
Van Nuys, California 91405
This Value-Add Single Family Residence represents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $926,995 Fair Market Value by 3%. This valuation gap secures $27,995 in Instant Equity for buyers. Featuring a substantial 2,044 sq ft layout and a Condition Rating of 4, the asset offers a private pool and a large garage with significant ADU potential. Access to the 9/10 rated Kester Avenue Elementary School ensures strong long-term demand. This is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14552 Runnymede Street Subject | $899,000* List Price | 3 | 2 | 2,044 | $458 | - |
A 14239 Cohasset Sold | $820,000 | 3 | 2 | 1,651 | $497 | 0.4 mi |
B 14421 Cohasset Street Sold | $880,000 | 4 | 2 | 1,802 | $488 | 0.2 mi |
C 15065 Vose Street Sold | $980,000 | 3 | 2 | 1,835 | $534 | 0.8 mi |
D 13961 Cantlay Street Sold | $780,000 | 3 | 2 | 1,807 | $432 | 0.8 mi |
E 14230 Enadia Way Sold | $880,000 | 3 | 2 | 1,745 | $504 | 0.6 mi |
F 6853 Willis Avenue Sold | $750,000 | 4 | 2 | 1,910 | $393 | 0.8 mi |
G 6932 Tobias Active | $799,950 List Price | 3 | 2 | 1,805 | $443 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is described as having 'untapped potential' and requiring a 'cosmetic glow-up.' While the home offers a substantial 2,044 sq ft layout and functional features like a fireplace and pool, the interior finishes, kitchen, and bathrooms appear dated and in need of modernization. The listing specifically targets investors or buyers looking for a project, indicating that while the 'bones' are solid, the systems and aesthetic components have likely exceeded their typical design lifespan without a recent full renovation.
Elementary School: Kester Avenue Elementary School (9/10).
With 2,044 square feet of interior space, this 3-bedroom home is significantly larger than typical residences in the area, offering a spacious layout that includes a large living room and a sunroom.
The property features a large garage on a 7,256 square foot lot, providing an ideal footprint for a workshop or a high-value Accessory Dwelling Unit (ADU) conversion to increase property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property requires a comprehensive cosmetic 'glow-up' both inside and out, meaning buyers must budget for immediate renovation costs to modernize the home.
The immediate public schools assigned to this address have relatively low ratings, which may be a concern for families prioritizing high-performance educational districts.
Nestled on a quiet street, this property offers the perfect blend of generous living space and untapped potential. Spanning an impressive 2,044 sq ft, this 3-bedroom, 2-bathroom residence with a great pool and back yard space is a rare find for those looking for generous living and outdoor space. Inside, you'll find a spacious layout designed for comfort and entertaining. The large living room with a gas fireplace next to a sun room provides great spaces for the family and friends. The large kitchen with a breakfast area makes cooking and entertaining an ease. The backyard is a true private oasis, featuring a sparkling pool ready for summer gatherings. While the exterior is looking for a fresh cosmetic "glow-up," the bones of this home - including a large garage perfect for a workshop or potential ADU - make it an incredible foundation for your next chapter. This home could be a great fit for a buyer willing to handle some cosmetic work, or an investor wanting to take on a project. The substantial square footage and quiet location provide a rock-solid baseline; all that's missing is a bit of imagination and a modern touch. With plenty of room a freshen up inside and out, the upside potential here is significant.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,044 | 1,631 | 84% |
| Lot Size | 7,256 | 6,604.5 | 70% |
| Price | $899.0K | $857.5K | 55% |
| Price per sq ft | $440 | $518 | 16% |
| Built year | 1955 | 1954 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 170 | 3% |
Mar 8, 2026
$899,000
Initial Listing