Under ContractSingleFamilyResidence

4242 Saugus

Sherman Oaks, CA, 91403

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$2,349,000

MLS: SR26095261

Beds

5

Baths

3

Sq Ft

2,854

Lot

0.22 ac

Year Built

1946

MLS #

SR26095261

Days on Market

10

Listed

May 1, 2026

Description

Nestled South of the Boulevard in one of Sherman Oaks’ most sought-after neighborhoods, this light, bright, and beautifully remodeled residence offers the perfect blend of style, comfort, and functionality where every detail has been meticulously crafted with premium finishes and thoughtful upgrades. A charming brick circular driveway with gated entry and dedicated basketball area creates an inviting front approach. Inside, the home features 5 bedrooms and 3 bathrooms, thoughtfully designed for modern living. A formal living room welcomes you with a stunning designer-tiled fireplace, seamlessly flowing into an expansive family room complete with custom built-ins ideal for both everyday living and entertaining. The chef’s kitchen is a true showpiece, outfitted with stainless steel appliances including a 48" Wolf range, Miele dishwasher, large island, custom cabinetry, wine refrigerator and elegant marble countertops. The adjacent formal dining room, enhanced by its own custom built-ins, offers effortless flow for gatherings. French doors from both the kitchen and family room open to a picturesque, park-like backyard featuring a play set, built-in BBQ, and multiple areas for dining and relaxation - perfect for indoor/outdoor California living. The spacious primary suite serves as a private retreat, boasting a spa-like bathroom and a generous walk-in closet. The additional bedrooms are thoughtfully positioned for privacy and functionality. A rare opportunity to own a turnkey home with designer touches in this prime Sherman Oaks location.

Location

Sherman Oaks, Los Angeles County, CA 91403

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Listed by: Samantha Forshpan · Coldwell Banker Realty

Payment estimate

$17,004

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $234,900 · Loan: $2,114,100

%
Principal & Interest
$13,376
Property tax (1.25%)
$2,447
Homeowners insurance
$300
Mortgage insurance
$881
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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 May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $82,215 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

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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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.