15233 Camarillo Street, Los Angeles, California 91403, Los Angeles, 91403 - 5 bed, 4 bath

15233 Camarillo Street, Los Angeles, California 91403 home-pic-0
ACTIVE$1,499,900
15233 Camarillo Street, Los Angeles, California 91403
5Beds
4Baths
2,300Sqft
5,944Lot
Year Built
1941
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
V1-31938
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(18th), sqft - 2300(38th), beds - 5(72th), baths - 4(50th).

This beautifully remodeled single-family home with the perfect balance of investment potential and everyday comfort. Delivered vacant, you can set market rents immediately and achieve an estimated 7.2% cap rate, or enjoy the flexibility of multi-generational living. The main home features 3 spacious bedrooms and 2 updated bathrooms with modern finishes and abundant natural light. Completing the property is a detached studio ADU with its own kitchen, bathroom, and private yard--expanding both versatility and earning potential. Beautifully renovated and move-in ready, thoughtfully designed for privacy and functionality. Outdoor areas feature low-maintenance artificial turf, creating inviting spaces for relaxation or entertaining without the upkeep. Whether you're an investor targeting a high ROI, a homeowner seeking supplemental income, or a large family needing flexible space, thisproperty checks every box--delivering both lifestyle and long-term value in one of Sherman Oaks' most desirable neighborhoods

Price History

Date
Event
Price
08/21/25
Listing
$1,499,900
Condition Rating
Excellent

Despite being built in 1941, the property has undergone a comprehensive and recent 'beautifully remodeled' and 'beautifully renovated' transformation, as stated in the description. The images confirm modern kitchens in both the main house and ADU, featuring new stainless steel appliances, contemporary white cabinetry, and clean countertops. Flooring throughout is updated (dark hardwood/laminate, tile), lighting is recessed, and modern mini-split AC units are visible. The overall condition is move-in ready with no deferred maintenance, aligning with current quality standards.
Pros & Cons

Pros

High Investment Potential & ADU: Features a detached studio ADU with private amenities, offering significant rental income potential (estimated 7.2% cap rate) and flexibility for multi-generational living.
Extensively Remodeled & Move-in Ready: The main home is beautifully remodeled with modern finishes and abundant natural light, making it move-in ready for immediate occupancy.
Desirable Sherman Oaks Location: Situated in one of Sherman Oaks' most sought-after neighborhoods, enhancing property value and lifestyle appeal.
Low-Maintenance Outdoor Living: Equipped with artificial turf in outdoor areas, providing attractive spaces for relaxation and entertaining with minimal upkeep.
Favorable Valuation: The property's estimated value is approximately 13% higher than the current list price, indicating potential for immediate equity for the buyer.

Cons

Lack of Views: The property explicitly states 'view: None,' which might be a drawback for buyers seeking scenic vistas in Los Angeles.
Age of Original Structure: Built in 1941, despite being remodeled, the underlying original structure and systems may still be older, potentially requiring future maintenance or upgrades not covered by cosmetic renovations.
Absence of Cooling System Mention: The description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant comfort concern during Los Angeles's warmer months.

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