15540 Sherman Way 14, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath

15540 Sherman Way 14, Van Nuys, California 91406 home-pic-0

15540 Sherman Way 14

Van Nuys, California 91406

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,054Sq Ft
37,643Lot Size

Property Price

LIST PRICE$479,000

SUMMARY

Analysis of 15540 Sherman Way 14, Van Nuys, California 91406 is currently available with a list price of $479,000. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive recent renovation, featuring a modern open-concept kitchen with white shaker cabinetry, stone countertops, and stainless steel appliances. The interior is updated with contemporary laminate flooring, recessed lighting, and modernized bathrooms. Despite the 1961 build year, the unit presents as nearly new with high-quality finishes and no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modernized Open Layout

    The interior features a desirable open-concept floor plan and a kitchen updated with newer cabinetry and counters, offering a contemporary feel rare for its vintage.

  • In-Unit Convenience

    This unit includes highly sought-after features such as in-unit laundry and a private outdoor area, providing the privacy and functionality of a single-family home.

  • Prime Central Location

    Situated in the heart of Van Nuys, the property offers excellent proximity to major freeways, shopping, and dining, making it an ideal hub for commuters.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Originally constructed in 1961, the building may require ongoing maintenance or future assessments related to its older structural and utility systems.

  • Monthly Carrying Costs

    The $440 monthly association fee adds a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.

About 15540 Sherman Way 14

Step inside to discover an airy living space complemented by an open-concept layout ideal for both relaxing and entertaining. The spacious living and dining areas flow seamlessly into a well-appointed kitchen featuring newer cabinetry and counter space, making meal preparation a pleasure.Upstairs, you'll find comfortable and private living quarters designed for rest and retreat. Thoughtful details throughout the home create a warm and welcoming atmosphere, while abundant storage and in unit laundry add everyday practicality.Enjoy the benefits of townhome living with added privacy, plus a private outdoor area perfect for morning coffee or evening unwinding. The community offers amenities such as covered parking and a splashy pool as well as a peaceful environment. Whether you're a first-time buyer, downsizing, or looking for a smart investment opportunity, this Sherwood Park Townhome centrally located near shopping, dining, parks, and easy freeway access, provides the best of San Fernando Valley living.

Property Details

Public Facts

Property Type
Condominium
Year Built
1961
Lot Size
37,643 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$440.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,0541,064.5
50%
Lot Size37,64343,532
50%
Price$479.0K$472.0K
50%
Price per sq ft$454$414
83%
Built year19611981
17%
HOA$440.0$468
50%
Days on market22156
33%

Pricing History

Listed for Sale

Feb 12, 2026

$479,000

Initial Listing

Sold

Nov 21, 2017

$295,000

Public Record

Sold

Aug 9, 2013

$155,000

Public Record

Sold

Sep 17, 2003

$174,000

Public Record

Sold

Jun 30, 2003

$60,500

Public Record

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