4332 Allott Avenue

Tucked behind private bougainvillea-lined gates on a charming tree-lined street in the heart of Sherman Oaks, this magical and versatile property offers the perfect blend of privacy, lifestyle, flexibility, and proven income potential just moments from Ventura Boulevard, premier dining, shopping, cafes, wellness studios, and the highly sought-after Dixie Canyon Community Charter School. Originally a 3-bedroom, 2-bath single-family residence spanning approximately 1,911 sq. ft., the residence has been thoughtfully reimagined into a duplex-style layout with separate entrances, kitchens, bedrooms, and full baths--ideal for multigenerational living, guests, roommates, live/work setups, or dual rental income, while still offering the ability to easily convert back to a traditional single-family residence.The main living quarters feature an updated chef's kitchen with stainless steel appliances, custom cabinetry, and a built-in refrigerator, while bright windows fill the spacious interiors with natural light and a warm, serene ambiance. French doors from the primary suite open to an enchanting backyard retreat with mature greenery, colorful blooms, intimate sitting areas, and flexible outdoor space perfect for entertaining, yoga, meditation, or play. Adding even more versatility is an approximately 400 sq. ft. detached garage studio conversion with full kitchen and bath (non-permitted ADU space), ideal for guests, creative space, office, Airbnb, or additional rental income.A long-standing successful Airbnb with proven rental appeal, this rare Sherman Oaks offering also includes leased solar, newer furnace, updated paint, gated off-street parking, and exceptional charm in one of the Valley's most desirable neighborhoods. A truly special MUST SEE opportunity.