRAISALS

INFO

Market Value Establishing a home’s market value is equally important to buyers, sellers, lenders and real estate professionals so that transactions can proceed quickly and efficiently. A real estate professional may prepare a comparative or comprehensive market analysis (CMA) for their sellers to help them choose a listing price. The CMA includes recently sold homes and homes for sale in the seller’s neighborhood that are most similar to the seller’s home in appearance, features, and general price range.

Home Value Although the CMA is used to help determine current market value, it does not establish the seller’s home value. In fact, the seller’s home is typically not even featured in the CMA. The CMA is merely a guide to help the seller learn what’s happening in their local market, so they can better understand where their home fits in term of price ranges, based on location, features and condition. Once the home is listed on the open market, a buyer makes an offer, usually based in part on a CMA the buyer’s agent has prepared. CMAs can help buyers better understand the local market as well as sellers. If the buyer is receiving financing through a bank, the bank will order an appraisal. Unlike the CMA, a bank appraisal is a professional determination of a home’s value. It’s performed by a licensed appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac.

Appraisal An appraisal is a comprehensive look at a home’s location, condition, and eligibility for federal guarantees. For example, a home that doesn’t meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as REALTORS® do. They are also members of the MLS, but they also have additional guidelines from the bank to follow that minimize risk to the bank. They may take off value for slow-moving markets, or markets with high rates of foreclosures. If prices are falling, the appraiser takes the number of days a home has been on the market far more conservatively. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn’t meet lending guidelines, the bank will decline the loan. Despite stricter lending and appraisal standards, most buyers’ loan applications go through to closing – nearly 85 percent. One reason for that is that real estate agents are preparing CMAs that are better tuned to lending standards, for sellers and buyers to better understand not only what the market is doing, but how much lenders are willing to finance.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MAP OF ALL LISTINGS

MLS #

Status

INTRO

Address

Price

4164 Knobhill Drive, Sherman Oaks, California 91403

0

Subject

1

22-180489

B

3964 Beverly Glen Blvd

$2,289,000

2

22-160109

P

15174 Encanto Dr

$1,895,000

3

BB22016114MR

S

4140 Weslin Ave

$2,100,000

4

22-115325

S

3535 Alana Dr

$2,300,377

5

22-153057

S

3648 Dixie Canyon Ave

$2,600,000

6

BB22086185MR

S

16128 Bayberry Pl

$2,302,000

7

21-797768

S

3735 Scadlock Ln

$2,525,000

8

21-773414

S

3625 Beverly Ridge Dr

$1,900,000

9

21-775658

S

3601 Dixie Canyon Ave

$2,550,000

10

SR22062465CN

S

3539 Alana Dr

$2,351,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Status: B = Active Under Contract, P = Pending, S = Sold

