14239 Sherman Way 3, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 3 bath
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Van Nuys, California 91405
This Spacious 2-Bedroom Condo represents a High-Potential Investment Opportunity, listed at $569,000—positioned well below the $592,330 Fair Market Value by 3%. This valuation gap offers $23,330 in Instant Equity. Featuring a Fair Condition Rating, the unit includes a Granite Kitchen, Direct Garage Access, and a Private Patio. While the building is 44 years old, the functional layout and interior laundry provide immediate utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add residence in Van Nuys.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14239 Sherman Way 3 Subject | $569,000* List Price | 2 | 3 | 1,560 | $380 | - |
A 14715 Saticoy Street 9 Sold | $475,000 | 2 | 3 | 1,090 | $436 | 0.8 mi |
B 13561 Valerio Street A Sold | $615,000 | 3 | 3 | 1,325 | $464 | 0.9 mi |
C 7422 Hazeltine Avenue 7 Sold | $470,000 | 2 | 3 | 1,114 | $422 | 0.4 mi |
D 14239 Sherman Way 3 Active | $624,500 List Price | 2 | 3 | 1,560 | $400 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), this property falls into the 'Fair' category due to its age exceeding 20 years. While the listing mentions granite countertops and the unit appears well-maintained and move-in ready, the overall aesthetic, bathroom fixtures, and kitchen nook are dated. It likely requires minor updates to meet modern standards, and systems are likely mid-to-late life cycle.
Elementary School: Kester Avenue Elementary School (9/10).
With 1,560 square feet of living area, this unit is exceptionally spacious for a two-bedroom condo, offering a functional layout that includes a primary en-suite and a guest powder room.
The property features rare direct access from the parking garage into the unit, providing a high level of convenience and security for residents.
The assigned public schools for this address, such as Panorama High and Cardenas Elementary, have lower performance ratings, which may impact appeal for families.
The $465 monthly HOA fee is relatively high for the area and building age, which increases the total monthly carrying cost for potential buyers.
Beautifully maintained condo located in the heart of Van Nuys featuring 2 bedrooms and 2.5 bathrooms, with direct access to the unit from the parking garage for added convenience. The spacious living room offers a cozy fireplace and flows seamlessly into the adjacent dining area. The kitchen is equipped with granite countertops, ample cabinetry, and a charming nook area perfect for casual dining. A convenient half bath is located on the main floor for guests. Upstairs, you’ll find a generously sized primary suite complete with a large closet and a private en-suite bathroom. The additional bedroom is bright and spacious, with its own full bathroom nearby. A dedicated laundry area is located inside the unit for convenience. Enjoy a private patio area ideal for relaxing or entertaining. Conveniently situated close to shopping centers, restaurants, and everyday amenities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,560 | 1,095 |
| Lot Size | 17,329 | 100,657.5 |
| Price | $569.0K | $447.9K |
| Price per sq ft | $365 | $424 |
| Built year | 1980 | 1974 |
| HOA | $465.0 | $483 |
| Days on market | 69 | 67 |
May 14, 2026
$569,000
Initial Listing
May 1, 2013
$230,000
Public Record
Jun 1, 2010
$185,000
Public Record