15419 Dickens, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 2 bed, 1 bath
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Sherman Oaks, California 91403
This Sherman Oaks Development Opportunity is a Strong Value Opportunity with a List Price of $1,025,000—positioned well below the $1,121,371 Fair Market Value by 8%. This valuation gap provides $96,371 in Instant Equity for buyers. While the structure holds a Condition Rating of 5, the 8,082 Square Foot Corner Lot, Private Pool, and ADU Potential offer immense upside for a ground-up build or major expansion. Located South of Ventura Blvd in the Los Angeles Unified district, this asset is ideal for Developers or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15419 Dickens Subject | $1,025,000* List Price | 2 | 1 | 1,204 | $931 | - |
A 5136 Noble Ave Sold | $1,080,000 | 2 | 1 | 1,006 | $1,074 | 0.9 mi |
B 14935 Hartsook Street Sold | $1,045,000 | 3 | 1 | 1,170 | $893 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and marketed primarily as a 'Builder/Developer Opportunity,' the property is in poor condition relative to modern standards. The interior, specifically the bathroom, features dated tile work, old cabinetry, and aging fixtures. The listing description emphasizes the lot's potential for a new build or major expansion, and the 'Active Under Contract' status for a property at this price point in Sherman Oaks further suggests the value lies in the land rather than the existing structure, which requires substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8082, living area = 1204.
Situated South of Ventura Boulevard in a highly sought-after Sherman Oaks neighborhood, offering excellent proximity to the Westside, upscale dining, and the Sherman Oaks Galleria.
The oversized 8,082 sq ft flat corner lot and detached garage provide a rare opportunity for a ground-up new build, major expansion, or a high-value ADU conversion.
With only 2 bedrooms and 1 bathroom across 1,204 square feet, the current structure is undersized for the area and requires significant expansion to meet modern market expectations.
Built in 1950, the home is positioned primarily as a builder/developer opportunity, suggesting that the existing systems and finishes likely require extensive modernization or a complete teardown.
?? Prime Sherman Oaks – South of Ventura Blvd | Exceptional Builder/Developer Opportunity Discover endless potential in this charming country-cottage ranch situated on an oversized, flat corner lot of over 8,000 sq ft in one of Sherman Oaks’ most desirable South-of-the-Boulevard neighborhoods. This single-level home offers 2 bedrooms, 1 bath, and approx. 1,204 sq ft of living space, filled with warmth and character. The expansive park-like yard features mature landscaping, a private pool, and abundant space for reimagining, expanding, or building new. A detached garage provides an excellent opportunity for an ADU conversion, making this property ideal for investors, developers, or end-users seeking versatility and long-term value. Perfectly positioned with easy access to both the Valley and Westside, and just moments from the Sherman Oaks Galleria, major freeways, upscale dining, boutiques, and everyday conveniences. Whether you’re looking to renovate, expand, or build your dream home, this rare South-of-the-Blvd offering delivers unmatched potential in a premier location. OFFERS DUE MARCH 24TH AT 6PM
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.5 | 13% |
| Baths | 1.0 | 3.0 | 9% |
| Square foot | 1,204 | 2,550 | 9% |
| Lot Size | 8,082 | 9,559 | 33% |
| Price | $1.02M | $1.87M | 2% |
| Price per sq ft | $851 | $828 | 59% |
| Built year | 1950 | 1954 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 170 | 6% |
Mar 16, 2026
$1,025,000
Initial Listing
Dec 24, 1998
$267,000
Public Record