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$3,299,000

Beds
3
Baths
2.0
sq ft
2,148

4033 Cody Rd, Sherman Oaks, CA 91403

4033 Cody Rd

Sherman Oaks, CA 91403

  • 108 days on market
Nestled in the hills above Sherman Oaks, this property offers one of the largest usable lots in the area and is highlighted by breathtaking panoramic views of the Valley. Take advantage of this unique development opportunity to build your dream home on a private corner lot. Plans, renders and reports have been prepared for a 9,126 sf house with 7 bedrooms and 9 bathrooms. Alternatively, the existing mid-century modern classic home, with three bedrooms and two bathrooms, is move-in ready. It features an entertainer's floor plan with a grand living room, formal dining room and spacious eat-in kitchen. The luxurious primary suite boasts a custom walk-in closet and spa-like bath. Soak in the stunning views from the sprawling backyard retreat, complete with a large grassy yard, ample patio space and glass enclosed cabana. Enjoy quick and easy access to everything the Valley and Westside have to offer, making this area highly desirable. Many variable options with property to consider.

Details

Property type

Single Family Residence

Est. home value

$2,420,969

Lot size

0.923 acres

Price per sq ft

$1,536

Year built

1954

HOA

No

Price History

11/01/2024
CRMLS

CRMLS #SR24156410

Listed
$3,299,000
10/07/2024
CRMLS

CRMLS #SR24156410

Removed
$3,299,000
07/30/2024
CRMLS

CRMLS #SR24156410

Listed
$3,299,000
+37.46%

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Sherman Oaks

Middle school: 

Van Nuys

High school: 

Van Nuys

Community features: 

Suburban

High school district: 

Los Angeles Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,144,506
Asking price
$3,299,000
Closing costs (~8% of asking)
-$263,920
Est. remaining loan balance
-$1,890,574
Cash to seller
$1,144,506

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

August 2022

Original loan amount

$1,920,000

Est. remaining balance

$1,890,574

Interest rate

5.78%

Loan type

New Conventional, 40 year

Seller

Spartak Ter Arsenyan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 7:45 PM

Listing updated: 11/01/2024 at 2:05 PM

Listed by: Dennis Chernov, The Agency Phone #: (424) 230-3700

MLS: CRMLS #SR24156410

CRMLS logo

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