Active

15144 Morrison Street

Sherman Oaks, CA 91403
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Bed 2

Bed

Bath 1

Bath

SqFt1,034

Sqft

SqFt6,077

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $875,000

AD Id : 78916548

MLS Id : 26820321

Beds : 2

Lot Size : 6,077 Sqft

Living Area Size : 1,034

Year Built : 1940

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Other
  • Interior Features

    Roof: Shingle Interior Features: Beamed Ceilings,Separate/Formal Dining Room Property Appliances: Gas Range Fireplace: Decorative,Living Room Flooring: Wood Furnished Description: Unfurnished
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Fireplace

    Fireplace Features: Decorative,Living Room Has Fireplace: 1

  • Building Information

    Year Built: 1940 Building Area Total: 1,034 Roof: Shingle
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1395 Lot Size Dimensions: 45x135
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6077

  • Listing Price Information

    Original List Price: 875,000 Listing Contract Date: 2026-05-19
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2263018013

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SO - Sherman Oaks Postal Code Plus 4: 1201 Directions: Heading West on 101 take Sepulveda Exit, make right turn and right turn on Morrison! Zoning: LAR1 Source Property Type: Residential Area: SO - Sherman Oaks Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 86 Common Walls: No Common Walls Property Condition: Fixer Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 1034 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14622 Huston Street, Sherman Oaks, CA, 91403 $1,699,000 5 5 2,582 2,582 SqFt
14722 Magnolia Boulevard, Sherman Oaks, CA, 91403 $1,595,000 4 -- 3,588 3,588 SqFt
14657 Addison Street, Sherman Oaks, CA, 91403 $2,850,000 4 -- 3,414 3,414 SqFt
4508 Vesper Avenue, Sherman Oaks, CA, 91403 $2,595,000 4 3 2,623 2,623 SqFt
14525 Dickens Street, Sherman Oaks, CA, 91403 $1,789,000 5 -- 2,484 2,484 SqFt
4112 Knobhill Drive, Sherman Oaks, CA, 91403 $1,897,000 3 2 2,127 2,127 SqFt
14526 Dickens Street, Sherman Oaks, CA, 91403 $1,995,000 6 -- 3,870 3,870 SqFt
4115 Knobhill Drive, Sherman Oaks, CA, 91403 $1,479,000 3 2 1,699 1,699 SqFt
14713 Valleyheart Drive, Sherman Oaks, CA, 91403 $2,575,000 5 3 5,041 5,041 SqFt
4503 Tobias Avenue, Sherman Oaks, CA, 91403 $1,785,000 4 4 2,500 2,500 SqFt

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ByOwner last updated this listing 06/15/2026 @ 01:53

MLS: 26820321 LISTED BY: Gloria Carmona, Compass 818-783-7721 SOURCE: CRMLS

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