15440 Dickens Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 3 bath
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Sherman Oaks, California 91403
This Prime Development Opportunity in Sherman Oaks features RTI plans for a 4,700 sqft luxury residence and ADU on a nearly 8,000 sqft lot. Listed at $1,795,000, the price reflects the premium for Ready to Issue permits over the $1,610,011 Fair Market Value. The current residence maintains a Good Condition Rating (3) with a remodeled kitchen, hardwood floors, and a private patio, allowing for immediate occupancy within the Los Angeles Unified district. This strategic asset is an ideal match for Developers or Owner-Builders seeking a high-utilization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15440 Dickens Street Subject | $1,795,000* List Price | 3 | 3 | 1,956 | $823 | - |
A 15213 Del Gado Drive Sold | $1,475,000 | 3 | 3 | 1,687 | $874 | 0.5 mi |
B 15435 Sutton Street Sold | $1,725,000 | 3 | 2 | 2,034 | $848 | 0.2 mi |
C 4218 Sepulveda Boulevard Active | $1,400,000 List Price | 3 | 3 | 1,831 | $765 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1946 and marketed as a builder opportunity with RTI plans, the current structure is in good, move-in ready condition. It features refinished hardwood floors, fresh paint, updated light fixtures, and a functional kitchen with stone countertops and modern appliances (approx. 10-15 year old renovation). Visible HVAC vents suggest updated systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7968, living area = 1956.
Situated south of Ventura Boulevard in a highly sought-after Sherman Oaks neighborhood, offering prestige and strong long-term value.
Includes RTI (Ready to Issue) plans for a 4,700 sqft main residence and ADU, significantly accelerating the construction timeline and reducing permitting risks.
The $1.795M list price represents a high entry point for a development project, which may impact the overall ROI for builders.
The property offers no scenic views, which can be a limiting factor for high-end new construction in this price bracket.
Prime Sherman Oaks, south of Ventura Blvd., builder/developer opportunity. RTI plans for approximately 4,700sqft house and ADU on an almost 8,000sqft lot. Currently, charming home with 3 BR - 2.5 BA in almost 2,000 sqft.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,956 | 2,590 | 22% |
| Lot Size | 7,968 | 9,094.5 | 36% |
| Price | $1.79M | $1.86M | 44% |
| Price per sq ft | $918 | $827 | 78% |
| Built year | 1946 | 1953 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 153 | 8% |
Apr 21, 2026
$1,795,000
Initial Listing
Dec 30, 2024
$1,650,000
Public Record