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


SUMMARY OF COMPARABLE PROPERTIES

INTRO

Backup Offer Listings Address

Beds

Baths

YrBlt

SqFt

Lot Size

4

5.00

1949

3,306

6,857

$2,289,000

3,306

6,857

$2,289,000

3964 Beverly Glen Blvd Averages

Price

Sold Date

Pending Listings Address 15174 Encanto Dr

Beds

Baths

YrBlt

4

4.00

1987

Averages

SqFt

Lot Size

Price

3,892

5,850

$1,895,000

3,892

5,850

$1,895,000

Price

Sold Date

Sold Listings Address

Beds

Baths

YrBlt

SqFt

Lot Size

4140 Weslin Ave

4

4.00

2001

3,525

8,808

$2,100,000

4/12/22

3535 Alana Dr

4

3.00

1968

3,156

14,034

$2,300,377

3/11/22

3648 Dixie Canyon Ave

3

4.00

2000

3,751

5,726

$2,600,000

7/11/22

16128 Bayberry Pl

4

4.00

1975

3,269

14,038

$2,302,000

6/28/22

3735 Scadlock Ln

5

5.00

1959

3,175

10,627

$2,525,000

1/5/22

3625 Beverly Ridge Dr

5

4.00

1999

3,478

15,052

$1,900,000

11/10/21

3601 Dixie Canyon Ave

4

5.00

2005

3,860

15,899

$2,550,000

11/29/21

3539 Alana Dr

4

4.00

1975

3,716

14,112

$2,351,000

5/17/22

3,491

12,287

$2,328,547

Averages

Sold Date

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


COMPARABLE PROPERTY STATISTICS

ANALYSIS

Backup Offer Listings Number of listings

1

Lowest price

$2,289,000

Average price

$2,289,000

Highest price

$2,289,000

Avg price per sqft

$692

Avg DOM

10

Pending Listings Number of listings

1

Lowest price

$1,895,000

Average price

$1,895,000

Highest price

$1,895,000

Avg price per sqft Avg DOM

$487 53

Sold Listings Number of listings

8

Lowest price

$1,900,000

Average price

$2,328,547

Highest price

$2,600,000

Avg price per sqft Avg DOM

$670 21

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


SOLD PROPERTY ANALYSIS

ANALYSIS

Address

Orig List Price

Sold Price

% of Orig List Price

DOM

$ per Sqft

4140 Weslin Ave

$2,125,000

$2,100,000

98.82%

15

$596

3535 Alana Dr

$2,480,000

$2,300,377

92.76%

21

$729

3648 Dixie Canyon Ave

$2,649,000

$2,600,000

98.15%

19

$693

16128 Bayberry Pl

$2,199,000

$2,302,000

104.68%

14

$704

3735 Scadlock Ln

$2,595,000

$2,525,000

97.30%

39

$795

3625 Beverly Ridge Dr

$1,998,000

$1,900,000

95.10%

34

$546

3601 Dixie Canyon Ave

$2,395,000

$2,550,000

106.47%

13

$661

3539 Alana Dr

$2,199,999

$2,351,000

106.86%

14

$633

$2,330,124

$2,328,547

99.93%

21

$670

Averages

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS B

MLS #22-180489

3964 Beverly Glen Blvd, Sherman Oaks

Listing information

$2,289,000 Courtesy of Sotheby's International Realty

MLS#: 22-180489

Beds: 4

SqFt: 3,306

List Date: 7/19/22

Status: Active Under Contract

Baths: 5.00

YrBlt: 1949

DOM: 10

Features Lot Size: 6857.0 Bathroom Features: 2 Master Baths, Powder Room, Remodeled, Shower and Tub Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Suite, Master Retreat, WalkInCloset Common Walls: Detached/No Common Walls Heating: Central Cooling: Central Laundry Features: Inside, Room Other Equipment: Dishwasher, Garbage Disposal, Refrigerator, Range/Oven Fireplace Features: Living Room Flooring: Engineered Hardwood, Wood Furnished: Furnished Association YN: false Interior Features: Open Floor Plan, Recessed Lighting Kitchen Features: Gourmet Kitchen, Island, Remodeled Remarks Welcome to the House of Light! A contemporary architectural vision of refined modernism. A spectacular reimagining embodying the ultimate in style while reflecting leading-edge design and polished sophistication. Rebuilt in 2015 with no detail overlooked, no expense spared. Simplicity is the new luxury as the sleek, clean lines of the exterior extend into the interior where artful form follows high function. Fusing open space with stylish details, the living and entertaining areas become one in light, luxury and comfort. Elaborate modernized baths feature the latest on trend designs. The kitchen is a perfectly scaled culinary center for the adventurous at home chef with Italian marble, Thermador induction cooktop and Miele appliances. Spacious bedrooms with customized walk-in closets accommodate the most extensive fashion collections. A fabulous rooftop deck with mountain views is th...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS B

