$1,295,000
MLS: GD26153762
Beds
4
Baths
3
Sq Ft
2,112
Lot
0.19 ac
Year Built
1947
MLS #
GD26153762
Days on Market
5
Listed
Jul 24, 2026
Description
Welcome to 5525 Costello Avenue, nestled in the highly desirable Chandler Estates area of Sherman Oaks. This updated residence offers the rare opportunity to own a home with a detached, permitted 1-bedroom, 1-bath ADU with its own address (5527 N Costello Ave). Set on a spacious lot in one of Sherman Oaks’ most coveted neighborhoods, this home offers the perfect blend of comfort, versatility, and California living. The private backyard is designed for year-round enjoyment, featuring a sparkling pool, expansive patio space, and the perfect setting for entertaining and relaxing. The detached ADU provides exceptional flexibility for multigenerational living, guest accommodations, a private home office, or rental income potential. Conveniently located just minutes from Ventura Boulevard’s premier dining, shopping, entertainment, parks, and top-rated schools, with easy access to major freeways.
Location
Los Angeles, Los Angeles County, CA 91401
Open on Google Maps ↗Listed by: Mario Bahramjian · Archetype Real Estate Group In
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
$9,624
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,500 · Loan: $1,165,500
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,490
- Property tax (1.25%)
- $1,349
- Homeowners insurance
- $300
- Mortgage insurance
- $486
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $45,325 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.
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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
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