
Van Nuys, California 91411
This High-Potential Investment Opportunity is listed at a List Price of $379,000, positioned slightly above the $370,255 Fair Market Value. While the property carries a Fair Condition Rating due to its 1985 build, it offers a functional roommate-style layout with in-unit laundry and a private balcony. Its strategic location near the Orange Line and major freeways ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, commuter-friendly residence in Van Nuys.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14610 Erwin 212 Subject | $379,000* List Price | 2 | 2 | 776 | $477 | - |
A 14610 Erwin Street 211 Active | $384,900 List Price | 2 | 2 | 795 | $484 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property falls into the Fair category due to its age and dated interior features, such as popcorn ceilings. While the unit includes functional updates like stainless steel appliances and tiled flooring, it lacks a comprehensive renovation within the last 15 years to qualify as Good.
Centrally located in Downtown Van Nuys with immediate proximity to the Orange Line Busway, 405, 101, and 170 freeways, offering exceptional accessibility for Los Angeles commuters.
The floor plan features bedrooms and bathrooms at opposite ends of the unit, providing optimal privacy for roommates or guests, enhanced by the convenience of in-unit laundry.
Positioned as a high-value entry point in the San Fernando Valley, this property qualifies for the 'Community Advantage Program,' potentially offering buyers more favorable financing options.
The monthly association fee of $551.88 is relatively high for a compact 776-square-foot unit, which may affect the overall affordability and debt-to-income ratio for some buyers.
The interior square footage is quite modest for a two-bedroom residence, and the tandem parking configuration can be less convenient for households with multiple active drivers.
BEST VALUE IN SFV! Welcome to this DESIRABLE 2nd Floor level condominium in Downtown Van Nuys! Two bedrooms plus two bathrooms at opposite ends of the home, ideal for roommates or guests! Just blocks from the Orange Line Busway, Costco, restaurants, and grocery stores. This unit offers an open living and dining room with tiled flooring throughout and stainless steel appliances in the kitchen - REFRIGERATOR included! Step out and relax onto your private balcony. Unit has two tandem parking spaces in a gated and secured lot and building. Replaced-In-unit washer and dryer INCLUDED for convenience. HOA fee includes common area maintenance, trash, water and sewer services. Centrally located within a short walk to the courthouse, shops, restaurants, parks and public transportation, and a short drive to Burbank, Los Angeles or UCLA. Commuters will find close proximity to the 405, 101 and 170 freeways great options to navigate Los Angeles traffic. Unit qualifies for "Community Advantage Program."
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 776 | 1,084.667 |
| Lot Size | 26,511 | 97,215.167 |
| Price | $379.0K | $435.9K |
| Price per sq ft | $488 | $423 |
| Built year | 1985 | 1980 |
| HOA | $551.88 | $510 |
| Days on market | 84 | 75 |
Jun 17, 2026
$379,000
Initial Listing
May 31, 2023
$380,000
Public Record
Aug 2, 2006
$290,000
Public Record
Feb 7, 2003
$123,000
Public Record