15115 Leadwell, Van Nuys, California 91405, Van Nuys, 91405 - 3 bed, 1 bath
ACTIVE$765,000$1,152/sqft
Est. Value: $762,353
%
FairlyEstimate
15115 Leadwell, Van Nuys, California 91405
3Beds
1Bath
1,152Sqft
8,109Lot
Price Vs. Estimate
The estimated value ($762,353.11) is $2,646.89 (0%) lower than the list price ($765,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8109, living area = 1152.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$765.0K vs avg $890.0K ($-124,950)26%
Size:1,152 sqft vs avg 1,662.5 sqft9%
Price/sqft:$664 vs avg $54280%
More Insights
Built in 1947 (79 years old).
Condition: Built in 1947, this property has 'solid bones' and some recent updates like a newer HVAC system, updated windows, flooring, and paint in the living areas and bedrooms. However, the kitchen is severely outdated with original-style cabinets, blue tile countertops, and an older range, requiring a complete renovation. The single bathroom, while functionally updated, is a significant limitation for a three-bedroom home. The backyard is also undeveloped. While livable, the property requires substantial rehabilitation, particularly in the kitchen and potentially adding another bathroom, to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1947
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$664
HOA
-
Days on market
-
Sold On
-
MLS number
SR25277411
Home ConditionPoor
Features
Patio
View-
About this home
Set in the heart of the Valley, this charming three-bedroom, one-bath single-family home offers a bright and inviting canvas filled with opportunity. Spanning 1,152 square feet, the residence is thoughtfully laid out and filled with natural light, creating an airy and welcoming atmosphere throughout. Beamed ceilings add architectural character, while ceiling fans and abundant windows enhance everyday comfort. The third bedroom features a cozy fireplace and French doors that open directly to the backyard—perfect for a home office, guest space, den or creative retreat. Additional highlights include indoor laundry, a single-car garage, and a newer A/C and heating system for year-round ease. Situated on a generous 8,109 square foot flat lot, the outdoor space offers endless possibilities for expansion, entertaining, or future customization. With solid bones, desirable features, and a prime location, this home presents a fantastic opportunity to create something truly special.
D
Daniel Ross
Listing Agent
Nearby schools
4/10
Valerio Street Elementary School
Public,•K-5•0.1mi
2/10
Columbus Avenue School
Public,•K-5•0.8mi
4/10
Cohasset Street Elementary School
Public,•K-5•0.9mi
3/10
Cohasset Street Elementary School
Public,•K-5•0.9mi
4/10
Bassett Street Elementary School
Public,•K-5•1.0mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.0mi
3/10
Michelle Obama Elementary
Public,•K-5•1.2mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.2mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.3mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.3mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•1.3mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.4mi
3/10
Van Nuys Elementary School
Public,•K-5•1.4mi
4/10
Burton Street Elementary School
Public,•K-5•1.6mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.8mi
3/10
Langdon Avenue Elementary School
Public,•K-5•1.9mi
4/10
Kittridge Street Elementary School
Public,•K-5•2.1mi
3/10
Gault Street Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.4mi
7/10
Stagg Street Elementary School
Public,•K-5•2.5mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.5mi
6/10
Erwin Elementary School
Public,•K-5•2.6mi
4/10
Parthenia Street Elementary School
Public,•K-5•2.6mi
3/10
Vista Middle School
Public,•6-8•1.2mi
2/10
Van Nuys Middle School
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
3/10
William Mulholland Middle School
Public,•6-8•2.6mi
5/10
James Madison Middle School
Public,•6-8•2.7mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•3.5mi
3/10
Northridge Middle School
Public,•6-8•3.8mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.3mi
6/10
Van Nuys Senior High School
Public,•9-12•1.1mi
2/10
Panorama High School
Public,•9-12•1.2mi
3/10
James Monroe High School
Public,•9-12•2.5mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.2mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.5mi
7/10
Northridge Academy High
Public,•9-12•4.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.5mi
Price History
Date
Event
Price
11/25/19
Sold
$375,000
Condition Rating
Poor
Built in 1947, this property has 'solid bones' and some recent updates like a newer HVAC system, updated windows, flooring, and paint in the living areas and bedrooms. However, the kitchen is severely outdated with original-style cabinets, blue tile countertops, and an older range, requiring a complete renovation. The single bathroom, while functionally updated, is a significant limitation for a three-bedroom home. The backyard is also undeveloped. While livable, the property requires substantial rehabilitation, particularly in the kitchen and potentially adding another bathroom, to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8109, living area = 1152.
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Generous Lot Size: The property sits on a substantial 8,109 square foot flat lot, offering ample space for expansion, extensive landscaping, or future customization.
Updated HVAC System: A newer A/C and heating system is already in place, providing modern comfort and reducing immediate capital expenditure for the buyer.
Architectural Charm & Natural Light: Beamed ceilings, abundant windows, and a thoughtful layout contribute to a bright, airy, and welcoming atmosphere with distinct architectural character.
Versatile Third Bedroom: The third bedroom features a cozy fireplace and French doors to the backyard, offering flexible use as a home office, guest space, den, or creative retreat.
Potential for Customization: Described as a 'canvas filled with opportunity' with 'solid bones,' the home presents a fantastic chance for buyers to personalize and add significant value.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Single Bathroom: The home features only one bathroom for three bedrooms, which may be a significant inconvenience for families or multiple occupants.
Older Infrastructure: Built in 1947, the property likely has older plumbing, electrical, and other systems that may require updates or significant maintenance in the near future.
Modest Interior Square Footage: At 1,152 square feet, the interior living space is relatively modest for a three-bedroom home, potentially limiting appeal for buyers seeking more spacious accommodations.