3964 Beverly Glen Blvd, Sherman Oaks

MLS #22-180489 $2,289,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS B

3964 Beverly Glen Blvd, Sherman Oaks

MLS #22-180489 $2,289,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS P

MLS #22-160109

15174 Encanto Dr, Sherman Oaks

$1,895,000

Listing information

Courtesy of Compass

MLS#: 22-160109

Beds: 4

SqFt: 3,892

List Date: 6/2/22

Status: Pending

Baths: 4.00

YrBlt: 1987

DOM: 53

Features Lot Size: 5850.0 Common Walls: Detached/No Common Walls Heating: Central Cooling: Central Laundry Features: On Upper Level, Room Other Equipment: Dryer, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer Fireplace Features: Living Room, Master Bedroom Fireplace YN: true Fireplaces Total: 2 Flooring: Tile, Wood Furnished: Unfurnished Association YN: false Lot Size Source: Vendor Enhanced Parking Total: 2 Sewer: In Street Living Area Source: Vendor Enhanced Zoning Description: LAR1 Other Structures: Cabana Remarks Streamlined Contemporary with stunning views in coveted South Sherman Oaks. Sited on an upsloped lot, this sprawling residence offers something for everyone. From the formal entry you'll find a spacious first floor bedroom suite, which is perfect for your out of town guests but could easily double as a game room. The main level features a grand living room with soaring ceilings, focal fireplace, views of the valley, and connects seamlessly to the open concept dining and kitchen with updated cabinets, quartz counters and stainless appliances. The adjacent family room is the heart center of the home, where the whole gang can gather for a meal or movie night. The large front balcony is perfect for dining al fresco, plus two patios, a bonus room and powder bath all complete this level. Upstairs you'll find an expansive primary bedroom suite with vaulted ceiling, stacked stone fireplace, ...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS P

15174 Encanto Dr, Sherman Oaks

MLS #22-160109 $1,895,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS P

15174 Encanto Dr, Sherman Oaks

MLS #22-160109 $1,895,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #BB22016114MR

4140 Weslin Ave, Sherman Oaks

$2,100,000

Listing information

Courtesy of Beverly and Company, Inc.

MLS#: BB22016114MR

Beds: 4

SqFt: 3,525

Sold Date: 4/12/22

Status: Sold

Baths: 4.00

YrBlt: 2001

DOM: 15

Features Lot Size: 8808.0 Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Suite, WalkInCloset Common Walls: Detached/No Common Walls Community Features: Suburban Heating: Central, Zoned Appliances: Double Oven, Microwave, Oven-Gas, Range Cooling: Central, Dual, See Remarks, Zoned Laundry Features: Dryer, Dryer Included, Inside, Other, Room, Washer, Washer Included Other Equipment: Dishwasher, Dryer, Dryer Included, Inside, Microwave, Other, Refrigerator, Room, Washer, Washer Included Fireplace Features: Living Room Guest House: None Remarks Welcome to 4140 Weslin. South of Ventura Boulevard in coveted Sherman Oaks Hills. Set in an unbeatable location minutes away from highly-rated schools, close to the major studios, and easy over the hill commute to the Westside. Architectural Pacific Rim design 2-story contemporary with 10-foot HIGH ceilings, sweeping canyon, and city light views!! Well-designed layout has a bedroom and full bath on the first floor for your office, gym, or guests.Picturesque views and an abundance of natural light through the large windows. Chef's kitchen with SS Viking range & double oven, refrigerator, and stone counters. Fabulous deck with BBQ for Al Fresco dining and entertaining. Downstairs, a GENEROUS primary bedroom suite offers a sitting area, walk-in closet, luxurious bath, and French doors opening to a serene patio with views. Two additional large bedrooms with en suite full baths and conveni...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

4140 Weslin Ave, Sherman Oaks

MLS #BB22016114MR $2,100,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

4140 Weslin Ave, Sherman Oaks

MLS #BB22016114MR $2,100,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #22-115325

3535 Alana Dr, Sherman Oaks

$2,300,377

Listing information

Courtesy of eXp Realty of California Inc

MLS#: 22-115325

Beds: 4

SqFt: 3,156

Sold Date: 3/11/22

Status: Sold

Baths: 3.00

YrBlt: 1968

DOM: 21

Features Lot Size: 14034.0 Bathroom Features: Remodeled Bedroom Features: Master Suite Common Walls: Detached/No Common Walls Heating: Central Appliances: Gas Cooling: Air Conditioning, Ceiling Fan Laundry Features: Room Other Equipment: Barbeque, Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Gas Dryer Hookup Fireplace Features: Family Room, Living Room Flooring: Tile, Wood Furnished: Unfurnished Association YN: false Kitchen Features: Pantry, Counter Top, Remodeled Lot Size Source: Vendor Enhanced Lot Dimensions Source: Vendor Enhanced Parking Total: 2 Remarks Tucked away in the beautiful hills of Sherman Oaks with stunning valley views, this property offers luxury living at its finest. Live the lifestyle where you can enjoy the seclusion of this highly sought after neighborhood, while being just minutes from some of the best fine dining and boutique shopping in Sherman Oaks, Westwood and Brentwood. This gorgeous, updated contemporary home is an entertainer's dream with an open floor plan, wall-to-wall windows, high-end appliances and an outdoor deck that expands the width of the lush, forest-like backyard. The yard offers a feeling of peace and tranquility, and one of the best places to entertain. Living among nature with wandering paths, secluded sitting areas and a tree house, this home offers fantastic valley views from the living room, family room, primary suite and deck. Catch the twinkling lights in the evening and watch the firework...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

