23
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15050 Martha
About This Property
Welcome to this well-maintained Sherman Oaks home which, has 1399sqft living, and over 6,001sqft lot, offering 3 bedrooms, 2 bathrooms, and a spacious office that can easily serve as a fourth bedroom, family room, or additional flex space. The functional floor plan is filled with natural light and is designed for comfortable everyday living.
The living room features cathedral ceilings and a vintage fireplace, creating an inviting gathering space. The expansive backyard provides ample room for outdoor living, gardening, or adding a patio to suit your needs. The backyard and corner front yard are home to a variety of mature fruit trees, offering seasonal harvests and enhancing the property's outdoor appeal. Attached 2 car garages and also easy to park many cars in the front yard of the property. This property offers security gates, spacious, open floorplan, renovated kitchen and bathrooms.
Conveniently located in the heart of Sherman Oaks, the property offers close proximity to shopping, dining, parks, schools, and easy access to major freeways. This home presents a flexible layout and opportunities for future customization nestled in Noble Estate-a well-established neighborhood.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$1,295,998
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Jul 12, 2026 | Listed by Citihome | $1,345,998 | |
| Listed by Citihome | |||
Property Highlights
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017