15415 Saticoy Street, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 5 bath

15415 Saticoy Street, Van Nuys, California 91406 home-pic-0
ACTIVE$1,535,000
15415 Saticoy Street, Van Nuys, California 91406
3Beds
5Baths
3,100Sqft
5,734Lot

Price Vs. Estimate

The estimated value ($1,512,999.63) is $22,000.37 (1%) lower than the list price ($1,535,000). This property may be overpriced.

Key pros and cons

Top Pros:
Recent Renovations: The property features a new roof, AC system, and water heater, reducing immediate maintenance concerns.
Top Cons:
Tenant Occupied: The property is currently tenant-occupied on a month-to-month basis, which may limit immediate owner occupancy.

Compared to the nearby listings

Price:$1.53M vs avg $900.0K (+$635,000)98%
Size:3,100 sqft vs avg 1,496 sqft99%
Price/sqft:$495 vs avg $60413%

More Insights

Built in 1977 (48 years old).
Condition: The property was built in 1977 and renovated in 2020 with a new roof, AC, and water heater. The kitchen and bathrooms appear dated but functional. The pool was re-plastered in 2020. While some updates have been made, the overall style and some features are aged, suggesting it requires minor updates to meet current standards.
Year Built
1977
Close
-
List price
$1.53M
Original List price
$1.53M
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
25498943
Home ConditionFair
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

More than 3000 sqft of living space (buyer to verify), open & delightful floor plan, sunken living, dining room, & den in the first floor, with a beautiful original hardwood stairway leading to the second floor, where you'll find the spacious master bedroom plus 4 additional rooms/offices & 3 full baths. Master bedroom leads to a sizable and delightful wraparound balcony overlooking the pomegranate and apple tree in the front yard, and, oh, don't forget the awesome persimmons tree and the bogenvilla galore throughout the house! The sparkling pool was completely re-plastered in 2020, still keeps the blue tile charm. At the same time the house also was renovated with a new roof, new AC system, and new water heater, and quite a few new French windows. Georgios built-in blue tiled BBQ and gazebo each side of the pool & spa for your entertainment. This beautiful house is in a stones throw away from Lake Balboa & Midvale, less than a mile from the airport, 5.6 mile from Northridge U, 7.7 miles from Pierce college, and less than 10 miles from the Valley College, close to Sepulveda buses and shopping, minutes to the Sherman Oaks Galleria. Among the best price per square foot in the Lake Balboa/Van Nuys area. The house is suitable for a large family, bunch of roommates, or a designated cash cow Airbnb for an experienced investor, or a savvy investor might be interested in keeping the tenant as he's always on time paying rent, (call for details) and on a month to month tenancy, has shown a strong desire to stay. Possible ADU with the huge double car garage (plse verify with the City). Both the double car garage and the gate operate electronically. Huge 2 car covered garage, possible as AUD? 9plse check with the Building & Safety/zoning 2 the City. Buyer to cooperate with seller's 1031 exchange @ no cost to the buyer.

Condition Rating
Fair

The property was built in 1977 and renovated in 2020 with a new roof, AC, and water heater. The kitchen and bathrooms appear dated but functional. The pool was re-plastered in 2020. While some updates have been made, the overall style and some features are aged, suggesting it requires minor updates to meet current standards.
Pros & Cons

Pros

Recent Renovations: The property features a new roof, AC system, and water heater, reducing immediate maintenance concerns.
Pool and Outdoor Entertainment: The re-plastered pool, Georgios BBQ, and gazebo offer excellent outdoor entertainment opportunities.
Location: Proximity to Lake Balboa, the airport, and multiple colleges enhances its appeal to various demographics.

Cons

Tenant Occupied: The property is currently tenant-occupied on a month-to-month basis, which may limit immediate owner occupancy.
ADU Uncertainty: ADU potential requires verification with the city, adding a layer of due diligence for potential investors.

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