15123 Killion Street, Sherman Oaks, California 91411, Sherman Oaks, 91411 - 3 bed, 1 bath
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Sherman Oaks, California 91411
This property presents a High-Potential Investment Opportunity with a List Price of $1,120,000—positioned above the $982,487 Fair Market Value by 13%. While the price reflects the premium location in the Kester Elementary School District, the Fair Condition Rating (4/10) and 1,070 sqft footprint highlight significant value-add potential. Featuring a large 6,183 sqft lot with ADU potential and a current short-term rental permit, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to modernize a classic 1950s home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15123 Killion Street Subject | $1,120,000* List Price | 3 | 1 | 1,070 | $918 | - |
A 5623 Cedros Avenue Sold | $930,000 | 3 | 1 | 1,148 | $810 | 0.5 mi |
B 5931 Tobias Sold | $910,000 | 2 | 1 | 921 | $988 | 0.8 mi |
C 5731 Vista Del Monte Avenue Sold | $1,155,000 | 3 | 2 | 1,268 | $911 | 0.8 mi |
D 14728 Mccormick Street Sold | $1,000,000 | 3 | 2 | 1,353 | $739 | 0.6 mi |
E 5839 Tobias Sold | $965,000 | 3 | 1 | 974 | $991 | 0.7 mi |
F 5512 Bevis Avenue Pending | $1,150,000 List Price | 3 | 2 | 1,300 | $885 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property is over 70 years old and shows significant dating, particularly in the fireplace design and the weathered exterior pergola. While it features some updates like recessed lighting and hardwood floors that allow for its current use as a short-term rental, the listing's emphasis on the 'opportunity to build a new custom home' confirms the structure is dated and requires substantial modernization.
Situated in the highly coveted Kester Elementary School District on a quiet, tree-lined street, ensuring strong long-term value and high demand from families.
The property offers significant upside with ADU potential for additional income, a current short-term rental permit, or the opportunity to develop a new custom home on a 6,183 sqft lot.
Features a light-filled open floor plan with classic hardwood floors and recessed lighting, providing a contemporary and move-in-ready feel.
With three bedrooms but only one bathroom, the layout may be inconvenient for modern families and could limit the property's appeal compared to multi-bath homes in the area.
At just 1,070 square feet, the interior living space is relatively compact for the $1.12M price point, potentially feeling cramped for larger households.
Prime Sherman Oaks location in the highly sought-after Kester Elementary School District, situated on a quiet, tree-lined street. This light-filled home features an open floor plan with hardwood floors, recessed lighting, and abundant natural light throughout. The property offers flexible opportunities for both owner-occupants and investors. Excellent ADU potential for additional income or the opportunity to build a new custom home. Currently operating with a short-term rental permit
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,070 | 2,347 |
| Lot Size | 6,183 | 8,485 |
| Price | $1.12M | $1.81M |
| Price per sq ft | $1.0K | $827 |
| Built year | 1950 | 1956 |
| HOA | $0 | $0 |
| Days on market | 44 | 58 |
Jun 8, 2026
$1,120,000
Initial Listing
Dec 18, 2024
$840,000
Public Record
Sep 2, 1997
$170,000
Public Record