15053 Victory Boulevard 5, Van Nuys, California 91411, Van Nuys, 91411 - 2 bed, 3 bath
15053 Victory Boulevard 5
Van Nuys, California 91411
Property Price
SUMMARY
Analysis of 15053 Victory Boulevard 5, Van Nuys, California 91411 is currently available with a list price of $499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2006, this condo is 18 years old and falls within the 'Good' category's age range. The description highlights it as 'beautifully updated' with 'modern living' features like recessed lighting and stylish vinyl plank flooring, which is evident in the images. The kitchen features granite countertops and stainless steel appliances, which are functional and well-maintained, though the cabinet style is more traditional. The bathrooms are clean and functional, with the downstairs powder room appearing more recently updated. While some elements like the main bathroom tiles and kitchen cabinets might not be brand new, the property is move-in ready with no immediate renovations required, and major systems appear well-maintained with minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Modern & Updated Interior
The condo is beautifully updated with modern finishes, including recessed lighting, stylish vinyl plank flooring, and a granite L-shaped kitchen.
- Functional Two-Level Layout
The property features an open floor plan spread across two levels, offering spacious living and dining areas ideal for everyday living and entertaining.
- En-suite Bathrooms & Privacy
Both generously sized bedrooms upstairs come with their own private bathrooms, enhancing comfort and privacy for residents.
CONSRISKS & DEFICIENCIES
- Monthly HOA Fees
The property has a monthly association fee of $435, which adds to the overall cost of homeownership.
- Condominium Living Limitations
As a condominium, the property inherently involves shared walls, potential noise from neighbors, and community rules/restrictions that may limit personal freedoms compared to a single-family home.
- Recent Price Reduction & Under Contract Status
The property has undergone a recent price reduction from its original list price and is currently 'Active Under Contract,' indicating it's not immediately available for new offers and potentially suggesting initial overpricing or market resistance.
About 15053 Victory Boulevard 5
Welcome to this beautifully updated 2-bedroom, 3-bath condo offering 1,120 sq. ft. of modern living. Spread across two levels, this home features an open floor plan highlighted by recessed lighting and stylish vinyl plank flooring. The spacious living and dining areas flow seamlessly into the granite L-shaped kitchen, perfect for everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms, each with its own bath for comfort and privacy. Additional conveniences include a double-door laundry closet and ample storage throughout. This home also comes with two dedicated carport spaces, and the HOA covers maintenance of the community grounds, making for low-maintenance living. With its combination of functionality and style, this condo is a wonderful opportunity to own a move-in-ready home in a desirable location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 18,329 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,120 | 1,137 | 33% |
| Lot Size | 18,329 | 37,821 | 22% |
| Price | $499.0K | $500.0K | 44% |
| Price per sq ft | $446 | $446 | 44% |
| Built year | 2006 | 1977 | 78% |
| HOA | $435.0 | $533 | 22% |
| Days on market | 162 | 162 | 56% |
Pricing History
Listed for Sale
Jan 6, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$525,000
Initial Listing