Home for Sale at 14058 Davana Ter, Sherman Oaks, CA 91423

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14058 Davana Ter
Sherman Oaks, CA 91423

Brandon Piller with The Agency, original listing - (424) 230-3700

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Property Details

List Price:	$4,995,000
Beds:	6
Baths:	Full: 6, ½: 2
Status:	Active
SqFt:	5300 Square Feet
Agency:	The Agency
Agency Phone:	(424) 230-3700

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2022
Notes:	Tucked away in one of Sherman Oaks' most sought-after pockets, this modern three-level home offers the perfect blend of elevated design, warmth, and livability. From the moment you arrive, the modern facade makes a quiet statement with rich wood accents, expansive windows, and soft ambient lighting that invite you in with a sense of calm sophistication. Inside, the open-concept layout flows with intention. The heart of the home is a custom-designed kitchen that's as functional as it is beautiful complete with state-of-the-art appliances, an oversized island, handcrafted cabinetry, and an integrated breakfast table that makes mornings feel special. Designed for seamless indoor-outdoor living, the backyard is a private sanctuary. Enjoy a dip in the sparkling pool and spa, gather around the outdoor fireplace, or simply relax beside the tranquil water features. An elevator connects all three levels including a fully finished lower level offering a cozy family lounge, a home theatre, a guest suite, and flexible space for entertaining or unwinding. Upstairs, the primary suite is your own personal haven. Wake up to hillside views, soak in a spa-inspired bath, enjoy a custom walk-in closet, and step out onto a private balcony that feels like a breath of fresh air. Smart home technology brings ease to everyday living - control lighting, music, climate, and security with just a touch. With EV charging and solar-ready systems in place, this home is as forward-thinking as it is timeless. Just moments from the best shops and restaurants of Ventura Boulevard, this is more than a home it's a lifestyle, curated with intention.
MlsNumber:	--
ListingId:	25520537

Listing Provided By:	The Agency, original listing
Phone:	(424) 230-3700
Office Phone:	(424) 230-3700
Agent Name:	Brandon Piller
Disclaimer:	Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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