15735 Bassett Street, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
15735 Bassett Street
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 15735 Bassett Street, Van Nuys, California 91406 reveals a Prime Investment Opportunity with a current list price of $925,000—significantly undercutting the $1,003,468 Fair Market Value by 7%. This valuation gap indicates a +$78,468 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15735 Bassett Street Subject | $925,000* List Price | 3 | 2 | 1,740 | $577 | - |
A 6649 Whitman Avenue Sold | $859,000 | 4 | 2 | 1,605 | $535 | 0.3 mi |
B 15354 Runnymede Street Sold | $865,000 | 4 | 2 | 1,774 | $488 | 0.8 mi |
C 7407 Densmore Avenue Sold | $725,000 | 3 | 1 | 1,356 | $535 | 0.6 mi |
D 15454 Archwood Street Sold | $725,000 | 3 | 2 | 1,274 | $569 | 0.4 mi |
E 7445 Orion Avenue Sold | $790,000 | 2 | 2 | 1,273 | $621 | 0.8 mi |
F 16024 Hart Pending | $828,000 List Price | 3 | 3 | 1,829 | $453 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1958 mid-century home that showcases high-quality preservation rather than modern renovation. While the original oak hardwood floors are in excellent condition and the backyard has been updated with a saltwater pool and turf, the kitchen and bathrooms remain in their original 'retro' state with 1950s-style turquoise appliances and tiled surfaces. Because the core interior components are over 60 years old and have not been extensively renovated to meet current modern standards, it falls into the 'Fair' category despite its move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8304, living area = 1740.
- Resort-Style Backyard
The property features a private oasis with a sparkling saltwater pool, covered patio, and a variety of mature fruit trees, offering an exceptional space for outdoor entertaining.
- Authentic Mid-Century Character
Beautifully preserved with original oak hardwood floors and a unique retro kitchen with turquoise appliances, this home offers timeless charm that is highly desirable for vintage enthusiasts.
CONSRISKS & DEFICIENCIES
- Dated Kitchen and Finishes
While charmingly retro, the original 1950s-style kitchen and appliances may be seen as outdated by modern buyers looking for contemporary upgrades and energy efficiency.
- Potential Age-Related Maintenance
Built in 1958 with many original features, the home may require updates to its core infrastructure, such as electrical or plumbing systems, to meet current standards.
About 15735 Bassett Street
Whether you're drawn to cool, shabby-chic style or authentic mid-century charm, this Lake Balboa classic delivers timeless character paired with resort-style outdoor living. Located at 15735 Bassett Ave in Lake Balboa (Van Nuys), Los Angeles, this beautifully preserved single-story home showcases original oak hardwood floors throughout, creating warmth and continuity from the moment you step inside.The inviting living room features a classic fireplace and oversized sliding glass doors that flood the space with natural light while seamlessly blending indoor and outdoor living. The oversized retro kitchen is a true standout, complete with turquoise blue built-in appliances, abundant counter space, generous cabinetry, and a spacious eat-in breakfast area. Adjacent to the kitchen, a flexible dining room offers options for formal dining, a home office, creative studio, or additional entertaining space. Direct access to the attached 2-car garage adds everyday convenience.The private primary suite includes its own en-suite bathroom and sliding glass doors that open directly to the backyard retreat. Additional bedrooms provide flexibility for family, guests, or work-from-home needs.Step outside to your own private oasis featuring a sparkling saltwater pool, covered patio for shaded dining, turf-style grassy area ideal for play or pets, and generous entertaining space designed for summer gatherings and year-round enjoyment with Banana, lime, Lemon, Fig and Peach trees. The seamless indoor-outdoor flow makes this home perfect for Southern California living.Situated in the highly desirable Lake Balboa neighborhood of the San Fernando Valley, residents enjoy proximity to Lake Balboa Park, the Sepulveda Basin Recreation Area, golf courses and bike paths. The area is known for its tree-lined streets, community feel, and convenient access to the 405 and 101 freeways, offering easy connectivity to Sherman Oaks, Encino, Studio City, and beyond.A rare opportunity to own a character-rich mid-century pool home with authentic details, strong indoor-outdoor flow, and an unbeatable Valley location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 8,304 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,740 | 1,509 | 67% |
| Lot Size | 8,304 | 6,550 | 85% |
| Price | $925.0K | $875.0K | 63% |
| Price per sq ft | $532 | $608 | 29% |
| Built year | 1958 | 1950 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 164 | 1% |
Pricing History
Listed for Sale
Feb 13, 2026
$925,000
Initial Listing
Sold
Oct 19, 2018
$640,000
Public Record
Sold
Jun 22, 2007
$559,000
Public Record