
Sherman Oaks, California 91403
This Spanish-style residence represents a High-Potential Investment Opportunity, listed at $2,499,000—positioned above the $2,183,926 Fair Market Value. While the price reflects a premium, the property offers significant upside through modernization. With a Condition Rating of 4, the home features a solid 1927 structure, a sparkling pool, and panoramic valley views. Located in the Sherman Oaks Elementary Charter district, this asset provides a rare blend of architectural character and location. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a premier hillside estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15012 Del Gado Drive Subject | $2,499,000* List Price | 3 | 3 | 2,566 | $851 | - |
A 3831 Cody Road Sold | $1,772,000 | 3 | 3 | 2,137 | $829 | 0.6 mi |
B 14903 Valley Vista Boulevard Sold | $2,300,000 | 4 | 4 | 3,364 | $684 | 0.1 mi |
C 15454 Sutton Street Active | $2,275,000 List Price | 4 | 4 | 2,634 | $864 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is exceptionally well-maintained and staged, the kitchen and bathrooms feature finishes (tile countertops, cabinetry styles, and brass fixtures) consistent with a renovation performed over 20 years ago. The 1927 structure appears solid with functional HVAC, but the interior requires modernization to move beyond 'dated' status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13069, living area = 2566.
This 1927 Spanish-style residence features timeless details like beamed ceilings, a stone fireplace, and vibrant ceramic tiles, offering a unique charm that stands out in the Sherman Oaks market.
The property includes a dedicated lower-level entertainment lounge with a built-in bar and a detached bonus structure, providing exceptional flexibility for a home office, creative studio, or fitness room.
As a structure built in 1927, the home may require more frequent maintenance or specialized updates to its vintage systems compared to modern constructions.
The property’s hillside setting and winding staircase entry may pose accessibility challenges for some residents and limit the amount of flat, usable lawn space.
Welcome to Casa Del Gado, a distinctive Spanish-style residence nestled in the hills of Sherman Oaks, south of the Boulevard. Offering 3 bedrooms and 3 bathrooms, this inviting home blends timeless architectural character with sweeping valley and hillside views, thoughtfully designed interiors, and a seamless connection to the outdoors. A winding staircase framed by refreshed landscaping leads to a plank-wood front door accented by vibrant ceramic tile, setting the tone for the warmth and personality found throughout. Inside, natural light pours into the living room, where wood flooring, a beamed ceiling, and a rounded stone fireplace create an inviting setting for relaxing or gathering with guests. Rich wood detailing carries into the adjacent dining room, where French doors open to a tranquil courtyard, creating the perfect backdrop for indoor-outdoor entertaining. Just beyond, the well-equipped kitchen features stainless steel appliances, generous cabinetry and prep space, a cozy breakfast nook, and direct access to the surrounding grounds. The lower level enhances the home's versatility with a bonus room and a dedicated entertainment lounge featuring a built-in bar, custom cabinetry, and richly tiled accents, both overlooking the backyard and surrounding hills, while a nearby bathroom with a step-in shower adds convenience for guests and everyday living. Upstairs, three private bedrooms enjoy picturesque vistas, including a spacious primary suite with sweeping hillside views, sliding-door closets, French doors opening to a private patio, and an ensuite bathroom complete with a bathtub, tile flooring, and skylight. One secondary bedroom also opens to the patio, while the other features a charming Juliet balcony, with a well-appointed hallway bathroom serving the secondary bedrooms. Designed to embrace the quintessential California lifestyle, the outdoor areas offer multiple destinations for relaxation and entertaining, from the sparkling flagstone-lined pool framed by mature palms to the secluded courtyard ideal for alfresco dining, all set against a peaceful hillside backdrop. Additional highlights include gated pedestrian entry, a three car-garage spots, and a detached bonus structure offering exceptional flexibility as a creative studio, playroom, fitness room, or additional storage. Located within the award-winning Sherman Oaks Elementary Charter School District and Hesby Oaks Leadership Academy District, Casa Del Gado offers a rare combination of architectural charm, scenic surroundings, and effortless indoor-outdoor living, just moments from the shopping, dining, and conveniences of Ventura Boulevard with easy access to major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,566 | 2,301.595 |
| Lot Size | 13,069 | 7,836.892 |
| Price | $2.50M | $1.78M |
| Price per sq ft | $974 | $827 |
| Built year | 1927 | 1954 |
| HOA | $0 | $170 |
| Days on market | 19 | 58 |
Aug 21, 2026
$2,499,000
Initial Listing