15155 Sherman Way 37, Van Nuys, California 91405, Van Nuys, 91405 - 1 bed, 2 bath
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15155 Sherman Way 37
Van Nuys, California 91405
ACTIVE
CONDITION: FAIR
1Beds
2Baths
882Sq Ft
122,067Lot Size
Property Price
LIST PRICE$379,000
EST. MARKET VALUE
$378,934
SUMMARY
This 1-bedroom, 2-bath condominium is a Strong Value Opportunity, listed at $379,000—positioned well below the $378,935 Fair Market Value by a negligible margin, reflecting a stable, market-accurate price. Featuring a Condition Rating of 4, the unit includes a new HVAC system and custom upgrades, though it retains dated finishes. Residents benefit from resort-style amenities, including a pool and spa. While local school performance varies, the property offers a functional layout for first-time buyers or buy-and-hold investors seeking a well-located, amenity-rich community.
Estimated Market Value
$378,934
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 37 Subject | $379,000* List Price | 1 | 2 | 882 | $430 | - |
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 7301 Lennox Sold | $410,000 | 2 | 2 | 1,079 | $380 | 0.9 mi |
E 15155 Sherman Way 26 Sold | $420,000 | 2 | 2 | 1,035 | $406 | - |
F 14829 Sherman 1 Active | $425,000 List Price | 2 | 2 | 855 | $497 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and remains largely dated with popcorn ceilings and older carpeting. While the addition of a new HVAC system and custom closets are positive upgrades, the overall interior finishes and bathrooms require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Modern Interior Upgrades
The unit features a new HVAC system, in-unit washer and dryer, and custom closets, providing immediate move-in comfort and reducing near-term maintenance costs for the buyer.
- Spacious Dual-Bath Layout
At 882 square feet with two bathrooms, this floor plan offers significantly more living space and functional privacy than a typical one-bedroom condominium.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $492 is relatively steep for a one-bedroom property, which may impact buyer affordability and overall monthly carrying costs.
- Local School Performance
Several of the immediate neighborhood schools carry lower performance ratings, which could potentially limit the appeal to certain buyer demographics and affect long-term appreciation.
About 15155 Sherman Way 37
Welcome to this spacious 1-bedroom, 2-bath condo offering comfort and convenience within a well-maintained gated community. The bright living area features a charming brick fireplace and opens to a private balcony, creating an inviting space to relax or entertain. Recent upgrades include a new HVAC system, in-unit washer and dryer, custom closets, and custom blinds. Residents can also enjoy resort-style community amenities, including a sparkling pool, lush landscaping, and tandem covered parking. Conveniently located near shopping, dining, public transportation, and major freeways, this home offers an ideal combination of comfort, convenience, and community living!
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 | $379.0K | $435.9K |
| Price per sq ft | $430 | $423 |
| Built year | 1979 | 1980 |
| HOA | $492.0 | $510 |
| Days on market | 12 | 75 |
Pricing History
Listed for Sale
Aug 28, 2026
$379,000
Initial Listing
Sold
May 12, 2004
$225,000
Public Record