3928 Madelia Avenue, Sherman Oaks, CA 91403
3928 Madelia Avenue, Sherman Oaks, CA 91403
Property Description
Tucked away on a generous lot in one of Sherman Oaks' most charming neighborhoods, this delightful cottage offers the warmth and character of a cozy cabin in the woods. Surrounded by mature greenery, it's the perfect retreat while remaining just minutes from the area's best shopping, dining, and entertainment. An ideal alternative to a studio or condominium, this home provides everything you need today with endless possibilities for tomorrow. Expand the existing residence to create additional living space, or take advantage of the spacious lot to design and build the custom home you've always envisioned. Whether you're looking for a peaceful starter home, investment opportunity, or future dream-home site, the choice is yours. Drive By first before asking for a showing. Please do not disturb Tenants.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Sherman Oaks · Single Family Residence
Listed 25.0% below the median closed sale of $1,200,000. Closed comps sold at 104% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 14707 Addison Street | Sherman Oaks | 1948 | 2 | 1 | 1,048 | 6,753 | $1,331 | $1.40M | 4 | 86 |
| 14822 Otsego Street | Sherman Oaks | 1948 | 2 | 1 | 1,094 | 6,753 | $1,275 | $1.40M | 9 | 86 |
| 14738 Magnolia Boulevard | Sherman Oaks | 1940 | 2 | 1 | 1,000 | 6,504 | $1,000 | $1.00M | 15 | 81 |
| 15217 Hartsook Street | Sherman Oaks | 1948 | 2 | 2 | 1,287 | 6,753 | $761 | $979,900 | 2 | 80 |
| 12922 Addison | Sherman Oaks | 1949 | 2 | 2 | 1,383 | 6,497 | $976 | $1.35M | 3 | 78 |
| Total: 5 · Average | 2.0 | 1.4 | 1,162.4 | 6,652 | $1,068.6 | $1.22M | 6.6 | |||
| Median | 1,094 | $1.35M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15419 Dickens | Sherman Oaks | 1950 | 05/29/2026 | 2 | 1 | 1,204 | 8,082 | $1.02M | $1.20M | $997 | 1.17 | 73 | 84 |
| 4069 Murietta Avenue | Sherman Oaks | 1950 | 10/07/2026 | 2 | 2 | 1,164 | 9,536 | $1.30M | $1.28M | $1,104 | 0.99 | 78 | 83 |
| 14803 Hartsook | Sherman Oaks | 1950 | 07/24/2026 | 2 | 1 | 1,173 | 4,992 | $980,000 | $1.01M | $860 | 1.03 | 21 | 83 |
| 5740 Lemona Avenue | Sherman Oaks | 1951 | 05/11/2026 | 2 | 1 | 1,391 | 6,859 | $949,900 | $1.02M | $730 | 1.07 | 53 | 82 |
| 13319 Magnolia | Sherman Oaks | 1949 | 07/24/2026 | 2 | 2 | 1,395 | 10,252 | $1.29M | $1.20M | $860 | 0.93 | 66 | 82 |
| Total: 5 · Average | 2.0 | 1.4 | 1,265.4 | 7,944.2 | $1.14M | $1.14M | $910.2 | — | 58.2 | ||||
| Median | 1,204 | $1.20M | $1.20M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.