Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

4242 Stansbury Avenue 116

Sherman Oaks, CA, 91423

1 / 17View all 17 photos

$725,000

MLS: 26660737

Beds

2

Baths

3

Sq Ft

1,165

Lot

0.66 ac

Year Built

1975

MLS #

26660737

Days on Market

35

Listed

Mar 12, 2026

Description

Welcome to this charming 2-bedroom, 2.5-bath townhouse-style condo in the heart of Sherman Oaks, ideally located just steps from Ventura Boulevard in a prime location. Nestled in one of the area's most desirable pockets, this home offers the perfect blend of style, comfort, and convenience. The building was recently refreshed with a sleek exterior repaint and a brand-new roof, enhancing its curb appeal and long-term value. This move-in ready, natural light-filled corner unit features wood floors throughout the first floor and brand-new carpet upstairs. The desirable open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space ideal for both everyday living and effortless entertaining. The spacious living room is highlighted by a cozy gas fireplace, adding warmth, character, and a welcoming focal point. The thoughtfully designed two-story layout offers enhanced privacy, while both generously sized bedrooms feature en-suite bathrooms and ample closet space. Step outside to your large, completely private patio perfect for indoor-outdoor living, morning coffee or al fresco dining. Residents enjoy controlled access, a conference room, additional storage lockers, and two side-by-side assigned parking spaces in a gated subterranean garage. The well-maintained community sits on a picturesque tree-lined street and features a sparkling pool for sunny Southern California days. Just moments from trendy restaurants, boutique shopping, coffee shops, and vibrant entertainment along Ventura Boulevard, this exceptional property offers the perfect combination of location, lifestyle, and comfort in one of Sherman Oaks' most sought-after neighborhoods.

Location

Sherman Oaks, Los Angeles County, CA 91423

Open on Google Maps ↗

Listed by: David Berg · Compass

Payment estimate

$5,336

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500

%
Principal & Interest
$4,009
Property tax (1.25%)
$755
Homeowners insurance
$300
Mortgage insurance
$272
Open the full calculator →

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 $25,375 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.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access