15525 Morrison Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 4 bath

15525 Morrison Street, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,595,000
15525 Morrison Street, Sherman Oaks, California 91403
5Beds
4Baths
3,289Sqft
7,795Lot

Price Vs. Estimate

The estimated value ($2,331,837.8) is $263,162.2 (10%) lower than the list price ($2,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & School District: Situated on a charming tree-lined street within the highly coveted Hesby Oaks School District, offering excellent educational opportunities and convenient access to Ventura Boulevard, 101, and 405 freeways.
Top Cons:
Pricing Discrepancy: The current list price of $2.595M is approximately 10% higher than the estimated property value of $2.331M, suggesting it may be overvalued compared to market data.

Compared to the nearby listings

Price:$2.60M vs avg $2.10M (+$490,000)72%
Size:3,289 sqft vs avg 2,699.5 sqft61%
Price/sqft:$789 vs avg $81042%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old, placing it within the 'Good' category's age range. The listing describes it as 'turn-key' with a 'modern open floor plan,' 'gleaming quartz countertops' in the kitchen, and a 'fully remodeled spa-like bathroom' in the primary suite, including a luxurious soaking tub and steam shower. Images confirm modern stainless steel appliances, white shaker cabinets, dark hardwood floors throughout, and contemporary light fixtures. While not explicitly stated as 'extensively renovated within 5 years' for the entire property, the significant updates to the kitchen and primary bathroom, combined with the overall well-maintained appearance and modern aesthetics, indicate a property that is move-in ready with high-quality, updated components and functional systems.
Year Built
2006
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$789
HOA
-
Days on market
-
Sold On
-
MLS number
25509553
Home ConditionGood
Features
Good View: Trees/Woods
Pool
Spa
Patio
ViewTrees/Woods

About this home

Nestled on a charming tree-lined street in the highly coveted Hesby Oaks School District, this traditional Spanish home is an absolute gem! Securely set behind private gates and surrounded by lush, mature hedging, this turn-key residence offers compelling value for such a wonderful home. You'll love the soaring vaulted ceilings, the beautifully arched windows, and the abundant natural light that create such an inviting, open atmosphere. The modern open floor plan has a spacious living room that seamlessly flows into the cozy family room, which then opens to a true entertainer's kitchen featuring bar seating and gleaming quartz countertops. The intuitive layout has one bedroom located on the first level for in-laws or guests, while the second floor boasts four additional bedrooms, including the oversized primary suite. That primary suite is awesome-complete with a double-sided fireplace, a fully remodeled spa-like bathroom with a luxurious soaking tub, and a steam shower for luxurious relaxation. At the top of the stairs on the second floor is a lounge area that's ideal for use as an office, gym, or a dedicated homework station for the kids truly flexible for every need. This home has an epic backyard that enables you to enjoy year-round indoor-outdoor lifestyle. Kids will love the sparkling pool and spa with waterfall, adults appreciate an outdoor BBQ area, and the entire family will use the spacious grassy lawn, it's all perfect for entertaining or unwinding in your own private retreat. The property also includes a three-car garage, with additional space for three more cars in the driveway. Conveniently located just a short distance from Ventura Boulevard, as well as the 101 and 405 freeways, this property offers easy access to dining, shopping, and entertainment. Don't miss out on the opportunity to make 15525 Morrison your dream home, it's great value, a wonderful opportunity, and an absolute must-see!

Condition Rating
Good

Built in 2006, this property is 18 years old, placing it within the 'Good' category's age range. The listing describes it as 'turn-key' with a 'modern open floor plan,' 'gleaming quartz countertops' in the kitchen, and a 'fully remodeled spa-like bathroom' in the primary suite, including a luxurious soaking tub and steam shower. Images confirm modern stainless steel appliances, white shaker cabinets, dark hardwood floors throughout, and contemporary light fixtures. While not explicitly stated as 'extensively renovated within 5 years' for the entire property, the significant updates to the kitchen and primary bathroom, combined with the overall well-maintained appearance and modern aesthetics, indicate a property that is move-in ready with high-quality, updated components and functional systems.
Pros & Cons

Pros

Prime Location & School District: Situated on a charming tree-lined street within the highly coveted Hesby Oaks School District, offering excellent educational opportunities and convenient access to Ventura Boulevard, 101, and 405 freeways.
Luxurious Primary Suite: The oversized primary suite features a double-sided fireplace and a fully remodeled spa-like bathroom with a luxurious soaking tub and steam shower, providing a private retreat.
Resort-Style Backyard Amenities: The epic backyard is designed for an indoor-outdoor lifestyle, boasting a sparkling pool and spa with a waterfall, an outdoor BBQ area, and a spacious grassy lawn perfect for entertaining.
Flexible & Open Floor Plan: The modern open floor plan includes soaring vaulted ceilings, abundant natural light, a seamless flow between living spaces, a first-level bedroom for guests, and an upstairs lounge ideal for an office or gym.
Privacy & Ample Parking: The residence is securely set behind private gates and mature hedging, offering enhanced privacy, complemented by a three-car garage and additional driveway space for three more vehicles.

Cons

Pricing Discrepancy: The current list price of $2.595M is approximately 10% higher than the estimated property value of $2.331M, suggesting it may be overvalued compared to market data.
Absence of Modern Energy/Smart Home Features: Unlike several comparable newer properties in the area, this home does not explicitly mention advanced energy-efficient features like solar panels, EV charging, or comprehensive smart home technology, which are increasingly desired by buyers.
Older Construction Date Compared to Premium Comps: While well-maintained and updated in parts, the 2006 build year means it lacks the very latest architectural trends and material innovations found in brand-new luxury constructions in the area, potentially requiring future updates to remain competitive with the newest offerings.

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