Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCondominium

5420 Sylmar Avenue 105

Sherman Oaks, CA, 91401

1 / 34View all 34 photos

$499,000

MLS: SR25246221

Beds

2

Baths

2

Sq Ft

1,172

Lot

1.30 ac

Year Built

1989

MLS #

SR25246221

Days on Market

129

Listed

Oct 27, 2025

Description

Welcome to 5420 Sylmar Ave #105! This spacious 2-bedroom, 2-bathroom condo in the heart of Sherman Oaks is ready for you to make it your own. The home features a large kitchen with a breakfast bar, dishwasher, and energy-efficient windows, along with central heat and air and an in-unit laundry room. Adjacent to the kitchen is a dedicated dining area, perfect for everyday meals or hosting friends and family. The entire unit offers elevated ceilings and plantation shutters throughout. The primary bedroom includes a large walk-in closet, while the second bedroom is located on the opposite end of the home, providing added privacy. The living room features a gas fireplace and a wet bar, creating a comfortable and inviting space. All windows face Chandler Boulevard, offering peaceful views of the eucalyptus trees. Enjoy one of the largest private balconies in the building—great for relaxing or dining outdoors. Community amenities include a pool, spa, and fitness center. HOA dues also cover earthquake insurance for added peace of mind. Tandem gated parking is included. Conveniently located near shopping, dining, and multiple supermarkets—including Ralphs—with easy access to the 101 and 405 freeways. This condo offers outstanding value in a prime Sherman Oaks location. Don’t miss this fantastic opportunity!

Location

Sherman Oaks, Los Angeles County, CA 91401

Open on Google Maps ↗

Listed by: Christina Gunn · Berkshire Hathaway HomeServices California Properties

Payment estimate

$3,766

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,759
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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 $17,465 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.

Similar Homes Nearby

Active and pending listings in ZIP 91401 (Sherman Oaks) within ±10% of this home's price and size.

Local Market Stats

See Sherman Oaks, CA 91401 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