15144 Morrison Street, Sherman Oaks, CA 91403
Local realty services provided by:ERA North Orange County Real Estate
15144 Morrison Street,Sherman Oaks, CA 91403
$875,000
- 2 Beds
- 1 Baths
- 1,034 sq. ft.
- Single family
- Active
Listed by: gloria carmona
Office: compass818-783-7721
MLS#:26820321
Source:CRMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$846.23
About this home
Priced for the buyer who sees the opportunity in what others don't. A rough diamond in the heart of Sherman Oaks has come to the market for first time in 43 years, and for the right investor, flipper, developer, or savvy homeowner, that single fact is enough to start building. This is a 2 bed / 1 bath ranch with bones that do the talking: original hardwood floors that refinish beautifully, vaulted beamed ceilings that define the room before a single dollar of renovation is spent, a brick fireplace, and a covered front porch framed by a mature fig tree that no amount of new construction can replicate. The lot runs deep and at the rear sits a separate structure of approximately 700 square feet that is the real conversation. No permits available, it currently has a known mold issue. Both are fully disclosed. Both are reflected in the price. And both represent exactly the kind of work that separates a good return from a great one, because, a permitted ADU on a Sherman Oaks lot is not a bonus feature, it is a cash-flowing asset. Remediate the structure, bring it to permit, and what was a liability becomes a legal income unit in one of the tightest rental markets in California. The main house sells as-is; seller disclosures available. For the investor who understands that the spread is always made at acquisition, and that the deepest value is still found in the properties that ask something of you, this is the one. The opportunity has been waiting 43 years for the right hands. The question is whether those hands are yours. Close to Sherman Oaks Galleria, All Ventura Blvd Restaurants, Hiking Trails and easy access to 101 and 405... What else could you ask for......
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Home facts
- Year built:1940
- Listing ID #:26820321
- Added:1 day(s) ago
- Updated:May 20, 2026 at 01:40 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Wood
- Kitchen Description:Gas Range
- Living area:1,034 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:1,034 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Back Yard
- Architectural Style:Ranch
- Levels:1 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$846.23
Features and amenities
- Appliances:Gas Range
- Amenities:Beamed Ceilings
Parking
- Parking description:Driveway
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