5050 Coldwater Canyon Ave

5050 Coldwater Cyn, Sherman Oaks, CA, 91423

Description

5050 Coldwater Canyon Ave sits in Sherman Oaks, near the intersection of Sepulveda Boulevard and Burbank Boulevard. This low-rise building has one story and holds 16 condominium units. Constructed in 1966, it offers a mix of cozy homes with sizes ranging from 1,039 to 2,704 square feet. The units typically have 2 to 4 bedrooms, catering to various living situations. Prices for units range from $875,000 to $890,000, with the lowest sold price in the past year at about $720,000. The average closed price sits around $760,000, which translates to an estimated $486 per square foot. Units spend an average of 147 days on the market before selling. The community enjoys lovely views of mountains, parks, and trees. Residents can relax by the pool or enjoy the hot tub and sauna. Amenities also include sidewalks, a fitness center, and recreational spaces for gatherings. Side-by-side parking spaces provide added convenience for residents. Nearby, places like Bamboo Village Chinese Restaurant and Rocket Grocery serve local dining and grocery needs. The location offers quick access to Ventura Boulevard’s shops and dining options, making it easy to enjoy what Sherman Oaks has to offer. Major roads and freeways facilitate travel throughout the greater Los Angeles area. The building's design supports modern living with spacious living rooms and open-concept layouts. Some units may have high ceilings, abundant natural light, and large balconies. A gym and outdoor space enhance the lifestyle for those living here. This property presents a welcoming environment for anyone looking to settle in a vibrant neighborhood.