15425 Sherman 107a, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 1 bath

15425 Sherman 107a, Van Nuys, California 91406 home-pic-0
ACTIVE$375,000$750/sqft
15425 Sherman 107a, Van Nuys, California 91406
2Beds
1Bath
750Sqft
152,347Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Comprehensive Community Amenities: The gated community offers desirable amenities including a pool, spa, and gym, enhancing lifestyle and security for residents.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 590. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Price:$375.0K vs avg $475.0K ($-100,000)33%
Size:750 sqft vs avg 1,108.5 sqft17%
Price/sqft:$500 vs avg $42983%

More Insights

Built in 1976 (50 years old).
Condition: Despite being built in 1976, this unit presents as move-in ready due to significant modern updates. The kitchen features contemporary white cabinetry, sleek white countertops, and newer stainless steel appliances (range, dishwasher) and a modern black stainless steel refrigerator. The bathroom has also been updated with a modern gray vanity, white countertop, and updated fixtures. Throughout the living areas and bedrooms, there is clean, modern laminate flooring, and updated ceiling fans with lights. The overall condition is well-maintained with no immediate renovations required, aligning with a 'Good' rating.
Year Built
1976
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$500
HOA
$412.1
Days on market
-
Sold On
-
MLS number
GD26009158
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Gated Community * Located In The Heart Of Van Nuys * First Floor Unit * 2 Bedrooms / 1 Bathroom * 750sqft * 1976 Built * Open Floor Plan * Laminate Floors * Central A/C & Heat * Private Patio * Community Laundry * Community Pool, Spa & Gym * 2 Car Tandem Parking #68 With Storage * HOA $412.10/m * Easy Access To The Freeway * Close To Shopping

A
Artin Sarkissian
Listing Agent

Price History

Date
Event
Price
07/23/20
Sold
$220,000
12/14/12
Sold
$9,800,098
Condition Rating
Good

Despite being built in 1976, this unit presents as move-in ready due to significant modern updates. The kitchen features contemporary white cabinetry, sleek white countertops, and newer stainless steel appliances (range, dishwasher) and a modern black stainless steel refrigerator. The bathroom has also been updated with a modern gray vanity, white countertop, and updated fixtures. Throughout the living areas and bedrooms, there is clean, modern laminate flooring, and updated ceiling fans with lights. The overall condition is well-maintained with no immediate renovations required, aligning with a 'Good' rating.
Pros & Cons

Pros

Comprehensive Community Amenities: The gated community offers desirable amenities including a pool, spa, and gym, enhancing lifestyle and security for residents.
Prime Location & Accessibility: Located in the heart of Van Nuys with easy access to freeways and close proximity to shopping, providing excellent convenience.
Dedicated Two-Car Parking with Storage: Includes a valuable 2-car tandem parking space (#68) along with additional storage, a significant advantage in an urban environment.
Comfort Features: Equipped with central A/C and heat, ensuring year-round comfort, which is a key selling point for a 1976-built property.
Private Outdoor Space: As a first-floor unit, it features a private patio, offering desirable outdoor living space directly accessible from the unit.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 590. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
High Monthly HOA Dues: The $412.10/month HOA fee is relatively high for a 750 sqft unit, which can impact overall affordability and monthly expenses.
Shared Laundry Facilities: The property utilizes community laundry facilities rather than in-unit laundry, which can be a significant inconvenience for many potential buyers.
Tandem Parking Arrangement: While offering two parking spaces, the tandem setup can be less convenient than side-by-side parking, requiring coordination for vehicle access.
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