12940 Riverside Dr Apt 106, Los Angeles, CA

About this home

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.

Listed by

Property details

Price

$385,000

Bedrooms

1

Bathrooms

1

Interior

722 sqft

Price / sqft

$533

Year built

1977

Lot size

12,471 sqft

Type

Condo

Days on market

22

Est. property tax

$2,888/yr · $241/mo · 0.75% CA avg

HOA

$465/mo

Last sold

$70,000 · Dec 1982

Estimated monthly payment

Price history

1. May 7, 2026$385,000Initial list price
2. Dec 3, 1982$70,000Sold

Location

This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.

About Los Angeles: Los Angeles (LA) is the most populous city in the U.S. state of California, and the commercial, financial, and cultural center of Southern California. With an estimated 3.88 million residents within the city limits as of 2024, it is the second-most populous city in the United States, behind New York City, and the largest city in the Western United States. The city has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.9 million people (2024). Even as its population shrinks fastest nationwide, Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is still a sprawling metropolis of over 18 million residents. (source: Wikipedia)

Climate: Average year-round temperature is 66°F with 313 dry days per year and 22.2 inches of annual rainfall.

Location

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Neighborhood (zip 91423)

This neighborhood is highly educated (40% hold a bachelor's degree) and is primarily renter-occupied (38% owner-occupied). Median age is 40.1; median household income is $104,205.

Median income

$104,205

Median age

40.1

Owner-occupied

37.9%

Bachelor's degree

40.1%

Census median home value

$1,256,200

Source: US Census Bureau American Community Survey 5-year estimates.

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