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15129 Otsego Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 4 bath

15129 Otsego Street, Sherman Oaks, California 91403 home-pic-0
ACTIVE$1,999,000
15129 Otsego Street, Sherman Oaks, California 91403
5Beds
4Baths
3,335Sqft
6,873Lot

Price Vs. Estimate

The estimated value ($1,498,813.59) is $500,186.41 (25%) lower than the list price ($1,999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Sherman Oaks Location: Situated in a highly desirable neighborhood, offering excellent access to shopping, dining, and major freeways.
Top Cons:
Need for Modernization: The home 'could benefit from modern updates,' indicating that interior finishes and aesthetics may be dated and require renovation to meet current market expectations.

Compared to the nearby listings

Price:$2.00M vs avg $2.10M ($-101,000)43%
Size:3,335 sqft vs avg 2,699.5 sqft63%
Price/sqft:$599 vs avg $81013%

More Insights

Built in 1991 (34 years old).
Condition: Built in 1991, this property is well-maintained and functional, but its interior, particularly the kitchen and bathrooms, reflects styles from the 90s/early 2000s. The kitchen features light wood cabinets, granite countertops, and some older appliances, while bathrooms have dated vanities and tile work. The description explicitly states the home 'could benefit from modern updates' and offers an 'opportunity to customize,' indicating that significant aesthetic renovations are needed to meet current market expectations. The property is aged but maintained, with functional major components that show signs of being outdated, aligning with a 'Fair' condition.
Year Built
1991
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$599
HOA
-
Days on market
-
Sold On
-
MLS number
25487440
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

Discover this expansive 5BD/3.5BA home in the highly desirable Sherman Oaks neighborhood, offering 3,335 sqft of living space. The interior features soaring cathedral ceilings, creating an open and inviting atmosphere. The spacious kitchen is equipped with granite countertops, a center island, and a dining area, perfect for both daily living and entertaining. A ground-floor bedroom with an en-suite bath provides flexibility for guests or use as a home office. Additional highlights include a dedicated laundry room and a 2-car attached garage with direct access. Step outside to the generous backyard, complete with a sparkling pool, spa, and beautifully paved stone accents, creating a serene space for relaxation and gatherings. While the home could benefit from modern updates, it offers an excellent opportunity to customize and add your personal touch. Conveniently located in the heart of Sherman Oaks, this property provides easy access to shopping, dining, and major freeways, blending comfort, potential, and prime location.

Condition Rating
Fair
Built in 1991, this property is well-maintained and functional, but its interior, particularly the kitchen and bathrooms, reflects styles from the 90s/early 2000s. The kitchen features light wood cabinets, granite countertops, and some older appliances, while bathrooms have dated vanities and tile work. The description explicitly states the home 'could benefit from modern updates' and offers an 'opportunity to customize,' indicating that significant aesthetic renovations are needed to meet current market expectations. The property is aged but maintained, with functional major components that show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons

Pros

Prime Sherman Oaks Location: Situated in a highly desirable neighborhood, offering excellent access to shopping, dining, and major freeways.
Expansive & Flexible Layout: Generous 3,335 sqft of living space with 5 bedrooms and 3.5 baths, including a versatile ground-floor bedroom with en-suite, and soaring cathedral ceilings.
Private Outdoor Oasis: Features a generous backyard complete with a sparkling pool, spa, and beautifully paved stone accents, ideal for relaxation and entertaining.
Functional Kitchen Design: The spacious kitchen is equipped with granite countertops, a center island, and a dining area, providing a practical space for daily living.
Convenient Practical Features: Includes a dedicated laundry room and a 2-car attached garage with direct access, enhancing daily convenience.

Cons

Need for Modernization: The home 'could benefit from modern updates,' indicating that interior finishes and aesthetics may be dated and require renovation to meet current market expectations.
Required Customization Investment: The property 'offers an excellent opportunity to customize and add your personal touch,' implying potential buyers will incur additional costs and effort for upgrades.
Absence of Contemporary Luxury Amenities: The description does not highlight advanced smart home technology, energy-efficient systems, or premium brand appliances often expected in this price range, which may be a competitive disadvantage.

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