ActiveCondominium

5055 Coldwater Canyon 205

Sherman Oaks, CA, 91423

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$525,000

MLS: SR26056288

Beds

2

Baths

2

Sq Ft

973

Lot

0.98 ac

Year Built

1973

MLS #

SR26056288

Days on Market

22

Listed

Mar 15, 2026

Description

Welcome to this modern style condo community located in desirable city of Sherman Oaks !! This 2 bedroom and 2 bathroom condo features laminated flooring throughout and tile flooring on bathrooms and kitchen. The kitchen offers stainless steel appliances and granite countertops. This cozy unit has in unit washer and dryer, central AC and heating and 2 tandem covered parking spaces. Additional highlights include private separate entrance from Coldwater Canyon, secured parking, community pool and a fitness center. Ideally located minutes from Ventura Blvd, lots of dining places, shopping, entertainment and parks.

Location

Sherman Oaks, Los Angeles County, CA 91423

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Listed by: Araceli Leva · NextHome Milestone

Payment estimate

$3,947

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500

%
Principal & Interest
$2,903
Property tax (1.25%)
$547
Homeowners insurance
$300
Mortgage insurance
$197
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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 $18,375 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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