15233 Camarillo Street, Sherman Oaks, California 91403, Sherman Oaks, 91403 - bed, bath

15233 Camarillo Street, Sherman Oaks, California 91403 home-pic-0
ACTIVE$1,749,000
15233 Camarillo Street, Sherman Oaks, California 91403
0Bed
0Bath
Sqft
5,944Lot
Year Built
1941
Close
-
List price
$1.75M
Original List price
$1.9M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
V1-28062
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Welcome to this beautifully remodeled single-family home with not one, but two additional living spaces--ideal for multi-generational living, rental income, or hosting extended family. Situated in a desirable neighborhood, this versatile property offers both lifestyle and investment opportunity. The main house boasts 3 spacious bedrooms and 2 updated bathrooms, filled with natural light and designed for comfortable modern living. Attached to the main home is a private-entry studio, perfect for guests, in-laws, or a potential rental. But that's not all--there's also a detached studio ADU, complete with its own kitchen, bathroom, and private yard. This home has been thoughtfully renovated with contemporary finishes and move-in ready appeal, offering separate outdoor spaces with low-maintenance artificial turf--ideal for relaxing or entertaining without the upkeep. Whether you're a savvy investor, a homeowner looking for flexible space, or a family needing room to grow, this unique home delivers privacy, functionality, and long-term value--all in one property.

Condition Rating
Excellent

Despite being built in 1941, this property has undergone a beautiful and thoughtful renovation, as evidenced by the contemporary finishes throughout. The kitchens feature modern white cabinetry, light granite/quartz countertops, and new stainless steel appliances. Bathrooms are updated with modern vanities, tiled showers/tubs, and contemporary fixtures. Hardwood flooring and recessed lighting are prevalent, giving the home a fresh, move-in ready feel. The additional living spaces (attached studio and detached ADU) also reflect this high standard of recent renovation, including a visible split AC unit in the ADU. All components appear new or virtually new, aligning with current quality standards and showing no signs of deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential & Versatility: The property features two additional living spaces (an attached private-entry studio and a detached ADU with its own kitchen, bathroom, and private yard), ideal for rental income, multi-generational living, or guest accommodation, significantly enhancing its value and flexibility.
Extensively Remodeled & Modern Finishes: The main house and additional units have been 'beautifully remodeled' and 'thoughtfully renovated with contemporary finishes,' offering a move-in ready experience for occupants.
Desirable Sherman Oaks Location: Situated in a 'desirable neighborhood' in Sherman Oaks, the property benefits from a sought-after location known for its lifestyle appeal and strong real estate market.
Low-Maintenance Outdoor Living: The property offers separate outdoor spaces featuring low-maintenance artificial turf, providing aesthetic appeal and functionality without the upkeep typically associated with traditional landscaping.
Strong Investment Opportunity: Explicitly marketed as offering both 'lifestyle and investment opportunity' and 'long-term value,' its unique multi-unit configuration positions it as an attractive asset for savvy investors.

Cons

Age of Original Structure: Built in 1941, the underlying structure is quite old. While renovated, potential buyers might have concerns about original systems (e.g., plumbing, electrical, foundation) not explicitly mentioned as updated, or general wear and tear associated with older homes.
Lack of Mentioned Cooling System: The property description does not specify the presence of an air conditioning system, which could be a significant drawback in the Sherman Oaks climate and may require future installation.
Recent Price Reduction: The property has seen a price reduction from an original list price of $1.899M to $1.749M, which could indicate initial overpricing or a slower-than-expected market response, potentially raising questions about its current market value.

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