
Van Nuys, California 91405
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $425,000—positioned well below the $453,514 Fair Market Value by 6%. This valuation gap offers $28,514 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes recent upgrades like new laminate flooring and modern lighting. Residents enjoy a sparkling pool, hot tub, and balcony with hill views. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15155 Sherman Way 49 Subject | $425,000* List Price | 3 | 2 | 1,171 | $387 | - |
A 15050 Sherman Way 139 Sold | $485,000 | 2 | 2 | 1,309 | $371 | 0.2 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 7301 Lennox Sold | $415,000 | 2 | 2 | 1,062 | $391 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. It features recent cosmetic updates including new laminate wood flooring, modern light fixtures, and the removal of popcorn ceilings. While the kitchen retains a dated fluorescent light box and older cabinet style, it has been refreshed with paint, a modern faucet, and updated appliances.
Elementary School: Kester Avenue Elementary School (9/10).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Great top floor end unit with no neighbor above you or to the right side of you in the heart of the valley! This light and bright 3bed/2bath condo has southern exposure light all day long and is central to everything! The living room greets you with vaulted ceilings and a cozy fireplace, right next to a large sliding door that leads to a long balcony with views of the hills. Recent improvements include removing all of the popcorn ceiling and texturing the ceiling along with modern lighting fixtures. The master bedroom also has a vaulted ceiling, dual closets along with linen cabinets and an en-suite bathroom with dual sinks. The home has laminate wood floors in bedrooms and common area giving the home an upscale feel. Convenient features include an in-unit stacked washer & dryer, central heat and A/C, and two covered parking spaces. This low maintenance residence is set within a wonderful community where residents enjoy access to the sparkling pool and hot tub, a spacious sun deck for lounging and outdoor gas grills. Location is everything! You are minutes from the lush greenery of Lake Balboa Park, the vibrant dining and shopping hubs along Sepulveda and Van Nuys Boulevards, Van Nuys Airport and the 405 freeway for an effortless commute. Come and take a tour of this Valley gem today!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,171 | 1,084.667 |
| Lot Size | 122,067 | 97,215.167 |
| Price | $425.0K | $435.9K |
| Price per sq ft | $363 | $423 |
| Built year | 1979 | 1980 |
| HOA | $492.0 | $510 |
| Days on market | 2 | 75 |
Sep 7, 2026
$425,000
Initial Listing
Jul 13, 2009
$180,000
Public Record
Jul 19, 2005
$319,000
Public Record
Jun 28, 2000
$120,000
Public Record