15147 Otsego Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 5 bath
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Sherman Oaks, California 91403
This Modernized Sherman Oaks Residence is a Prime Investment Opportunity, listed at $1,999,000—positioned well below the $2,087,218 Fair Market Value by 4%. This valuation gap provides $88,218 in Instant Equity. Boasting a Condition Rating of 2, the home features a Viking-equipped kitchen, new wide-plank flooring, and a detached garage with ADU potential. Located within walking distance to Ventura Boulevard and top-rated schools, it perfectly balances luxury with income potential. This is an ideal acquisition for Owner-Occupants seeking a "house-hack" or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15147 Otsego Street Subject | $1,999,000* List Price | 5 | 5 | 3,101 | $673 | - |
A 5114 Cedros Avenue Sold | $1,950,000 | 4 | 5 | 2,778 | $702 | 0.6 mi |
B 15233 Camarillo Street Sold | $1,460,000 | 5 | 4 | 2,300 | $635 | 0.4 mi |
C 4615 Cedros Avenue Sold | $2,300,000 | 4 | 3 | 2,870 | $801 | 0.8 mi |
D 15233 Camarillo Street Sold | $1,460,000 | 0 | 0 | 2,300 | $635 | 0.4 mi |
E 15220 Valleyheart Drive Sold | $1,685,000 | 3 | 2 | 2,033 | $829 | 0.2 mi |
F 15227 Hartsook Street Active | $2,200,000 List Price | 4 | 5 | 2,832 | $777 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (less than 5 years) featuring brand new wide-plank flooring, fresh paint, and a modern kitchen with new cabinets, stone counters, and high-end Viking appliances. Bathrooms have been updated with new vanities and fixtures, and the interior features modern recessed lighting and updated HVAC vents throughout, making it completely move-in ready.
Situated in the heart of Sherman Oaks, the property is within walking distance to Ventura Blvd's dining and shopping, and surrounded by multimillion-dollar estates.
The detached finished garage includes a half bath, offering a seamless opportunity for conversion into an Accessory Dwelling Unit (ADU) to add value or rental income.
The home features tasteful recent upgrades, including new flooring, fresh paint, and brand-new cabinetry and countertops, ensuring a move-in-ready experience.
With a 3,101 sqft home on a 6,755 sqft lot, the outdoor living area is relatively compact for a property of this size and price point.
Unlike many premium properties in the Sherman Oaks area, this residence does not offer any significant views, which may impact its competitive appeal.
Location, location location! Take advantage of this rare opportunity to enjoy living in this exception location in the heart of Sherman Oaks. This spacious 5 br, 5 ba home is within walking distance to Ventura Blvd, popular dining, shopping and everyday conveniences, the famous Galleria, with your choice of award winning schools nearby. Own or lease in this sought-after neighborhood. Surrounded by multimillion-dollar properties and located just over the hill from Bel-Air, this home features a detached finished garage with a half bath, making it ideal for a conversion to ADU, just pull a permit. Inside this home it has been tastefully updated with new flooring, fresh paint, and brand new cabinets and counters, creating a move-in ready environment with both comfort and style.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 3,101 | 2,569.5 | 70% |
| Lot Size | 6,755 | 9,559 | 24% |
| Price | $2.00M | $1.91M | 54% |
| Price per sq ft | $645 | $827 | 19% |
| Built year | 1948 | 1954 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 170 | 4% |
Mar 30, 2026
$1,999,000
Initial Listing
Jul 18, 2013
$870,000
Public Record