3535 Alana Dr, Sherman Oaks

MLS #22-115325 $2,300,377

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

3535 Alana Dr, Sherman Oaks

MLS #22-115325 $2,300,377

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #22-153057

3648 Dixie Canyon Ave, Sherman Oaks

$2,600,000

Listing information

Courtesy of Equity Union

MLS#: 22-153057

Beds: 3

SqFt: 3,751

Sold Date: 7/11/22

Status: Sold

Baths: 4.00

YrBlt: 2000

DOM: 19

Features Lot Size: 5726.0 Common Walls: Detached/No Common Walls Heating: Central Cooling: Central Laundry Features: Room Other Equipment: Washer, Dryer, Dishwasher, Microwave, Range/Oven, Refrigerator Fireplace Features: Living Room, Master Bedroom, Exterior Flooring: Mixed Furnished: Unfurnished Association YN: false Lot Size Source: Vendor Enhanced Parking Total: 2 Living Area Source: Other Virtual Tour: https://youtu.be/w3Q4gLvKYPg Zoning Description: LAR1 Other Structures: None Parking Features: Garage - 2 Car, Garage Is Attached Pool Features: In Ground, Heated with Gas Remarks "Hollywood glamour" home that has both amazing views as well as a pool and private oasis. Nestled in the hills of Sherman Oaks this beautiful home with jaw-dropping 180-degree views is sure to please even the most discerning buyer. The grand staircase leads up to the primary suite with a private balcony, fireplace, 2 walk-in closets and a spa-like bath. Two additional bedrooms, both ensuite and generously sized with walk-in closets, private balcony and expansive views. Downstairs, the entertainer's living room has a fireplace and open-air balcony that overlooks the San Fernando Valley. The chef's kitchen has high-end appliances and an upscale custom wood island. The spacious family room with access to the backyard maximizes indoor-outdoor living. The dramatic 18' rock waterfall, heated pool and spa, elegant gas fireplace and veranda topped off with lighting that creates your own priva...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

3648 Dixie Canyon Ave, Sherman Oaks

MLS #22-153057 $2,600,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

3648 Dixie Canyon Ave, Sherman Oaks

MLS #22-153057 $2,600,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #BB22086185MR

16128 Bayberry Pl, Sherman Oaks

Listing information

$2,302,000 Courtesy of Media West Realty,Inc.

MLS#: BB22086185MR

Beds: 4

SqFt: 3,269

Sold Date: 6/28/22

Status: Sold

Baths: 4.00

YrBlt: 1975

DOM: 14

Features Lot Size: 14038.0 Bedroom Features: All Bedrooms Up Common Walls: Detached/No Common Walls Community Features: Sidewalks Heating: Central Appliances: Microwave Cooling: Central Laundry Features: Inside Other Equipment: Dishwasher, Inside, Microwave Fireplace Features: Living Room Number Of Units Total: 1 Guest House: None Parking Total: 2 Sewer: Public Sewer Virtual Tour: https://vimeo.com/704732754 Zoning Description: LARE15 Water Source: Public Pool Features: Heated, In Ground, Private Spa Features: Private Spa YN: true View: None View YN: false Remarks ONE-OF-A-KIND OASIS! LIGHTED TENNIS COURT! HEATED POOL & JACUZZI ! Set on a peaceful cul-de-sac in the prime Royal Woods area of Sherman Oaks, this contemporary home embodies a modern design while maintaining a sense of warmth and comfort. On the main level of the house, you will find a seamless flow of living spaces including a dining room with trendy chandelier, living room with a fireplace and French doors overlooking the outside patio, kitchen with granite counters, stainless steel appliances & a center island, a cozy den, an office, and a full bathroom. The primary bedroom suite, the perfect place to relax after a long day, is on the top floor. It features an en-suite bathroom with spa tub & separate shower, walk in closet, and a large deck with delightful views of the backyard deck, pool & spa! Rounding out the top floor are two additional sizable bedrooms with a large, shared ...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #21-797768

