15236 Runnymede Street, Van Nuys, California 91405, Van Nuys, 91405 - 7 bed, 5 bath

15236 Runnymede Street, Van Nuys, California 91405 home-pic-0
ACTIVE$1,650,000
15236 Runnymede Street, Van Nuys, California 91405
7Beds
5Baths
2,807Sqft
8,642Lot

Price Vs. Estimate

The estimated value ($1,359,693.265) is $290,306.735 (17%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Top Cons:
Significant Price Discrepancy: The current listing price of $1.65M is notably higher than the estimated property value of approximately $1.36M, suggesting potential overpricing.

Compared to the nearby listings

Price:$1.65M vs avg $880.0K (+$770,000)96%
Size:2,807 sqft vs avg 1,643 sqft96%
Price/sqft:$588 vs avg $54360%

More Insights

Built in 1948 (77 years old).
Condition: Despite being built in 1948, this property has undergone a comprehensive and high-quality renovation, as evidenced by the description and images. The kitchen is fully remodeled with high-end Viking appliances, white shaker cabinets, and modern quartz countertops. Bathrooms feature elegant white shaker vanities, modern fixtures, and stylish tiling. Luxury vinyl plank flooring is installed throughout, providing a fresh and contemporary feel. The presence of central AC & heat and a recently updated ADU further supports a condition of minimal physical depreciation and adherence to current quality standards, making it move-in ready with virtually new components.
Year Built
1948
Close
-
List price
$1.65M
Original List price
$1.72M
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
25504917
Home ConditionExcellent
Features
Pool
Patio
ViewPool

About this home

This stunning Van Nuys Pool Home with Income- Producing ADU is ready for summer! Welcome to 15236 & 15238 Runnymede St., a beautifully updated 4- bedroom 3- bathroom main home spanning over 1,900 sqft in the heart of Van Nuys is currently rented for $5,150 / month and can be delivered vacant. This private, gated property offers the perfect blend of style, comfort, and functionality. Step inside to a small foyer that opens to a spacious, open- concept living area, featuring California coastal luxury vinyl floors throughout. The kitchen and bathrooms are elegantly designed with white shaker cabinets, creating a fresh and modern feel. The home boasts four large closets, providing ample storage space. The fully remodeled kitchen is a chef's dream, equipped with high-end Viking appliances a large center island with open concept to living area perfect for entertaining. The primary suite offers a private retreat adorned with double French Glass Doors to the backyard and pool area. Stay comfortable year-round with central AC & heat. Adding incredible value, this property includes a detached ADU, 15238 Runnymede St., a 3 bed / 2 bathroom at $3,050 per month, currently tenant occupied but can be delivered vacant- ideal for generating rental income or as additional guest retreat. The oversize driveway accommodates six or more cars, ensuring plenty of parking. The beautifully landscaped grounds feature an abundance of fruit trees, providing fresh homegrown produce throughout the year. Whether you are relaxing by the gorgeous, heated wading pool, or enjoying the lush greenery, this property offers a true oasis in the city. With a prime location, this home is centrally located with easy access to the 101, 405 and 118 Freeways. Within minutes you'll find schools, Notre Dame and Van Nuys High, St. Elizabeths, Valley College, CSUN, and daily conveniences are just around the corner, including Starbucks, Jon's Grocery, 99 Ranch, Costco, LA fitness, Dollar Tree, CVS, and Rose Bakery. Enjoy fantastic local dining at Kinara Thai, and Mercado Buenos Aires Argentine. Don't miss this exceptional opportunity to own a move-in-ready home with modern upgrades, income potential, and a prime Van Nuys location. **Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. https://www.themls.com/showing/request/25504917

