5525 Saloma Avenue
Sherman Oaks, CA, 91411
$1,325,000
MLS: 26999535
Beds
4
Baths
3
Sq Ft
2,059
Lot
0.17 ac
Year Built
1957
MLS #
26999535
Days on Market
4
Listed
Oct 10, 2026
Description
First time on the market in over 50 years! Located in the highly desirable Magnolia Woods neighborhood of Sherman Oaks, this charming 4-bedroom, 3-bathroom home sits on an oversized 7,600-square-foot corner lot, offering wonderful potential and endless possibilities. There is 2,059 sq. ft. of living space, plus an approximately 242 sq. ft. enclosed sunroom, offering additional flexible space. This home features an updated kitchen and primary bathroom while retaining much of its original character and charm. Move right in and enjoy its warmth and character, or bring your own vision and make additional updates to create your dream home. The generous corner lot offers ample outdoor space, complemented by a two-car garage. Ideally located just down the street from the highly acclaimed Kester Avenue Elementary School and close to shopping and dining. A rare opportunity to own a home in one of Sherman Oaks' most sought-after neighborhoods and make it your own!
Location
Sherman Oaks, Los Angeles County, CA 91411
Open on Google Maps ↗Listed by: Caren Leib · Pinnacle Estate Properties
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
$10,434
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $132,500 · Loan: $1,192,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,257
- Property tax (1.25%)
- $1,380
- Homeowners insurance
- $300
- Mortgage insurance
- $497
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $46,375 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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Local Market Stats
See Van Nuys, CA 91411 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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