
Van Nuys, California 91411
This Single Family Residence presents a Strong Value Opportunity with a List Price of $849,000—positioned well below the $917,602 Fair Market Value by 7%. This valuation gap offers $68,602 in Instant Equity for buyers. Featuring a Condition Rating of 4, the property offers a functional layout with a private swimming pool and significant lot utilization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term value through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15035 Gilmore Street Subject | $815,000* List Price | 4 | 2 | 1,390 | $611 | - |
A 14951 Gilmore Sold | $890,000 | 3 | 2 | 1,717 | $518 | 0.1 mi |
B 6268 Norwich Avenue Sold | $805,000 | 3 | 1 | 1,143 | $704 | 0.2 mi |
C 6331 Columbus Avenue Sold | $745,000 | 3 | 1 | 1,276 | $584 | 0.2 mi |
D 6425 Columbus Avenue Sold | $739,000 | 2 | 2 | 1,346 | $549 | 0.2 mi |
E 5801 Willis Avenue Sold | $1,007,000 | 3 | 2 | 1,702 | $592 | 0.9 mi |
F 5747 Bevis Avenue Sold | $875,000 | 3 | 2 | 1,778 | $492 | 0.9 mi |
G 5740 Lemona Avenue Sold | $1,016,000 | 2 | 1 | 1,391 | $730 | 0.9 mi |
H 5717 Natick Avenue Sold | $1,032,000 | 2 | 1 | 1,465 | $704 | 1.0 mi |
I 5837 Cedros Active | $945,000 List Price | 3 | 2 | 1,280 | $738 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this home is over 60 years old and retains a dated aesthetic, particularly in the bathrooms. While the interior features newer wood-style flooring and is described as functional and move-in ready, the property lacks recent major renovations to the kitchen and baths. As a trust sale, it is well-maintained but requires cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7275, living area = 1390.
The property features a private swimming pool and a generous 7,275 sq. ft. lot, providing excellent space for outdoor entertainment, gardening, and recreation.
Situated in the heart of Van Nuys, the home offers convenient access to Lake Balboa Park, the Sepulveda Basin Recreation Area, and the premier shopping and dining along Ventura Blvd.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
For a four-bedroom residence, the presence of only 1.5 bathrooms is a significant drawback that may not meet the needs of larger families or modern buyer expectations.
Built in 1958 and noted as having room for future updates, the property likely requires additional capital investment to modernize the interior finishes and systems.
4 bed + 1.5 bath home offering 1,390 sq. ft. of living space in Van Nuys. Home boasts a functional layout ready to enjoy today while offering room for future updates. The front door leads to the living room featuring wood-style flooring and a fireplace. The living room flows into the dining area and kitchen, which includes a breakfast nook. The full bathroom has a separate tub and shower. A laundry room is conveniently located inside the home. The backyard is highlighted by a swimming pool along with additional yard space for entertaining, gardening and relaxing. Home in the heart of Van Nuys is nearby Lake Balboa Park, the Japanese Garden, the Sepulveda Basin Recreation Area, the Sherman Oaks Galleria, the shops and restaurants on Ventura Blvd. plus much more! Trust Sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,390 | 1,570.106 |
| Lot Size | 7,275 | 6,738.636 |
| Price | $815.0K | $941.1K |
| Price per sq ft | $586 | $602 |
| Built year | 1958 | 1952 |
| HOA | $0 | $52 |
| Days on market | 41 | 55 |
Aug 29, 2026
$815,000
$849,000
-4% Price Drop
Initial Listing
Jul 30, 2026
$849,000
Initial Listing