15237 Otsego Street, Los Angeles, California 91403, Los Angeles, 91403 - 4 bed, 3 bath
Loading property details...
15237 Otsego Street
Los Angeles, California 91403
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,589Sq Ft
6,755Lot Size
Property Price
LIST PRICE$1,799,000
EST. MARKET VALUE
$1,794,934
SUMMARY
This Turnkey Hybrid Property represents a Strong Value Opportunity, listed at $1,799,000—positioned well below the $1,892,053 Fair Market Value by 4%. This valuation gap offers $93,053 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Chef's Kitchen, Owned Solar Panels, and a Permitted ADU. With a private resort-style backyard featuring a Pool and Spa, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income and luxury living.
Estimated Market Value
$1,794,934
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 |
|---|---|---|---|---|---|---|
★ 15237 Otsego Street Subject | $1,799,000* List Price | 4 | 3 | 2,589 | $693 | - |
A 14830 Huston Street Sold | $1,500,000 | 4 | 2 | 2,227 | $674 | 0.6 mi |
B 14622 Huston Street Sold | $1,515,000 | 5 | 5 | 2,582 | $587 | 0.8 mi |
C 14954 Hesby Street Sold | $1,619,000 | 5 | 4 | 2,200 | $736 | 0.3 mi |
D 5114 Cedros Avenue Sold | $1,950,000 | 4 | 5 | 2,778 | $702 | 0.7 mi |
E 15216 Morrison Street Active | $1,630,000 List Price | 4 | 4 | 2,240 | $728 | 0.2 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 high-end remodel within the last 5 years, featuring a modern chef's kitchen with premium appliances, updated bathrooms with contemporary tiling and fixtures, a newer roof, and owned solar panels. The home is in mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted ADU & Income Potential
The property includes a fully permitted 684 sq ft ADU with a rare seller lease-back offer for up to five years, providing guaranteed immediate rental income and versatile space for guests or a home office.
- Turnkey Condition & Modern Efficiency
This impeccably remodeled home features high-value upgrades including a chef's kitchen with a massive island, owned solar panels, and a newer roof, ensuring a move-in ready experience with reduced utility costs.
- Premium Outdoor Amenities
The backyard serves as a private resort with a sparkling pool, spa, and built-in BBQ area, all professionally hedged for privacy, making it an ideal space for high-end entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2589, other record living area = 1738. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Limited Yard Space
Due to the footprint of the main house, the 684 sq ft ADU, and the pool/spa area, the 6,755 sq ft lot offers very little traditional green space or lawn for pets and play.
- Vintage Structural Origin
Despite the extensive modern remodeling, the original 1941 construction may still possess legacy infrastructure or layout constraints typical of older homes compared to contemporary new builds.
About 15237 Otsego Street
One Purchase! Two beautiful homes. Endless possibilities. Hidden behind gates and tall green hedges in the heart of Sherman Oaks, this private retreat offers something increasingly difficult to find: a fully remodeled three-bedroom main residence, a permitted 648-square-foot ADU, owned solar panels, and a resort-style backyard with a sparkling pool and spa. The main house is designed for a life that naturally brings people together. At its center, a beautifully remodeled kitchen with an oversized island opens directly to the backyard, allowing dinner, conversation, and celebration to flow effortlessly from indoors to poolside. Spend your mornings with coffee beside the pool, your afternoons gathered around the island, and your evenings in the spa beneath the stars, all surrounded by mature greenery and exceptional privacy. The home features three generously sized bedrooms and two remodeled bathrooms. The peaceful primary suite includes a walk-in closet and a private bath with a soaking tub, while two spacious secondary bedrooms offer flexibility for family, guests, or working from home. And then there is the second home.The fully permitted 648-square-foot ADU at 15239 Otsego Street is beautifully finished and completely independent, with an open kitchen, a large bedroom, its own outdoor space, and a built-in barbecue. Use it as a private home for someone you love, a sophisticated office or creative retreat, an exceptional guest residence, or an immediate source of rental income. With a newer roof, newer electrical panel, owned solar panels, remodeled interiors, and permits already in place, the difficult decisions, construction, dust, and expense are behind you. All of this is located moments from exceptional restaurants, shopping, hiking trails, the Sherman Oaks Galleria, award-winning Kester Elementary, and convenient freeway access. This is more than a beautiful house. It is a rare opportunity to live, gather, work, welcome family, and generate income, all in one private Sherman Oaks property. Come experience it for yourself. This may be the home and the life you have been waiting for :)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,755 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 3.0 | 2.0 |
| Square foot | 2,589 | 1,664.159 |
| Lot Size | 6,755 | 6,066.556 |
| Price | $1.80M | $1.35M |
| Price per sq ft | $695 | $806 |
| Built year | 1941 | 1939 |
| HOA | $0 | $278 |
| Days on market | 46 | 55 |
Pricing History
Listed for Sale
Jul 25, 2026
$1,799,000
Initial Listing
Sold
Jun 4, 1997
$10,000
Public Record