Portfolio Home Realty is a licensed California real estate brokerage (DRE #02232009) serving home buyers in Sherman Oaks, Los Angeles County, California. We provide full-service buyer representation and return 1% of the purchase price to the buyer as cash at closing.

How the rebate works in Sherman Oaks: The seller pays a 2.5% buyer agent commission ($35,000 on a $1.4M home). Portfolio Home Realty retains 1.5% ($21,000) and returns 1% ($14,000) to the buyer at closing.

Median home price in Sherman Oaks: $1.4M. Cash rebate on median purchase: $14,000.

Pre-qualification: Buyers should get pre-qualified before searching. Our partner iLoanCA (https://www.iloanca.com) provides free, fast pre-qualification with no credit impact.

Contact: (949) 379-5320 | mike.basti@portfoliohomerealty.com | 13763 Fiji Way, Marina Del Rey, CA 90292  ·  4000 MacArthur Blvd, Ste 600, Newport Beach, CA 92660 | DRE #02232009

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Sherman Oaks residential street with mature trees and family homes — Portfolio Home Realty buyer agent
Sherman Oaks, Los Angeles County

Buy a Home in Sherman Oaks
Get Cash Back at Closing

Portfolio Home Realty represents buyers on both sides of Ventura Boulevard — the hills, the flats and the condo corridor of Sherman Oaks — full service, with 1% of the price returned at closing. At the local median of $1.4M, that's $14,000 back. DRE #02232009.

Buyer's agents who know which side of the Boulevard fits your budget. The seller pays our commission; we return 1% of the price to you at closing. Get pre-qualified first →

$1.4M
Median Price
30 days
Avg. on Market
$14,000
Your Cash Rebate
Balanced
Market Type
Get my free rebate estimate →
📅 Last updated: May 2025  ·  Median prices reflect April 2025 market data  ·  View all buyer guides →

Buying a Home in Sherman Oaks, California

In Sherman Oaks the first question every agent asks is which side of Ventura Boulevard you're on. South of the Boulevard, streets climb toward Mulholland with custom homes, canyon views and the neighborhood's top prices; north of it, the flats hold flatter grids of ranch homes, tree-lined blocks like Chandler Estates, and the condo corridors near the Galleria. It's the Valley's most walkable dining stretch and a longtime base for entertainment-industry buyers who want more space than the Westside offers at the price.

Portfolio Home Realty's agents price those two worlds separately — a view lot off Longridge doesn't trade like a flats fixer near Kester Avenue. With the 101/405 interchange at the doorstep and a $1.4M median, many of our clients are Westside renters trading up, and our 1% rebate hands back $14,000 on a median purchase — real money against the cost of the move.

Sherman Oaks Neighborhoods & Submarkets

Sherman Oaks really breaks into a handful of submarkets split by Ventura Boulevard and by elevation. Here's how our agents read them.

South of the Boulevard

Streets rising from Ventura toward Mulholland, mixing 1950s ranches with rebuilt contemporaries. Canyon light, quieter blocks and proximity to the hills keep demand — and prices — at the top of the city's range.

Median: $1.4M

The Flats & Chandler Estates

The walkable grid north of Ventura, from the Kester corridor to leafy Chandler Estates. Ranch homes on generous lots draw families chasing yard space and strong neighborhood elementary schools; pricing swings with lot size and condition.

Varies by block

The Condo Corridor

Townhomes and condominiums clustered along Dickens, Moorpark and the Galleria. The entry point into Sherman Oaks — below the single-family median and popular with first-time buyers and downsizers wanting the ZIP code and the dining scene.

Below city median

Longridge & Royal Oaks Estates

Gated and view-lot estate pockets high in the hills, with the largest lots and the biggest custom builds. These streets command well above the city median; our agents flag which view and privacy premiums actually hold.

Above city median

What Our Agents Know About Sherman Oaks

A few things about Sherman Oaks that shape every offer we write — and that a Westside agent parachuting over the hill often misses.

A $14,000 Rebate on Valley-Sized Prices

South-of-Boulevard homes routinely clear $2M, so even a "median" Sherman Oaks deal is a large check — and 1% of it, $14,000 on a median purchase, is real money. Buyers put it toward closing costs, a rate buydown on today's payment, or renovation reserves for an older hillside home.

Balanced Citywide, Faster Where It's Turnkey

Sherman Oaks runs as a Balanced Market averaging 30 days on market, but move-in-ready homes south of Ventura and turnkey flats near the strong elementary schools still draw multiple offers and go quickly. We track new listings daily so you can move the day the right one hits.

