12955 Riverside Drive 307
Sherman Oaks, CA, 91423
$589,000
Original list price: $599,000
MLS: 226001215
Beds
2
Baths
2
Sq Ft
1,369
Lot
0.72 ac
Year Built
1964
MLS #
226001215
Days on Market
90
Listed
Mar 18, 2026
Description
NEW PRICE! A rare opportunity to own a SPACIOUS AND PRIVATE TOP-FLOOR home in one of Sherman Oaks' most sought-after locations. Welcome to this BRIGHT and private CORNER residence ideally situated in the heart of Sherman Oaks. With approximately 1,369 square feet of living space, this 2-bedroom, 2-bath condominium offers an exceptional combination of space, natural light, and thoughtful layout.Freshly painted interiors and laminate flooring create a warm, move-in-ready atmosphere throughout. The OPEN CONCEPT living and dining areas are anchored by a cozy fireplace and accented with stylish wall sconces, creating an inviting setting for both relaxing and entertaining. The kitchen features an EXPANSIVE COUNTER AREA, seamlessly opening to the main living space and enhancing connection throughout the home.A central hallway leads to a spacious secondary bedroom with a full wall of closet storage and an adjacent full bathroom. Privately tucked toward the rear of the unit, the generously sized primary suite offers ABUNDANT CLOSET SPACE along with a dedicated dressing area and an additional vanity before entering the en-suite bath.As a 3RD FLOOR CORNER UNIT, the home enjoys pleasant treetop views, lots of natural light, and only ONE SHARED WALL, offering enhanced PRIVACY along with the benefit of NO NEIGHBORS ABOVE. The home also provides excellent in-unit storage, including a large interior closet suitable for additional pantry space or even a secondary refrigerator.Additional highlights include two SIDE-BY-SIDE PARKING spaces in a secure GATED GARAGE, elevator access, controlled entry, and community laundry facilities conveniently located throughout the building.Residents enjoy beautifully maintained grounds and a community pool, all just moments from Whole Foods, Ventura Boulevard's popular dining and shopping, Studio City, and convenient freeway access.
Location
Sherman Oaks, Los Angeles County, CA 91423
Open on Google Maps ↗Listed by: Agnetha Blom Heshmati · RE/MAX ONE
Payment estimate
$5,042
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $58,900 · Loan: $530,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,358
- Property tax (1.25%)
- $614
- Homeowners insurance
- $300
- Mortgage insurance
- $221
- HOA dues
- $550
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $20,615 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.
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Local Market Stats
See Sherman Oaks, CA 91423 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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