Under ContractSingleFamilyResidence

5018 Sunnyslope Avenue

Sherman Oaks, CA, 91423

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$1,299,000

MLS: 26821301

Beds

2

Baths

2

Sq Ft

1,154

Lot

0.17 ac

Year Built

1941

MLS #

26821301

Days on Market

14

Listed

Apr 28, 2026

Description

Calling all developers, investors, or end-users! Discover the potential of this single-story fixer in coveted Sherman Oaks, situated south of Magnolia Blvd. This 2BD/2BA residence sits on 7,208 square foot lot and offers a spacious backyard with a detached garage, presenting excellent ADU potential. Whether you envision building a new home from the ground up or renovating the current structure, the possibilities are endless. Enjoy convenient access to top-rated schools, shopping at Westfield Fashion Square, and notable dining along Ventura Boulevard. This is an outstanding opportunity to craft something special in one of L.A.'s most desirable neighborhoods.

Location

Sherman Oaks, Los Angeles County, CA 91423

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Listed by: Marc Michiel · Equity Union

Payment estimate

$9,537

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $129,900 · Loan: $1,169,100

%
Principal & Interest
$7,397
Property tax (1.25%)
$1,353
Homeowners insurance
$300
Mortgage insurance
$487
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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 $45,465 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.

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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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.