15511 Sherman Way, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath

15511 Sherman Way
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 15511 Sherman Way, Van Nuys, California 91406 is currently available with a list price of $460,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1978, the property has undergone a very recent and extensive renovation. The description highlights 'newly upgraded,' 'brand-new flooring,' 'fresh interior paint,' 'new recessed lighting,' 'updated kitchen boasts newly refinished cabinetry, updated countertops, and brand-new appliances,' and 'tastefully updated bathrooms with modern fixtures.' The images confirm these upgrades, showcasing a modern kitchen with new stainless steel appliances, quartz countertops, and contemporary cabinetry, as well as updated bathrooms with backlit LED mirrors and new vanities. All interior components appear virtually new and meet current quality standards, aligning with the 'excellent' criteria for a property extensively renovated within 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The unit is move-in ready with brand-new flooring, fresh interior paint, new recessed lighting, an updated kitchen with new appliances, and tastefully updated bathrooms.
- Comprehensive Amenities
Features include in-unit laundry, central A/C and heat, two assigned parking spaces in a secure gated community, plus community pool, spa, and well-maintained grounds.
- Private Outdoor Space
A private patio extends the living area, offering a comfortable and secluded outdoor retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =109335, other record lot size in square feet = 109147. Living area discrepancy between mls listing and other public or private record. mls listing living area = 959, other record living area = 715. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Building Age
Built in 1978, the overall building infrastructure may be older, potentially leading to future common area maintenance or assessment costs.
- Monthly HOA Fees
The $375.0 monthly association fee adds a significant recurring cost to homeownership.
About 15511 Sherman Way
Step into this newly upgraded, lower-level 2 bedroom, 2 bathroom condo with modern finishes and a move-in–ready feel in the heart of Van Nuys. The unit features brand-new flooring, fresh interior paint, and new recessed lighting that brightens the open-concept living space. A private patio extends the living area and provides a comfortable outdoor retreat. The updated kitchen boasts newly refinished cabinetry, updated countertops, and brand-new appliances including a refrigerator, dishwasher, microwave, and hood. The functional layout flows seamlessly into the dining and living areas—great for everyday living or hosting guests. Both bathrooms have been tastefully updated with modern fixtures and refreshed finishes. The split-bedroom layout enhances privacy, with the primary suite offering its own upgraded en-suite bathroom and generous closet space. Additional highlights include in-unit laundry, central A/C and heat, and two assigned parking spaces in a secure gated community. Community amenities include a pool, spa, and well-maintained grounds. Conveniently located near shopping, dining, transit, and major freeways, this newly upgraded condo delivers comfort, style, and convenience in a prime San Fernando Valley location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 109,335.602 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 959 | 1,063.5 | 17% |
| Lot Size | 109,335.602 | 61,497.5 | 83% |
| Price | $460.0K | $462.5K | 50% |
| Price per sq ft | $480 | $414 | 83% |
| Built year | 1978 | 1981 | 33% |
| HOA | $375.0 | $452 | 33% |
| Days on market | 60 | 156 | 33% |
Pricing History
Listed for Sale
Jan 5, 2026
$460,000
Initial Listing
Sold
Nov 16, 2010
$88,000
Public Record
Sold
Aug 8, 2008
$150,000
Public Record
Sold
May 19, 2005
$228,000
Public Record
Sold
Oct 9, 1998
$40,500
Public Record















































