Welcome to this well-located 1 bedroom, 1 bathroom first-floor condominium in the heart of Sherman Oaks, offering comfort, convenience, and excellent investment potential. Situated within a gated-access community, the property features a secure and inviting environment with mature landscaping and a central courtyard setting. The unit opens to a spacious living and dining area with wood-style flooring, abundant natural light, and a cozy fireplace that adds warmth and character. Large sliding glass doors and windows enhance the airy feel while providing easy access to the outdoor surroundings. The adjacent kitchen offers ample cabinet storage, functional counter space, and a practical layout ideal for everyday living. The bedroom is generously sized with good closet space and natural light, while the bathroom includes a full tub and shower combination with a wide vanity. The unit maintains a comfortable and efficient floor plan, perfect for both owner-users and investors. Community amenities include under-building parking, an on-site laundry room, and controlled gated access for added security. Conveniently located near shopping, dining, and major transportation routes, this property presents a strong opportunity in a highly desirable Sherman Oaks location. Property will be delivered with the current tenants in place; tenant to remain the responsibility of the buyer.
For sale
Listed by: Vimvi California
$385,000
12940 Riverside Dr APT 106, Sherman Oaks, CA 91423
1beds
722sqft
Condominium
Built in 1977
-- sqft lot
$380,200 Zestimate®
$533/sqft
$465/mo HOA
What's special
Cozy fireplaceMature landscapingCentral courtyard settingAbundant natural lightFunctional counter spaceWood-style flooringGood closet space
- 51 days |
- 447 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Mark MacFarlane DRE #01795440 mark@vimvi.com,
Vimvi California,
Justin Fautsch DRE #02081966 626-669-1088,
Vimvi California
Source: CRMLS,MLS#: P1-27031
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Living Room, Dining Room
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower, Vanity
Kitchen
- Features: Laminate Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Range Hood
- Laundry: Common Area, Inside
Features
- Balcony, Separate/Formal Dining Room, Laminate Counters
- Flooring: Laminate, Tile
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Decorative, Gas, Living Room
- Common walls with other units/homes: No One Below
Interior area
- Total interior livable area: 722 sqft
Property
Parking
- Total spaces: 1
- Parking features: Controlled Entrance, Driveway, Electric Gate, Community Structure, On Street
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Wood,Wrought Iron
- Has view: Yes
- View description: Courtyard, Neighborhood
Lot
- Size: 0.29 Acres
- Features: Sprinklers In Front, Landscaped, Level, Near Public Transit, Sprinkler System
Details
- Parcel number: 2358033022
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Foundation: Raised
- Roof: Common Roof
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated
- Security: Gated Community
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Fitness Center, Maintenance Grounds
- HOA fee: $465 monthly
- HOA name: Riverside Gardens
- HOA phone: 818-646-5487
Location
- Region: Sherman Oaks
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $147,877
- Annual tax amount: $1,876
- Date on market: 5/7/2026
- Cumulative days on market: 51 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Estimated market value
$380,200
$361,000 - $399,000
$2,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $385,000+450%$533/sqft |
Source:  CRMLS #P1-27031 Report a problem | ||
| 12/3/1982 | Sold | $70,000$97/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,876 +1.4% | $147,877 +2% |
| 2024 | $1,850 +1.9% | $144,979 +2% |
| 2023 | $1,815 +5% | $142,137 +2% |
| 2022 | $1,730 +1.4% | $139,351 +2% |
| 2021 | $1,706 -0.9% | $136,620 +1% |
| 2020 | $1,720 | $135,220 +2% |
| 2019 | $1,720 +4.9% | $132,570 +2% |
| 2018 | $1,640 | $129,972 +2% |
| 2017 | $1,640 +2.4% | $127,424 +2% |
| 2016 | $1,602 +2.7% | $124,926 +1.5% |
| 2015 | $1,560 +0.7% | $123,051 +2% |
| 2014 | $1,550 | $120,641 +2.5% |
| 2012 | -- | $117,743 +2% |
| 2011 | -- | $115,435 +0.8% |
| 2010 | -- | $114,573 -0.2% |
| 2009 | -- | $114,846 +2% |
| 2008 | -- | $112,595 +2% |
| 2007 | -- | $110,388 +2% |
| 2006 | -- | $108,225 |
| 2005 | -- | $108,225 +4% |
| 2004 | -- | $104,024 +1.9% |
| 2003 | -- | $102,119 +2% |
| 2002 | -- | $100,118 +4% |
| 2000 | -- | $96,233 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Sherman Oaks
Nearby schools
GreatSchools rating
- 7/10Riverside Drive Charter Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Louis D. Armstrong Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Ulysses S. Grant Senior High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Los Angeles County
- Los Angeles
- 91423
- Sherman Oaks
- 12940 Riverside Dr Apartment 106
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