15123 Killion Street, Sherman Oaks, California 91411, Sherman Oaks, 91411 - 3 bed, 1 bath
ACTIVE$1,099,000
15123 Killion Street, Sherman Oaks, California 91411
3Beds
1Bath
1,070Sqft
6,183Lot
Price Vs. Estimate
The estimated value ($1,079,129.82) is $19,870.18 (1%) lower than the list price ($1,099,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location & School District: Prime Sherman Oaks location within the highly-rated Kester Elementary School District, a significant draw for families.
Top Cons:
Limited Bathrooms: With only one bathroom for three bedrooms, this could be a functional limitation for families or multiple occupants.
Compared to the nearby listings
Price:$1.10M vs avg $1.11M ($-13,250)50%
Size:1,070 sqft vs avg 1,432.5 sqft11%
Price/sqft:$1.0K vs avg $74589%
More Insights
Built in 1950 (75 years old).
Condition: Despite being built in 1950, the property has been 'beautifully updated' as stated in the description, which is strongly supported by the images. The home features an open floor plan with well-maintained hardwood floors and recessed lighting throughout. The kitchen is a highlight, boasting modern stainless steel appliances, wood cabinetry, and an island with a gas cooktop and contemporary range hood, indicating a significant renovation likely within the last 5-15 years. While no direct images of the bathroom are provided, the overall condition suggests it is move-in ready with no immediate major renovations required. The exterior and backyard also appear well-maintained, aligning with the 'Good' condition criteria.
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.14M
Price/Sqft
$1,027
HOA
-
Days on market
-
Sold On
-
MLS number
SR25118108
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Prime Sherman Oaks location in the coveted Kester Elementary School District! Beautifully updated home on a quiet, tree-lined street. Open floor plan with hardwood floors, recessed lighting, and natural light throughout. Property offers flexible use—ideal for owner-occupant or investor. ADU potential for added value. Currently operating under a short-term rental permit with strong occupancy.
Condition Rating
Good
Despite being built in 1950, the property has been 'beautifully updated' as stated in the description, which is strongly supported by the images. The home features an open floor plan with well-maintained hardwood floors and recessed lighting throughout. The kitchen is a highlight, boasting modern stainless steel appliances, wood cabinetry, and an island with a gas cooktop and contemporary range hood, indicating a significant renovation likely within the last 5-15 years. While no direct images of the bathroom are provided, the overall condition suggests it is move-in ready with no immediate major renovations required. The exterior and backyard also appear well-maintained, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Desirable Location & School District: Prime Sherman Oaks location within the highly-rated Kester Elementary School District, a significant draw for families.
Proven Income & Investment Potential: Currently operating as a successful short-term rental with strong occupancy, offering immediate income and investment flexibility.
ADU Potential: The property offers ADU potential, providing a clear path for future value appreciation and additional rental income.
Updated & Modern Interior: Features a beautifully updated open floor plan with hardwood floors, recessed lighting, and abundant natural light, enhancing its move-in ready appeal.
Flexible Use & Quiet Setting: Ideal for both owner-occupants and investors, situated on a quiet, tree-lined street, contributing to a desirable living environment.
Cons
Limited Bathrooms: With only one bathroom for three bedrooms, this could be a functional limitation for families or multiple occupants.
Compact Square Footage: At 1070 sqft for a 3-bedroom home, the interior living space is relatively small for the Sherman Oaks market.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which may suggest initial overpricing or market resistance.