Hitting the market for the first time since being built in 1964 is this mid-century modern in the Royal Woods neighborhood of Sherman Oaks. While the five-bedroom, three-bath residence is definitely in need of a sensitive update (its remuddled kitchen is especially painful to contemplate), it's not hard to envision it becoming quite a snazzy showplace. Among its many strong selling points are high ceilings, period light fixtures, a custom terrazzo entry, a wet bar, (some) original tile and countertops, built-ins, walls of glass, a swimming pool, and spectacular Valley and mountain views. Last but not least, it's sited on a 1.19-acre lot. Asking price is a bidding-war-inciting $1.399 million.
· 15740 Castlewoods Drive [Official site]