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5320 Wortser Avenue — Sherman Oaks — 3 Beds • 3 Baths • 1,908 Sq Ft | Belmont Brokerage

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$1,998,000

$1,047/ft²

5320 Wortser Ave, Sherman Oaks, CA 91401

Property Description

Tucked away on a quiet cul-de-sac in Sherman Oaks' coveted North Hidden Woods, this is the kind of property that rarely comes on the market. Set on an expansive and unique 12,660 sq ft lot, it offers an extraordinary blend of privacy, character, history and indoor-outdoor living. Natural wood floors thru-out and soaring vaulted wood-beam ceilings in Great Room create an inviting warmth in the 2000 sq ft (appx) main residence. Freshly painted kitchen offers granite counters and a generous front-facing Breakfast Nook. Beyond the main house, the grounds unfold like a private retreat. Meandering brick paths lead to beautifully landscaped gardens inspired by California's natural beauty, while multiple outdoor seating & play areas, a spacious covered patio, sparkling pool w/removeable fence, and generous recreation space create an environment equally suited for parties or quiet mornings. Adding to the property's unique appeal is a charming detached 1020 sq ft "Guest House" that predates the main residence and was originally occupied by the builder's family while the main house was being built in the mid 50's. It features vaulted wood beam ceiling in the oversized office, a full kitchen and living room + 1 bedroom + a remodeled 3/4 bath. Buyer to investigate permits and intended use. Properties offering this level of privacy, usable land, architectural character, and incredible location are rare. This is a "Leave It To Beaver" neighborhood, where folks walk, bike and play outdoors. Close to several Houses of Worship and private parochial schools, including new Chabad pre-school, Legacy and Emek ECC. Close to canyons & freeway for Westside access and transportation. Note lot dimensions of 104 X 122 is irregular but WOW - what a big lot!

Listing provided by: Jennifer NimanDRE #00965903818-528-3200 jniman.realtor@outlook.com, Berkshire Hathaway HomeServices California Properties

MLS #: 26866675

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$472K

+52.2% ROI

Rehab + Add$357K

Est. ARV$2976K

Est. Profit+$472K

Proj. ROI52%

Sqft to Add (Expansion / ADU)+500 sqft (2,408 total sf)

Remodel Rate (Existing Space)$140/sqft ($267K total)