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15330 Hart Street, Van Nuys, California 91406, Van Nuys, 91406 - bed, bath

15330 Hart Street, Van Nuys, California 91406 home-pic-0
ACTIVE$949,950
15330 Hart Street, Van Nuys, California 91406
0Bed
0Bath
1,805Sqft
5,502Lot
Year Built
1952
Close
-
List price
$950K
Original List price
$1,000K
Price/Sqft
$526
HOA
-
Days on market
-
Sold On
-
MLS number
SR25126224
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(62th), sqft - 1805(73th), beds - undefined(1th), baths - undefined(1th).

Welcome Home to 15330 Hart St and 15328 W Hart St. Two Stunning Residences in the Heart of Van Nuys!!! Look no further these are two of the most gorgeous homes you will find in Van Nuys. The front house offers 2 Bedrooms and 2 Bathrooms with 1350 Square feet of living space, featuring a spacious family room, bonus room, open floor plan kitchen, custom kitchen sink, new counter tops with full backsplash, built in quartz dining table, new porcelain flooring, LED Lights, brand new custom bathrooms, too many upgrades to mention!!! The Newly Built Detached ADU boasts 455 Sq ft with 2 Bedrooms and 2 bathrooms with a Primary Bedroom, generous size living room and private back patio which is perfect for enjoying your morning coffee or unwind after a long day. Both homes are ready to be lived in and enjoyed, there is plenty of parking for both units, you can easily fit up to 6 cars. Property has a very high WALK SCORE of 74, meaning the location is very walkable so most daily errands can be accomplished on foot. These homes are centrally located near shopping, dining, schools, hospital and easy FWY access. Stop by and see for yourself, you will not be disappointed. Owner spared no expense upgrading the front house.

Condition Rating
Excellent
The property features a newly built detached ADU and an extensively renovated front house. The front house boasts new porcelain flooring, LED lighting, brand new custom bathrooms with modern tiling and fixtures, and a kitchen with new quartz countertops, full backsplash, and a built-in quartz dining table. While the main house kitchen cabinets appear to be an older style, they are well-maintained and complemented by modern updates. The ADU is entirely new with modern finishes and appliances. Both units present as virtually new with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for recent and extensive renovations.
Pros & Cons

Pros

Income-Generating Potential / Multi-Generational Living: The property features two distinct residences: a renovated front house and a newly built detached ADU (2 beds, 2 baths), offering significant flexibility for rental income or accommodating extended family.
Extensive & Modern Renovations: The front house has undergone comprehensive upgrades including new porcelain flooring, a custom kitchen with quartz dining table, new countertops, LED lighting, and brand new custom bathrooms, making it move-in ready.
Newly Built Detached ADU: The 455 sq ft, 2-bedroom, 2-bathroom detached ADU is a significant value addition, providing modern living space and enhancing the property's overall utility and appeal.
Excellent Walkability & Central Location: A high Walk Score of 74 highlights the property's convenience, being centrally located near essential amenities such as shopping, dining, schools, a hospital, and offering easy freeway access.
Ample Parking: The property provides generous parking space, accommodating up to 6 cars, which is a notable advantage for a multi-unit property and in an urban setting.

Cons

Significant Overpricing Relative to Automated Valuation: The current listing price of $949,950 is substantially higher than the property's estimated value of $550,783.05, indicated by a -42% estimation ratio. This discrepancy could deter potential buyers and complicate financing.
Age of Original Structure: While extensively renovated, the main house was built in 1952. Buyers may have concerns about the age of the original foundation, plumbing, or electrical systems, even with modern cosmetic upgrades, if not explicitly addressed.
Potential for Market Resistance at Current Price Point: Despite the valuable ADU and extensive upgrades, the property's current list price, especially after a prior reduction from $999,950, suggests it may be testing the upper limits of the market in this specific Van Nuys location, potentially leading to longer market time.

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