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15454 Sutton Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 4 bed, 4 bath

15454 Sutton Street, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,375,000
15454 Sutton Street, Sherman Oaks, California 91403
4Beds
4Baths
2,634Sqft
11,178Lot
Year Built
1948
Close
-
List price
$2.38M
Original List price
$2.5M
Price/Sqft
$902
HOA
-
Days on market
-
Sold On
-
MLS number
SR25126826
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.38M(62th), sqft - 2634(50th), beds - 4(50th), baths - 4(50th).

Major Price Reduction!!! First time on the market in over 50 years!  This gem offers a rare opportunity to own a beautiful home on an elevated corner lot in one of Sherman Oaks most desirable neighborhoods south of Ventura Blvd.  Beautifully preserved, this home maintains much of its original charm while integrating many tasteful modern updates.  WIth 4 bedrooms and 4 bathrooms, built-ins throughout, the spacious layout flows naturally from a formal entry to a large sunlit living room with a fireplace, oversized formal dining room, and chef’s kitchen with a breakfast area and wet bar perfect for entertaining.  This home also features refinished original hardwood floors throughout, large bedrooms, and a beautiful backyard.  The detached 2 car garage, set down elevation a short distance from the house, offers the potential for a large ADU conversion.  With a prime location in an excellent school district, close proximity to many shops and restaurants and easy access to both the 101 and 405 freeways, don’t miss your chance to own a seldom seen combination of character, space, and potential.

Price History

Date
Event
Price
08/15/25
Price Change
$2,375,000-3.0%
08/01/25
$2,449,000
06/05/25
$2,499,000
Condition Rating
Fair
Built in 1948 and on the market for the first time in over 50 years, this property shows signs of being well-maintained but with significant deferred cosmetic updates. While the description mentions 'tasteful modern updates' and 'refinished original hardwood floors,' the visible bathrooms are notably outdated with mid-century tiling, fixtures, and wallpaper, indicating they have not been renovated in many decades. The lack of kitchen images, despite being described as a 'chef's kitchen,' suggests that while it may have some updates, it likely doesn't meet current 'excellent' or 'good' standards, especially when contrasted with the bathrooms. The property is functional and preserved but requires substantial cosmetic renovations in key areas like bathrooms to align with contemporary tastes and standards, and there's a potential for older major systems (HVAC unspecified).
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11178, living area = 2634.
Prime Location & Desirable Neighborhood: Situated on an elevated corner lot in one of Sherman Oaks' most desirable neighborhoods south of Ventura Blvd, offering proximity to excellent schools, shops, restaurants, and convenient freeway access (101 & 405).
ADU Conversion Potential: The detached 2-car garage, though set down in elevation, presents a significant opportunity for a large Accessory Dwelling Unit (ADU) conversion, adding potential rental income or expanded living space.
Charming & Well-Maintained with Modern Updates: The home beautifully preserves its original charm with features like refinished hardwood floors and built-ins, while integrating tasteful modern updates, offering a move-in ready experience with character.
Spacious & Functional Layout: Boasting 4 bedrooms and 4 bathrooms, the property features a spacious and natural flow from a formal entry to a large sunlit living room, oversized dining room, and a chef's kitchen with a wet bar, ideal for entertaining.
Generous Lot & Outdoor Space: With a substantial 11,178 sqft lot and a beautiful backyard, the property provides ample outdoor space for relaxation, recreation, and potential landscaping enhancements.

Cons

Recent Price Reductions: The property has undergone multiple price reductions, including a 'Major Price Reduction,' which may suggest an initial overpricing or a need to attract more buyer interest in the current market.
Potential for Older Systems/Unspecified HVAC: Built in 1948, while updated, the description does not explicitly detail updates to all major systems (e.g., plumbing, electrical, HVAC), potentially indicating older infrastructure or a lack of central air conditioning, which could lead to future maintenance costs.
Detached Garage Elevation/Accessibility: The detached 2-car garage is 'set down elevation a short distance from the house,' which could present a minor inconvenience for daily access or add complexity to any future ADU conversion plans.

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