Flip report generated Aug 3, 2025
The Flip Potential of
5416 Lemona Ave Sherman Oaks, CA
is medium.
Current Specs
4 Bed / 2 Bath
1,859 sqft
$724 per sqft
Estimated Value$1,345,000
Flip Advice
Looking at 5416 Lemona Ave in Sherman Oaks/Van Nuys, you’ve got a 4-bed, 2-bath, 1,859 sqft single-family home on a roughly 6,800 sqft lot. The neighborhood comps show homes selling between $1.19M and $1.5M, with price per sqft around $700. Your property last sold for $1.35M, which is right in line with nearby similar properties. That means there’s not much room to push the value higher with a quick flip unless you can add something unique or catch a hot market upswing.
If you’re thinking of flipping, be cautious—there’s not a big spread between purchase price and potential resale value after renovations, especially with costs these days. If you’re the current owner, focus on light, cost-effective cosmetic updates: fresh paint, landscaping, modern lighting, and staging. These can help your place stand out without breaking the bank, making it more attractive to buyers in a competitive market.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.