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ActiveSingleFamilyResidence

5155 Costello Avenue

Sherman Oaks, CA, 91423

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$2,295,000

MLS: SR26190529

Beds

4

Baths

3

Sq Ft

2,625

Lot

0.21 ac

Year Built

1956

MLS #

SR26190529

Days on Market

11

Listed

Oct 28, 2026

Description

The element of surprise begins the moment you arrive. Tucked away on a cul-de-sac in Sherman Oaks’ coveted Fashion Square neighborhood, this stunning modernized ranch has been completely reimagined and expanded for sophisticated, effortless living. The home offers 4 Bedrooms + 3 Baths , approximately 2,625 square feet of thoughtfully designed living space, and a nearly 9,000-square-foot lot. Sun-filled rooms, refined finishes, and an expansive open floor plan set the stage for quiet mornings, lively gatherings, and memorable weekends. At the heart of the home, the gourmet kitchen is fitted with custom cabinetry, quartzite countertops, high-end stainless-steel appliances, and an oversized center island that flows seamlessly into the expansive family room and dining area. Accordion doors open to an expansive backyard designed for indoor-outdoor living, with room for a pool, sports court, or ADU. Retreat to the primary suite, featuring two separate spacious walk - in closets and a spa-like bathroom with a glass-enclosed shower, dual-sink vanity, and soaking tub. Additional highlights include: 2 car direct access garage , all-new plumbing, electrical, HVAC, roofing, and landscaping, offering modern comfort and peace of mind. More than a beautifully renovated home, this is a refined Sherman Oaks lifestyle. A must-see!

Location

Sherman Oaks, Los Angeles County, CA 91423

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Listed by: Stephen Pannesco · Coldwell Banker Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$17,544

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $229,500 · Loan: $2,065,500

%

Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$13,992
Property tax (1.25%)
$2,391
Homeowners insurance
$300
Mortgage insurance
$861
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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 Nov 5, 2026

30-year fixed
7.18%
15-year fixed
6.57%

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 $80,325 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

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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.