14351 Martha, Van Nuys, California 91401, Van Nuys, 91401 - 2 bed, 1 bath
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Van Nuys, California 91401
This property presents a Strong Value Opportunity with a List Price of $995,000—positioned well below the $1,062,611 Fair Market Value by 6%. This valuation gap offers $67,611 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a comprehensive rehab, yet the 6,327 sqft lot and ADU potential provide significant upside. Located near the Sherman Oaks border, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14351 Martha Subject | $995,000* List Price | 2 | 1 | 1,015 | $1,047 | - |
A 14308 Califa Street Sold | $807,000 | 3 | 1 | 1,117 | $722 | 0.3 mi |
B 5934 Murietta Avenue Sold | $1,110,000 | 3 | 2 | 1,097 | $1,012 | 0.6 mi |
C 5512 Buffalo Avenue Sold | $1,050,260 | 2 | 1 | 1,160 | $905 | 1.0 mi |
D 5235 Lennox Avenue Sold | $999,995 | 2 | 1 | 841 | $1,189 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a fixer-upper, the property shows significant deferred maintenance including peeling exterior paint and a highly dated kitchen with missing cabinetry components. With no evidence of major renovations in over 30 years, the home requires a comprehensive rehab of its systems and finishes.
Situated on a quiet street near the Sherman Oaks border, the property offers proximity to premium shopping, dining, and easy freeway access in a highly desirable neighborhood.
The detached garage, long driveway, and generous 6,327 sqft lot provide an excellent opportunity for an Accessory Dwelling Unit (ADU) or a significant home expansion.
The property features mature trees, fruit trees, and cactuses, creating a tranquil outdoor environment and strong curb appeal that serves as a great canvas for landscaping.
The home is identified as a fixer-upper, requiring a substantial additional investment in time and capital to modernize or reimagine the existing structure.
With only 2 bedrooms, 1 bathroom, and approximately 1,015 square feet of living space, the current footprint may be restrictive for larger families or those seeking modern spaciousness.
Rare opportunity fixer-upper located on a quiet street just moments from the Sherman Oaks border, offering endless potential in a highly desirable neighborhood. Whether you choose to move right in, thoughtfully remodel, expand, or completely reimagine the space, the possibilities here are truly exceptional. Surrounded by shopping, dining, cafes, and convenient freeway access, the home offers warmth, character, and flexibility for both end users and investors alike. Mature trees and inviting curb appeal lead into bright living spaces filled with natural light, while the spacious yard creates the perfect canvas for outdoor living, entertaining, or future expansion. The detached garage and long driveway offer exciting ADU potential (buyer to verify), making this an ideal opportunity for developers, creatives, or anyone looking to bring their vision to life. Cactuses, fruit trees, and private outdoor areas add to the property’s unique charm and tranquil feel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 1,015 | 1,822 | 3% |
| Lot Size | 6,327 | 6,759 | 29% |
| Price | $995.0K | $1.30M | 19% |
| Price per sq ft | $980 | $728 | 97% |
| Built year | 1950 | 1951 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 117 | 3% |
May 24, 2026
$995,000
Initial Listing
Jun 11, 1999
$156,000
Public Record