15354 Leadwell Street, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
ACTIVE$899,000
15354 Leadwell Street, Van Nuys, California 91406
2Beds
2Baths
1,304Sqft
6,752Lot
Price Vs. Estimate
The estimated value ($587,501.685) is $311,498.315 (34%) lower than the list price ($899,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Situated in a 'sweet pocket of Van Nuys,' offering convenient access to Lake Balboa, shopping, and restaurants, enhancing lifestyle and appeal.
Top Cons:
Bedroom Count Discrepancy: The property description states '3 bedroom/2 bath' while the structured data indicates '2 beds/2 baths,' which requires clarification for potential buyers.
Compared to the nearby listings
Price:$899.0K vs avg $900.0K ($-999)50%
Size:1,304 sqft vs avg 1,494 sqft36%
Price/sqft:$689 vs avg $61078%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, this property features an updated kitchen with 'newer style cabinets, countertop and appliances,' and hardwood floors in living areas, suggesting some recent updates. However, the description's phrase 'Bring your imagination to this one!' implies that further updates or personalization may be desired or required by a buyer. There is no information or imagery provided for the bathrooms, which is a critical factor for overall condition. Major systems (HVAC, plumbing, electrical, roof) are not mentioned as updated. While the kitchen is a positive, the overall age of the home and the lack of comprehensive renovation details for all key areas, particularly the bathrooms, place it in the 'Fair' category, indicating it's maintained but likely requires minor updates or repairs beyond the kitchen to meet modern standards throughout.
Year Built
1959
Close
-
List price
$899K
Original List price
$1.2M
Price/Sqft
$689
HOA
-
Days on market
-
Sold On
-
MLS number
SR24221891
Home ConditionFair
Features
Pool
Patio
View-
About this home
The story of this 3 bedroom/2 bath post-war charmer started in 1959 in a sweet pocket of Van Nuys, the ever epicenter of fun. Just a jaunty jaunt from Lake Balboa, the neighborhood has sidewalks that you can follow all the way to shopping and restaurants. The Kitchen has tiled floors, newer style cabinets, countertop and appliances. Hardwood floors and big back yard with covered patio and swimming pool perfect for entertaining. Bring your imagination to this one! Professional Pictures coming soon.
Condition Rating
Fair
Built in 1959, this property features an updated kitchen with 'newer style cabinets, countertop and appliances,' and hardwood floors in living areas, suggesting some recent updates. However, the description's phrase 'Bring your imagination to this one!' implies that further updates or personalization may be desired or required by a buyer. There is no information or imagery provided for the bathrooms, which is a critical factor for overall condition. Major systems (HVAC, plumbing, electrical, roof) are not mentioned as updated. While the kitchen is a positive, the overall age of the home and the lack of comprehensive renovation details for all key areas, particularly the bathrooms, place it in the 'Fair' category, indicating it's maintained but likely requires minor updates or repairs beyond the kitchen to meet modern standards throughout.
Pros & Cons
Pros
Desirable Location: Situated in a 'sweet pocket of Van Nuys,' offering convenient access to Lake Balboa, shopping, and restaurants, enhancing lifestyle and appeal.
Outdoor Entertainment Space: Features a large backyard with a covered patio and a swimming pool, perfect for entertaining and leisure activities.
Updated Kitchen: The kitchen boasts tiled floors, newer style cabinets, countertops, and appliances, providing a modern and functional cooking space.
Classic Hardwood Floors: The presence of hardwood floors throughout the home adds to its charm, durability, and aesthetic appeal.
Significant Price Reduction: The property has undergone a substantial price drop from its original list price of $1.2M to $899K, potentially attracting value-conscious buyers.
Cons
Bedroom Count Discrepancy: The property description states '3 bedroom/2 bath' while the structured data indicates '2 beds/2 baths,' which requires clarification for potential buyers.
Requires Buyer Vision & Further Presentation: Phrases like 'Bring your imagination to this one!' and 'Professional Pictures coming soon' suggest the property may require significant buyer vision and is not yet fully presented or updated, potentially deterring some buyers.
Significant Overpricing vs. Market Estimate: The current listing price of $899,000 is substantially higher than the property's estimated value of $587,501, indicating a potential overvaluation relative to current market data and comparable sales.