Hillside Paperwork Is Its Own Skill

A view lot brings reports the flats never do: geology and slope studies, retaining-wall and drainage history, permit records for additions, plus HOA documents on the condo corridor. We read all of it with you — in plain English — before any contingency comes off.

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From our Blog

How the 1% Cash Back Rebate Works

Expert advice for Sherman Oaks home buyers — read our full guide.

Read →
Buyer Tip

Why You Should Get Pre-Qualified Before Searching in Sherman Oaks

Most sellers won't consider your offer without it — here's how to get it done in 5 minutes, free.

Read →
Portfolio Home Realty Buyer Tip — Sherman Oaks

On a south-of-Boulevard hillside home, budget for inspections beyond the standard — a geology or foundation review can save you six figures. And keep your financing fully underwritten, not just pre-approved: when a turnkey listing draws a crowd, iron-clad financing is what puts your offer on top.

Why Sherman Oaks Buyers Choose Portfolio Home Realty

We're not a discount portal — we're full-service buyer's agents who hand back part of the commission. In a market split block by block, that local read matters:

Knowledge of both sides of the Boulevard — hills, flats and condo corridor
Full transaction management, from view-lot inspections through escrow
Comps-backed offers calibrated to block-by-block Sherman Oaks pricing
$14,000 cash back at closing (1% of purchase price)

How the Sherman Oaks Cash Rebate Works

The seller's deal already includes a buyer-agent commission. We take our portion and rebate 1% of the price back to you at closing. On a median $1.4M Sherman Oaks home, here's the breakdown:

Get Pre-Qualified Before You Buy in Sherman Oaks

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Why pre-qualify first?

Know your real budget

Stop guessing. Get an exact number so you only tour homes you can actually buy — and negotiate with confidence.

🏆

Win in Sherman Oaks's market

Sellers won't consider offers without a pre-qual letter. In a competitive market, it's the difference between winning and losing.

Move fast when it matters

The best homes go fast. With financing lined up, you can submit an offer the same day you find the right home.

Answer a few quick questions and get your free pre-qualification letter — no commitment, no hard credit pull.

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Source: Freddie Mac PMMS via FRED

✦ What To Know Before Buying Here

  • Median home price in Sherman Oaks: $1.4M — you get $14,000 back at closing
  • Market: LA County — competitive, pre-qualification required before offers
  • Your agent: Portfolio Home Realty DRE #02232009 — full service, no trade-offs
  • Next step: Get pre-qualified free — takes 5 minutes, no credit pull

Your Rebate at Closing — $1.4M Purchase

Seller pays our commission · We share it with you

Seller pays buyer agent commission (2.5%)
$35,000
Portfolio Home Realty retains (1.5%)
$21,000
Your cash rebate at closing (1%)
$14,000

Rebate up to 1% of purchase price. Subject to lender approval.

Frequently Asked Questions — Buying in Sherman Oaks

How much cash back can I get when buying in Sherman Oaks?
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We return 1% of the purchase price at closing. On a $1.4M home — near the Sherman Oaks median — that's $14,000 back in cash. It's fully legal in California, paid out of our commission rather than added to your price, and it leaves the seller's proceeds untouched.
Does getting a rebate affect the quality of representation I receive?
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No. You get full representation — search, tours, offer strategy, negotiation, inspections (including the extra hillside and HOA due diligence Sherman Oaks often needs), and escrow. The rebate comes out of our commission, not your service.
What's the current Sherman Oaks real estate market like?
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It's a Balanced Market overall — the median sale price is $1.4M and homes average 30 days on market. But pace splits by area: turnkey homes south of Ventura and near the strong elementary schools move faster than the flats. We pull a fresh comparative market analysis for any home before you offer.

About Portfolio Home Realty in Sherman Oaks

Portfolio Home Realty is a licensed California brokerage (DRE #02232009) representing buyers across Sherman Oaks — south of the Boulevard, the flats, Chandler Estates, the condo corridor and the Longridge hills — and throughout Los Angeles County. We provide full-service buyer representation and return 1% of the purchase price as cash at closing. To reach a Sherman Oaks buyer's agent, call (949) 379-5320 or email mike.basti@portfoliohomerealty.com.

Buy in Sherman Oaks —
Get Cash Back.

Talk to a licensed Sherman Oaks buyer agent today. Free consultation, no obligation. We'll walk you through your exact rebate estimate and answer every question.

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(949) 379-5320
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Search Every Home in Sherman Oaks

Browse real-time MLS listings in Sherman Oaks and all of Southern California. Any home you buy earns you 1% cash back at closing.

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