15216 Morrison Street, Los Angeles, California 91403, Los Angeles, 91403 - 4 bed, 4 bath
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15216 Morrison Street
Los Angeles, California 91403
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,240Sq Ft
5,943Lot Size
Property Price
LIST PRICE$1,630,000
EST. MARKET VALUE
$1,642,837
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,630,000—positioned well below the $1,642,837 Fair Market Value by 0.78%. This valuation gap offers $12,837 in Instant Equity. Featuring a newly remodeled kitchen and a detached ADU, the property boasts a Condition Rating of 2, ensuring a turnkey experience. Its prime location near Ventura Blvd offers exceptional walkability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-quality residence.
Estimated Market Value
$1,642,837
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15216 Morrison Street Subject | $1,630,000* List Price | 4 | 4 | 2,240 | $733 | - |
A 14954 Hesby Street Sold | $1,619,000 | 5 | 4 | 2,200 | $736 | 0.3 mi |
B 5114 Cedros Avenue Sold | $1,950,000 | 4 | 5 | 2,778 | $702 | 0.7 mi |
C 14830 Huston Street Active | $1,450,000 List Price | 4 | 2 | 2,227 | $651 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation, including a newly remodeled kitchen with quartz countertops and custom cabinetry, and a newly completed detached ADU. Despite the 1948 build date, the recent upgrades and mint condition of the systems and finishes meet the criteria for a top-tier rating.
PROSSTRENGTHS & OPPORTUNITIES
- Detached ADU
The newly completed detached ADU offers exceptional versatility, providing potential for rental income, a private guest house, or a dedicated home office space.
- Prime Walkability
Situated in a highly desirable Sherman Oaks pocket, the property is walking distance to Ventura Boulevard, The Galleria, and a major upcoming multi-use complex.
- Modern Renovations
The home features a high-end remodeled kitchen with quartz countertops and custom cabinetry, offering a contemporary aesthetic and move-in-ready convenience.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size under 6,000 square feet, the footprint of the main house, ADU, and garage may limit the amount of open recreational yard space.
- Lack of Views
The property lacks any significant scenic views, which can be a drawback for buyers seeking the elevated vistas often found in the surrounding Sherman Oaks area.
About 15216 Morrison Street
Phenomenal, renovated property with a detached ADU, newly completed - use for rental, guests, office????? 2-story home with a second-floor play area. Walking distance to Ventura Blvd., shopping, restaurants, The Galleria, Castle Park, and a soon-to-be-completed multi-use complex 3-minute walk away. Freeway accessible. 2-car garage. Spacious backyard with a beautifully maintained lawn and fruit trees. Newly remodeled and upgraded kitchen with quartz counter tops and custom cabinetry.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,943 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,240 | 1,664.159 |
| Lot Size | 5,943 | 6,066.556 |
| Price | $1.63M | $1.35M |
| Price per sq ft | $728 | $806 |
| Built year | 1948 | 1939 |
| HOA | $0 | $278 |
| Days on market | 54 | 55 |
Pricing History
Listed for Sale
Jul 17, 2026
$1,630,000
Initial Listing
Sold
Sep 13, 2016
$795,000
Public Record
Sold
Mar 4, 2013
$555,000
Public Record
Sold
Nov 20, 2012
$415,000
Public Record