15050 Sherman Way 166, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 2 bath

15050 Sherman Way 166
Van Nuys, California 91405
Property Price
SUMMARY
Analysis of 15050 Sherman Way 166, Van Nuys, California 91405 is currently available with a list price of $579,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a brand-new 2025 kitchen with quartz countertops and stainless appliances. Major systems are virtually new, with HVAC and water heater replaced in 2021, plumbing in 2022, and a new roof in 2024, meeting the highest quality standards for a turnkey home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Extensive Modern Upgrades
The property is truly turnkey, featuring a brand-new 2025 kitchen and major system overhauls including a 2021 HVAC, 2022 plumbing, and a 2019 electrical panel upgrade.
- Financing & Accessibility
Rare VA and FHA approval status significantly broadens the buyer pool, while the proximity to the 101, 405, and 170 freeways offers exceptional regional connectivity.
CONSRISKS & DEFICIENCIES
- Tandem Parking
The unit includes two tandem parking spaces, which can be less convenient for multi-driver households compared to side-by-side parking configurations.
- Local School Ratings
While there are many nearby options, several of the immediate assigned public schools have lower performance ratings, which may be a consideration for families prioritizing education.
About 15050 Sherman Way 166
VA APPROVED CONDO. FHA APPROVED. Welcome to this beautifully upgraded 2 bedroom, 2 bathroom townhouse style condominium located in the sought after Parkwood community of Van Nuys. Thoughtfully remodeled and meticulously maintained, this multi level home blends architectural character with modern functionality. The inviting living room features vaulted ceilings and a cozy fireplace, creating a warm yet open atmosphere. The dramatic staircase with soaring ceilings and a skylight fills the home with natural light and enhances the overall sense of space. The living area flows seamlessly into the dining area, creating an ideal setting for entertaining. 2025 updated kitchen showcases upgraded cabinetry, quartz countertops, under cabinet lighting, a pantry closet, countertop seating, and stainless steel appliances. The first floor is completed by porcelain tile flooring, a dedicated laundry area, additional storage closet, and a modernized half bath. Upstairs, the primary bedroom serves as a private retreat with laminate flooring, a custom built wardrobe with shelving, and its own private balcony. The second bedroom also features laminate flooring and access to a balcony. The spacious hallway bathroom offers a hydro massage bathtub designed for relaxation. Additional highlights include LED recessed lighting, plantation shutters, video doorbell, keyless entry, updated HVAC system installed in 2021, water heater replaced in 2021, 200 amp electrical panel upgraded in 2019, and plumbing improvements completed in 2022.Outdoor living is enhanced with two private patios. The unit includes two tandem parking spaces and an approximately 13 by 10 foot private storage room with custom shelving and a newer steel door. The community offers multiple EV charging stations located in the parking area for residents to conveniently charge their electric vehicles. Parkwood offers resort style amenities including a pool, spa, gym, sauna, and a spacious clubhouse ideal for gatherings. Recent HOA improvements include a newer roof completed in 2024.Ideally located near shopping, Starbucks, dining, parks, and major freeways including the 101, 405, and 170, this home provides excellent accessibility throughout the San Fernando Valley and greater Los Angeles area. Located within the Los Angeles Unified School District and near several well regarded public and private school options. This turnkey townhouse offers architectural appeal, major system upgrades, financing flexibility, and strong community amenities in one exceptional opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 142,506 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $504.0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Valerio Street Elementary School
Grades K-5 • 0.3 mi
Columbus Avenue School
Grades K-5 • 0.6 mi
Bassett Street Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,396 | 1,012 | 93% |
| Lot Size | 142,506 | 43,039 | 73% |
| Price | $579.0K | $440.0K | 87% |
| Price per sq ft | $415 | $415 | 50% |
| Built year | 1981 | 1981 | 50% |
| HOA | $504.0 | $432 | 80% |
| Days on market | 3 | 189 | 7% |
Pricing History
Listed for Sale
Mar 4, 2026
$579,000
Initial Listing
Sold
Mar 2, 2023
$520,000
Public Record
Sold
Sep 12, 2019
$410,000
Public Record
Sold
Sep 9, 2015
$305,000
Public Record










































