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15144 Morrison Street, Sherman Oaks, CA 91403

$875,000 Approx. USD 2 beds, 1 baths
1,034 sqft

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Photo of Michael Tunick

Marketed By Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Listing Agent

Gloria Carmona | gloria@gloriacarmona.com
Lic#: 01832843
Broker: Courtesy of Compass
Phone: 323-350-8686

Agent Remarks

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...

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active Under Contract

MLS# 26820321

Price: $875,000

Beds: 2

Baths: 1 (1 full)

Decorative,Living Room fireplaces

Built in 1940

1,034 sqft

1 story

0.14 acres

Lot size: 0.1395

County: Los Angeles

Property style: Ranch

Zoning: LAR1

Interior features: Beamed Ceilings,Separate/Formal Dining Room

Appliances: Gas Range

Parking description: Driveway

Lot description: Back Yard

Heating/cooling: Wall/Window Unit(s)

MLS area: SO - Sherman Oaks

Furnished: Unfurnished

Last Updated: 7/21/2026

Days On Market (DOM): 63

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This listing belongs to the SO - Sherman Oaks MLS area

The style of this listing is Ranch.
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Lat/Long: 34.160045, -118.463354.
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Previous Listing

Photo of Michael Tunick

Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423