RealKey
‪(213) 433-7766‬

15144 Martha Street, Van Nuys, California 91411, Van Nuys, 91411 - 4 bed, 4 bath

15144 Martha Street, Van Nuys, California 91411 home-pic-0
ACTIVE$1,349,080
15144 Martha Street, Van Nuys, California 91411
4Beds
4Baths
1,503Sqft
6,269Lot

Price Vs. Estimate

The estimated value ($1,000,787.765) is $348,292.235 (25%) lower than the list price ($1,349,080). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: Features a permitted 325 sqft one-bedroom ADU, offering significant potential for rental income or flexible guest accommodation.
Top Cons:
Potential Overpricing: The current list price of $1,349,080 is substantially higher than the property's estimated value of $1,000,787, indicating a potential overvaluation that may deter buyers or require a price adjustment.

Compared to the nearby listings

Price:$1.35M vs avg $1.14M (+$211,330)69%
Size:1,503 sqft vs avg 1,465.5 sqft56%
Price/sqft:$898 vs avg $74586%

More Insights

Built in 1947 (78 years old).
Condition: Despite being built in 1947, this property has undergone an extensive and high-quality modern renovation. The kitchen features sleek, contemporary cabinetry, quartz countertops, and new stainless steel appliances. Bathrooms boast designer finishes, including marble-look tiling, modern vanities, and glass shower enclosures. Throughout the home, there is elegant, new-looking flooring and recessed lighting. The overall condition, including the exterior, pool, and permitted ADU, appears virtually new with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1947
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$898
HOA
-
Days on market
-
Sold On
-
MLS number
25477499
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

This modern home offers 1,178 sqft 3 bedrooms, 2.5 bathrooms, a fenced swimming pool, and a 325 sqft permitted one-bedroom ADU perfect for rental income or hosting guests. Situated on a picturesque street with outstanding curb appeal, the front yard greets you with a lush lawn, a welcoming front porch and a charming walkway shaded by a majestic tree. Step inside to discover a bright living room, sleek kitchen that serves as the heart of the home, featuring a large central island with quartz countertops, breakfast counter sits 5 people, stainless steel appliances, and a cozy dining area, while a large deck just off the kitchen offers an ideal spot for outdoor dining and seating. Throughout the home, you'll find elegant flooring, recessed lighting, designer bathroom finishes and double sink vanity in the primary bedroom.. The backyard is boasting a swimmer's dream pool and ample space for relaxation or gatherings. As a bonus, this remarkable home is located within the highly coveted Kester Avenue Elementary School District. Don't miss your chance to make it yours!

Condition Rating
Excellent
Despite being built in 1947, this property has undergone an extensive and high-quality modern renovation. The kitchen features sleek, contemporary cabinetry, quartz countertops, and new stainless steel appliances. Bathrooms boast designer finishes, including marble-look tiling, modern vanities, and glass shower enclosures. Throughout the home, there is elegant, new-looking flooring and recessed lighting. The overall condition, including the exterior, pool, and permitted ADU, appears virtually new with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Income-Generating ADU: Features a permitted 325 sqft one-bedroom ADU, offering significant potential for rental income or flexible guest accommodation.
Modernized Interior Finishes: Boasts a sleek, updated kitchen with a large central island, quartz countertops, stainless steel appliances, elegant flooring, recessed lighting, and designer bathroom finishes.
Desirable Outdoor Living: Includes a fenced swimming pool, a spacious deck for outdoor dining, and a well-maintained backyard, ideal for entertainment and relaxation.
Strong Curb Appeal & School District: Presents outstanding curb appeal on a picturesque street and is located within the highly sought-after Kester Avenue Elementary School District.
Versatile Property Layout: The main house combined with the ADU provides a flexible living arrangement suitable for various needs, from multi-generational families to those seeking additional income streams.

Cons

Potential Overpricing: The current list price of $1,349,080 is substantially higher than the property's estimated value of $1,000,787, indicating a potential overvaluation that may deter buyers or require a price adjustment.
Age of Original Structure: Built in 1947, the property's underlying infrastructure may present unforeseen maintenance challenges despite modern cosmetic upgrades.
Geographic Perception: Although within the desirable Sherman Oaks MLS area and school district, the Van Nuys address might influence buyer perception and marketability for some.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state