3735 Scadlock Ln, Sherman Oaks

Listing information

$2,525,000 Courtesy of Coldwell Banker Realty

MLS#: 21-797768

Beds: 5

SqFt: 3,175

Sold Date: 1/5/22

Status: Sold

Baths: 5.00

YrBlt: 1959

DOM: 39

Features Lot Size: 10627.0 Additional Parcels YN: false Bathroom Features: Shower and Tub Covered Spaces: 2 Construction Materials: Stucco Common Walls: Detached/No Common Walls Heating: Central Appliances: Cooktop - Gas, Oven, Microwave Cooling: Central Laundry Features: Room, Inside Direction Faces: East Other Equipment: Built-Ins, Microwave, Range/ Oven, Refrigerator, Dishwasher Fireplace Features: Family Room, Living Room Fireplace YN: true Fireplaces Total: 2 Flooring: Hardwood, Mixed, Carpet Furnished: Unfurnished Guest House: None Association YN: false Horse YN: false Remarks Open and airy single level custom home featuring 5 bedrooms plus a family room with over 3100 sq. ft. Welcoming entry foyer, hardwood floors, high ceilings and skylights bring in natural light. Living and formal dining rooms with fireplace, large, separate family room / playroom has a second fireplace and surround sound. Great kitchen features a center island, Wolf 6 burner stainless steel oven/range, a large pantry and extra storage. 4 bedrooms are all together and the 5th bedroom, currently used as an office is separate and includes an en-suite bathroom. Main bedroom suite features a large walk in closet and a luxurious bath with dual vanities, large glass rain shower w/bench and a separate spa tub. Private entertainer's yard has an expansive Trex decking, lawn and garden areas plus a pool and jacuzzi. Indoor laundry room and 2 car attached garage w/direct entry to home. Many spec...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

3735 Scadlock Ln, Sherman Oaks

MLS #21-797768 $2,525,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

3735 Scadlock Ln, Sherman Oaks

MLS #21-797768 $2,525,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #21-773414

3625 Beverly Ridge Dr, Sherman Oaks

Listing information

$1,900,000

Courtesy of Berkshire Hathaway HomeServices California

MLS#: 21-773414

Beds: 5

SqFt: 3,478

Sold Date: 11/10/21

Status: Sold

Baths: 4.00

YrBlt: 1999

DOM: 34

Features Lot Size: 15052.0 Covered Spaces: 4 Common Walls: Attached Heating: Central Cooling: Air Conditioning Laundry Features: Inside Other Equipment: Alarm System, Built-Ins, Dishwasher, Ice Maker, Microwave, Washer Fireplace Features: Living Room Flooring: Hardwood, Carpet Furnished: Furnished Or Unfurnished Association YN: false Lot Size Source: Vendor Enhanced Lot Dimensions Source: Vendor Enhanced Parking Total: 4 Living Area Source: Vendor Enhanced Virtual Tour: https://my.matterport.com/show/?m=LyhNanCbDGS&mls=1&mls=1 Zoning Description: LARE15 Other Structures: None Remarks HUGE PRICE REDUCTION! Tremendous VALUE at $546/ sqft! This stunning contemporary home with panoramic sunset views and large 4 car garage is located in the perfect Sherman Oaks location! This spacious and updated 5 bedroom, 4 bath property has views from almost every room and unparalleled living space suited for many creative room configurations! Buyers will love the soaring ceilings and floor plan which are perfect for entertaining. This home features updated bathrooms with designer finishes coupled with ample closet & storage space throughout. Buyers will appreciate the cook's kitchen with large island with breakfast bar & prep sink - equipped with brand new luxury stainless refrigerator. The indoor-outdoor flow onto the three balconies are perfect and showcase the enormous westward facing sunset views. Property provides a convenient laundry room on the second level near the living ...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