Nearby schools

4/10
Valerio Street Elementary School
Public,K-50.3mi
4/10
Cohasset Street Elementary School
Public,K-50.7mi
3/10
Cohasset Street Elementary School
Public,K-50.8mi
4/10
Bassett Street Elementary School
Public,K-50.9mi
2/10
Columbus Avenue School
Public,K-50.9mi
3/10
Bassett Street Elementary School
Public,PK-50.9mi
5/10
Noble Avenue Elementary School
Public,K-51.2mi
3/10
Michelle Obama Elementary
Public,K-51.2mi
3/10
Andres And Maria Cardenas Elementary School
Public,K-51.5mi
1/10
Andres And Maria Cardenas Elementary School
Public,K-51.5mi
4/10
Sylvan Park Elementary School
Public,K-51.5mi
5/10
Hazeltine Avenue Elementary School
Public,K-51.5mi
3/10
Van Nuys Elementary School
Public,K-51.6mi
4/10
Burton Street Elementary School
Public,K-51.6mi
3/10
Langdon Avenue Elementary School
Public,K-51.7mi
5/10
Ranchito Avenue Elementary School
Public,K-51.9mi
3/10
Gault Street Elementary School
Public,K-52.2mi
4/10
Kittridge Street Elementary School
Public,K-52.3mi
3/10
Gault Street Elementary School
Public,K-52.3mi
7/10
Stagg Street Elementary School
Public,K-52.4mi
4/10
Parthenia Street Elementary School
Public,K-52.4mi
9/10
Kester Avenue Elementary School
Public,K-52.7mi
6/10
Erwin Elementary School
Public,K-52.8mi
3/10
Vista Middle School
Public,6-81.1mi
3/10
William Mulholland Middle School
Public,6-82.5mi
5/10
William Mulholland Middle School
Public,6-82.5mi
2/10
Van Nuys Middle School
Public,6-82.6mi
5/10
James Madison Middle School
Public,6-82.9mi
7/10
Oliver Wendell Holmes Middle School
Public,6-83.3mi
3/10
Northridge Middle School
Public,6-83.7mi
3/10
Robert Fulton College Preparatory School
Public,6-120.4mi
2/10
Panorama High School
Public,9-121.2mi
6/10
Van Nuys Senior High School
Public,9-121.3mi
3/10
James Monroe High School
Public,9-122.3mi
6/10
Ulysses S. Grant Senior High School
Public,9-123.4mi
6/10
John H. Francis Polytechnic
Public,9-123.7mi
7/10
Northridge Academy High
Public,9-124.3mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.3mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.4mi
Condition Rating
Excellent

Despite being built in 1948, this property has undergone a comprehensive and high-quality renovation, as evidenced by the description and images. The kitchen is fully remodeled with high-end Viking appliances, white shaker cabinets, and modern quartz countertops. Bathrooms feature elegant white shaker vanities, modern fixtures, and stylish tiling. Luxury vinyl plank flooring is installed throughout, providing a fresh and contemporary feel. The presence of central AC & heat and a recently updated ADU further supports a condition of minimal physical depreciation and adherence to current quality standards, making it move-in ready with virtually new components.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Income-Producing ADU: Features a detached 3-bed/2-bath ADU currently generating $3,050/month, offering significant rental income potential or flexible guest accommodation.
Extensive Modern Remodel: The main home has undergone a beautiful update with an open-concept living area, California coastal luxury vinyl floors, and elegantly designed kitchens and bathrooms.
Gourmet Kitchen with High-End Appliances: A fully remodeled chef's dream kitchen boasts high-end Viking appliances and a large center island, perfect for entertaining.
Private Outdoor Oasis: The property offers a private, gated setting with beautifully landscaped grounds, an abundance of fruit trees, and a gorgeous heated wading pool.
Prime & Convenient Location: Centrally located in Van Nuys with excellent freeway access (101, 405, 118) and close proximity to schools, colleges, shopping, dining, and daily conveniences.

Cons

Significant Price Discrepancy: The current listing price of $1.65M is notably higher than the estimated property value of approximately $1.36M, suggesting potential overpricing.
Age of Main Structure: The main home was originally built in 1948, which, despite recent remodels, may present underlying infrastructure considerations typical of older constructions.
Buyer Due Diligence Required: The listing explicitly states that square footage, lot size, and other property details are not guaranteed, placing a higher burden on the buyer for independent verification.

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