ActiveResidential · sale

4447 Calhoun Avenue

Sherman Oaks, CA 91423

$2,199,000

  • 6 beds
  • 4 baths
  • 3,168 sq ft
  • 0.16 acres
  • Built 2008

Listed by Compass · MLS #25591993

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4447 Calhoun Avenue, Sherman Oaks, CA 91423 · MLS #25591993

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2008.

Property size

0.16 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set on a quiet, tree-lined street in the highly coveted Library Square neighborhood of Sherman Oaks, this custom-built 2008 estate offers exceptional privacy, versatility, and a world-class three room recording studio for audio and video. With 3,168 sq ft of living space, the two-story home features 6 bedrooms and 4 bathrooms 3 beds/2 baths on each level making it ideal for either single family, multi-generational living, rental income or live/work versatility. The rear structure boasts a four hundred square foot studio space above with full kitchen and bath and the recording facility below, adding an additional bedroom and two more baths for a total of 7 bedrooms and 6 baths. Both levels in the main house are flooded with natural light and offer soaring 10 ft ceilings, recessed lightin and a bright, open feel. Finishes include rich hardwood and travertine floors, modern kitchens with granite countertops, top-of-the-line stainless steel appliances, walk-in pantries, breakfast bars and a cozy fireplace. Bathrooms showcase stone flooring and sleek frameless glass shower surrounds. The entire home is "smart home equipped" - almost every dimmer, ceiling fan, door lock, HVAC, alarm sensor and irrigation control can be remotely supervised. Each level enjoys its own primary suite and private entrance, with easy interior access between floors as well as exterior entry. Washer and dryer have access located on the shared first floor. Outdoors, the gated property includes a large grassy backyard with mature fruit trees, room for a pool and additional gated parking. The detached 2-car garage has been transformed into a state-of-the-art professional grade multi-room recording studio, complete with a dedicated bath/shower and high speed satellite and fiber-optic internet service. Above it is a 400 sq ft studio with kitchen, bath and its own dedicated ground level laundry facilityperfect for a home office, guest, or a creative retreat. A rare opportunity to own a turnkey income-generating property or a flexible family estate in one of Sherman Oaks' most desirable neighborhoods. Conveniently close to renowned dining, outstanding shopping and just a short drive to the Westside, beaches and freeways. Create your California lifestyle.

THE NEIGHBORHOOD

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4447 Calhoun Avenue, Sherman Oaks, CA 91423

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2008
Full baths
4
Half baths
0
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Flooring
Wood
Pool
No
Pool features
None
Spa
No
Zoning
LAR1
Parcel
2265018042

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$9,162.50
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #25591993 · California Regional MLS

Listing brokerage: Compass
Listing agent: Rose Ferraro Fahey

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.