3625 Beverly Ridge Dr, Sherman Oaks

MLS #21-773414 $1,900,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

3625 Beverly Ridge Dr, Sherman Oaks

MLS #21-773414 $1,900,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #21-775658

3601 Dixie Canyon Ave, Sherman Oaks

Listing information

$2,550,000 Courtesy of The Oppenheim Group

MLS#: 21-775658

Beds: 4

SqFt: 3,860

Sold Date: 11/29/21

Status: Sold

Baths: 5.00

YrBlt: 2005

DOM: 13

Features Lot Size: 15899.0 Common Walls: Detached/No Common Walls Heating: Central, Zoned Cooling: Central, Multi/Zone Laundry Features: Inside Other Equipment: Alarm System, BuiltIns, Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, Dryer Fireplace Features: Fire Pit, Dining, Living Room, Master Bedroom Flooring: Mixed, Stone, Hardwood Furnished: Unfurnished Association YN: false Lot Size Source: Vendor Enhanced Parking Total: 4 Living Area Source: Vendor Enhanced Zoning Description: LARE40 Other Structures: Gazebo Parking Features: Driveway, Garage - 2 Car Remarks Gracing the top of one of the most sought-after streets in Sherman Oaks, this 4 bed, 5 bath estate boasts impressive panoramic views of the canyons and city lights, astounding finishes and design, and over 3,800 sq. ft. of living space. The home's grand scale creates an abundance of natural light, the chef's kitchen offers sleek custom cabinetry, a huge granite island, and top-of-the-line appliances. The owner's suite features an impressive entry, enchanting valley views, and a large walk-in closet. Additional bedrooms are replete with en-suite bathrooms, oversized closets, and private balconies with canyon views. An entertainer's paradise, the upper patio opens to a fire pit and a luxurious outdoor dining area. The lower patio features a stunning saltwater pool with ample lounge space. Get in touch with nature exploring the beautifully terraced and landscaped yard with serene lounge ...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


LISTING PHOTOS S

3601 Dixie Canyon Ave, Sherman Oaks

MLS #21-775658 $2,550,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


MORE LISTING PHOTOS S

3601 Dixie Canyon Ave, Sherman Oaks

MLS #21-775658 $2,550,000

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


PROPERTY DETAILS S

MLS #SR22062465CN

3539 Alana Dr, Sherman Oaks

$2,351,000

Listing information

Courtesy of Pinnacle Estate Properties

MLS#: SR22062465CN

Beds: 4

SqFt: 3,716

Sold Date: 5/17/22

Status: Sold

Baths: 4.00

YrBlt: 1975

DOM: 14

Features Lot Size: 14112.0 Bedroom Features: Master Suite, WalkInCloset Common Walls: Detached/No Common Walls Community Features: Mountainous Heating: Central Appliances: Range Cooling: Central Laundry Features: Room Other Equipment: Dishwasher, Refrigerator, Room, Trash Compactor, Water Line to Refrigerator, Water Purifier Fireplace Features: Living Room Guest House: None Security Features: Prewired for alarm system, Security System, Smoke Detector Parking Total: 2 Sewer: Public Sewer Zoning Description: LARE15 Water Source: Public Parking Features: Garage Pool Features: None Remarks Indulge yourself to this wonderful estate located in the prestigious Royal Woods neighborhood in the hills of Sherman Oaks, this home is ready to move in. With 3,716 sqft of living space on a 14,112 sqft lot, Seller has spent thousands in upgrades. As you step inside through the double doors, you will find yourself being entertained in the game room with a custom built wet-bar. Take a few stairs up leading into the family room with a fireplace, high ceilings and floor to wall windows with a beautiful scenic view that boasts plenty of natural sunlight. A few more steps up leads you into the second floor with a formal dining room adjacent to the beautiful kitchen with stainless Viking appliances. Second floor also has 2 bedrooms and 2 bathrooms. Leading your way up to the third floor, you will find a loft with a view and built-in bookshelves, the master suite with a walk-in closet and f...

Information is deemed reliable but not guaranteed.

Michael J. Okun | Sotheby's International Realty | 13501 Ventura Blvd | Mobile: 818-415-1819 | michael@theMJOgroup.com | www.theMJOgroup.com | DRE #: #01430979


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