Sherman Oaks, CA, May 24, 2015 --(PR.com
)-- David Hitt and Ronald Shore of Keller Williams Los Feliz have just helped a first-time buyer to purchase a townhome in the Sherman Oaks area of Los Angeles for $500,000, or $336 per square foot. They had the unit under contract before it even hit the MLS. The townhome purchase began on the 25th of February and escrow closed the 10th of April. The client was referred to Hitt and Shore from a Keller Williams agent out of state.
The townhome is located in a complex on Riverside Drive and Ranchito Avenue across from the Sherman Oaks Westfield Fashion Square Mall. This lovely complex, built in 1975, contains 40 units and a pool.
The 2 bedroom, 2 ½ bath, 2 story townhome is measured at 1,486 square feet, and boasts a 2 car attached garage, patio, balcony, and gas fireplace.
The number of active condo/townhome listings in Sherman Oaks 91423 is 13, with median price of $449,000. The median number of days active properties have been listed is 32. This is significantly shorter than the national average. The number of sales in April decreased by 1% from the previous month.
For the zip 91423, 25% of the residents have received a Graduate Degree. 40% of the residents have received a Bachelor’s Degree as their highest degree received. 10% of the residents have received an Associate’s Degree.
The median age of residents in Sherman Oaks 91423 is 34, 41% of which are married.
Per the LAUSD Website, this home is located within the Chandler Elementary School boundaries and is .61 miles from it. Chandler Elementary features grades K-5th and has 529 students. The school is reported to have 22 students per teacher and has a GreatSchools Rating of 8. In addition, this home is located inside the boundaries for Robert A Millikan Middle School and is .62 miles from it. Robert A Millikan Middle features grades 6th-8th and has 2,300 students. The school is reported to have 35 students per teacher and also has a GreatSchools Rating of 8.
Information contained herein is deemed reliable but not guaranteed. Square footage is approximate and per assessor. Listing/home sales information and demographic statistics are per tax assessor records. Consumers should independently verify information with applicable sources.
David Hitt and Ronald Shore of Keller Williams Realty Los Feliz joined forces in 2014. They quickly became one of the top producing teams in their office and have been awarded a top production award. Together they have almost 30 years of combined experience. Ronald has worked as the Team Leader/CEO of a Keller Williams office for 3 years plus he has a background in Interior Design and experience in the Entertainment Industry. David has worked as the Office Training Director for many years while at another firm and has served on the board of the Los Angeles Gay and Lesbian Chamber of Commerce. If you are thinking about buying, selling or investing in Sherman Oaks or Los Angeles County Real Estate call the team that puts you first! (818)422-1702 or (310)339-3094 www.RonandDavid.com