12940 Riverside Drive 101
Sherman Oaks, CA, 91423
$499,000
MLS: 25629591
Beds
2
Baths
2
Sq Ft
1,090
Lot
0.29 ac
Year Built
1977
MLS #
25629591
Days on Market
110
Listed
Dec 18, 2025
Description
Bright and spacious street facing end unit. First level but ABOVE GROUND. 2 bed 2 bath with bar nook, dining area and a balcony off of the living room. Updated smooth ceilings, new Refrigerator and dishwasher and a 6 burner GAS stove. En-suite primary bedroom with no shared walls, glass shower, marble top vanity and a walk in closet. Large second bedroom with mirrored closets. Hall guest bath with tile floors and a pedestal sink. Gated parking garage, with tandem spot for 2 cars and storage in front. *fireplace is considered decorative. *photos with furniture are virtually staged. Convenient nearby freeway access, Whole Foods across the street with additional restaurants and shops in close proximity. Re- imagine the Bar area to fit your needs, could be an office, second closet/storage or gaming room.
Location
Sherman Oaks, Los Angeles County, CA 91423
Open on Google Maps ↗Listed by: Jennifer L · TruLine Realty
Payment estimate
$3,766
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
- Principal & Interest
- $2,759
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Sherman Oaks home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 91423 (Sherman Oaks) within ±10% of this home's price and size.
$478,000
4915 Tyrone 115
Sherman Oaks, 91423
$499,900
4487 Colbath Ave 207
Sherman Oaks, 91423
$514,999
4702 Fulton Avenue 202
Sherman Oaks, 91423
$525,000
5055 Coldwater Canyon 205
Sherman Oaks, 91423
$529,000
4358 Mammoth Avenue 14
Sherman Oaks, 91423
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.