Active Under Contract

15144 Morrison Street

Sherman Oaks, CA 91403
Mark as Favorite
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

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Shingle

    Flooring Information

    Wood
  • Interior Features

    BeamedCeilings, SeparateFormalDiningRoom
    Roof: Shingle
    Appliances: GasRange
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1940
    Building Area Total: 1034
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Lot Dimensions: 45x135 Main Square Feet: 6077 Lot Size Acres: 0.1395 Lot Size Square Feet: 6,077 Lot Description: BackYard

  • Listing Price Information

    Listing Price: $875000

  • Tax Information

    Parcel Number: 2263018013

  • Location Information

    Direction: Heading West on 101 take Sepulveda Exit, make right turn and right turn on Morrison! WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14557 Addison Street, Sherman Oaks, CA, 91403 $3,299,000 5 6 3,699 3,699 SqFt
5114 Cedros Avenue, Sherman Oaks, CA, 91403 $2,995,000 4 4 3,045 3,045 SqFt
14627 Huston, Sherman Oaks, CA, 91403 $2,849,000 4 5 2,426 2,426 SqFt
14722 Magnolia Boulevard, Sherman Oaks, CA, 91403 $1,595,000 4 4 3,588 3,588 SqFt
14657 Addison Street, Sherman Oaks, CA, 91403 $2,725,000 4 -- 3,414 3,414 SqFt
4641 Vesper Avenue, Sherman Oaks, CA, 91403 $2,888,888 4 5 2,935 2,935 SqFt
4508 Vesper Avenue, Sherman Oaks, CA, 91403 $2,499,000 4 4 2,623 2,623 SqFt
14526 Dickens Street, Sherman Oaks, CA, 91403 $1,995,000 6 -- 3,870 3,870 SqFt
14755 Hesby Street, Sherman Oaks, CA, 91403 $3,899,000 5 6 4,583 4,583 SqFt
14713 Valleyheart Drive, Sherman Oaks, CA, 91403 $2,395,000 5 4 5,041 5,041 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 14:28

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

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