15155 Sherman Way 60, Van Nuys, California 91405, Van Nuys, 91405 - 1 bed, 2 bath
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15155 Sherman Way 60
Van Nuys, California 91405
ACTIVE
CONDITION: GOOD
1Beds
2Baths
882Sq Ft
122,067Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$387,107
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $385,000—positioned well below the $387,108 Fair Market Value by 0.54%. This valuation gap offers $2,108 in Instant Equity. Featuring a 2019 kitchen renovation, newer HVAC, and top-floor privacy, the property maintains a Condition Rating of 3. Located near major transit and the Los Angeles Unified School District, it offers a quiet, modern lifestyle. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance residence.
Estimated Market Value
$387,107
Based on Realkey algorithm analyzing recent comparable sales in Van Nuys.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15155 Sherman Way 60 Subject | $385,000* List Price | 1 | 2 | 882 | $439 | - |
A 15155 Sherman Way 14 Sold | $359,500 | 1 | 1 | 716 | $502 | 0.0 mi |
B 7301 Lennox Avenue E09 Sold | $430,000 | 2 | 2 | 971 | $443 | 0.9 mi |
C 7301 Lennox A1 Sold | $420,000 | 2 | 2 | 1,098 | $383 | 0.9 mi |
D 15155 Sherman Way 26 Sold | $420,000 | 2 | 2 | 1,035 | $406 | - |
E 14829 Sherman 1 Active | $428,000 List Price | 2 | 2 | 855 | $501 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1979, the unit was significantly updated in 2019 (approx. 7 years ago), including a modern kitchen with new appliances and recessed lighting. The inclusion of a newer HVAC system and laminate flooring throughout makes it a well-maintained, move-in ready property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Top-Floor Privacy
As a top-floor unit with no neighbors above, this property offers a quieter living environment and enhanced privacy, which is a highly desirable feature in high-density condominium complexes.
- Modernized Key Systems
The condo features a kitchen updated in 2019 and a newer HVAC system, providing the buyer with modern aesthetics and mechanical reliability while reducing the need for immediate capital improvements.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $492 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Limited Market Versatility
The single-bedroom configuration limits the property's appeal to a narrower demographic of singles or couples, excluding families and potentially lengthening the time to find a buyer during resale.
About 15155 Sherman Way 60
One bedroom-1.5 bath top floor condo unit with over 875 square feet of living space in Van Nuys, near Sepulveda Blvd, the 405 freeway, Target and Costco. The layout is spacious, with abundant natural light. Laminate flooring throughout creates a warm and inviting atmosphere. The living room with a decorative fireplace is quite spacious and currently being used as living space and an office. Balcony off the living room is great for sitting outside and enjoying a cup of coffee or a bowl of ice cream. The kitchen is well-designed and was updated in 2019, featuring ample countertop space and modern appliances, including breakfast bar that comfortably sits 2-3, a built-in microwave and recessed lighting. There is a ceiling fan in the living room and dining room. The primary bedroom is generously sized, with a ceiling fan as well to provide comfort and circulation. The unit has been updated, including a newer HVAC system. No one above you! Come take a look!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 122,067 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $492.0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Valerio Street Elementary School
Grades K-5 • 0.2 mi
4/10
Columbus Avenue School
Grades K-5 • 0.7 mi
2/10
Bassett Street Elementary School
Grades K-5 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 882 | 1,084.667 |
| Lot Size | 122,067 | 97,215.167 |
| Price | $385.0K | $435.9K |
| Price per sq ft | $437 | $423 |
| Built year | 1979 | 1980 |
| HOA | $492.0 | $510 |
| Days on market | 21 | 75 |
Pricing History
Listed for Sale
Aug 19, 2026
$385,000
Initial Listing
Sold
Jun 7, 2019
$310,000
Public Record
Sold
Jan 30, 1996
$42,500
Public Record