Under ContractSingleFamilyResidence

5036 Matilija Avenue

Sherman Oaks, CA, 91423

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$1,725,000

MLS: P1-26688

Beds

4

Baths

3

Sq Ft

2,267

Lot

0.19 ac

Year Built

1948

MLS #

P1-26688

Days on Market

7

Listed

Apr 15, 2026

Description

Welcome to this single-story home in the highly coveted Fashion Square neighborhood of Sherman Oaks. This beautifully maintained Mid-Century California ranch blends timeless charm with thoughtful modern updates, offering the best of Valley living in one of its most sought-after neighborhoods. A welcoming entry opens to a spacious living room anchored by a cozy fireplace, flowing effortlessly into an expansive open-concept living and family area. Featuring vaulted, wood-beamed ceilings, original hardwood floors, custom built-ins, and abundant natural light, the home is designed for both comfort and style. Sliding doors create a seamless indoor-outdoor connection, perfect for quintessential Southern California entertaining. The kitchen is ideal for everyday living complete with ample storage, double ovens, a 4-burner cooktop, and a bright breakfast nook for casual dining. Offering 4 bedrooms and 3 bathrooms--two of them ensuite--the layout provides flexibility and privacy. The primary suite is a true retreat, featuring a walk-in closet and a spa-inspired bathroom with dual sinks, a shower, and a soaking tub. Step outside to a secluded backyard with a covered patio, sparkling pool, and low-maintenance landscaping--perfect for relaxing or entertaining year-round. A grassy front lawn and long driveway lead to a detached garage, presenting excellent potential for an ADU or guest house conversion. Ideally located near Fashion Square Mall, Ventura Boulevard's renowned dining, shopping, and nearby parks, top-rated schools, and convenient freeway access, this exceptional home offers the perfect blend of classic character, modern comfort, and prime location.

Location

Sherman Oaks, Los Angeles County, CA 91423

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Listed by: Yennis Wong · Berkshire Hathaway Home Servic

Payment estimate

$12,283

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $172,500 · Loan: $1,552,500

%
Principal & Interest
$9,539
Property tax (1.25%)
$1,797
Homeowners insurance
$300
Mortgage insurance
$647
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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 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 $60,375 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.

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