RealKey
‪(213) 433-7766‬

15841 Marlin Place, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath

15841 Marlin Place, Van Nuys, California 91406 home-pic-0
ACTIVE$865,000
15841 Marlin Place, Van Nuys, California 91406
2Beds
2Baths
1,134Sqft
7,257Lot
Year Built
1949
Close
-
List price
$865K
Original List price
$890K
Price/Sqft
$763
HOA
-
Days on market
-
Sold On
-
MLS number
WS25188482
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $865.0K(40th), sqft - 1134(16th), beds - 2(14th), baths - 2(50th).

Recently remodeled 2 bedroom 2 bath single family home in Lake Balboa. Additional den can possibly be converted into a third bedroom. Detached garage can possibly be converted to an ADU, generating extra income. Please check with city. Buyer to do their own due diligence. Gated with good size front yard and backyard for added privacy. There are several fruit trees. Pomegranate, Avocado, Orange, Lemon, Tangerine, etc. Renovations include: new sewer, copper pipping, roof, exterior and interior painting, AC motor, and fence. Central AC and heating. Outdoor built in table and bench. Built in BBQ. Laundry - washer and dryer hook up in exterior closet. Carport for additional parking space. Conveniently next to the 405 freeway. Minutes away from the Van Nuys Airport and Lake Balboa.

Price History

Date
Event
Price
10/10/25
Price Change
$865,000-2.8%
08/20/25
Listing
$890,000
Condition Rating
Excellent
Despite being built in 1949, this property has undergone a comprehensive and recent renovation, aligning with the 'Excellent' condition criteria for an extensively renovated home. The description explicitly states 'Recently remodeled' and lists significant updates including new sewer, copper piping, roof, exterior/interior painting, AC motor, and central AC/heating. The images confirm a virtually new interior, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. Both bathrooms are fully updated with modern vanities, tiled showers/tubs, and contemporary fixtures. The flooring throughout is consistent modern laminate, and the paint is fresh, indicating no deferred maintenance and a high standard of recent quality.
Pros & Cons

Pros

Extensive Recent Renovations: Property boasts significant upgrades including new sewer, copper piping, roof, interior/exterior paint, AC motor, and fence, ensuring modern functionality and reduced immediate maintenance.
ADU Conversion Potential: The detached garage presents a valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), offering potential for rental income or expanded living space.
Flexible Floor Plan: An additional den provides the flexibility to be converted into a third bedroom, adapting to varying family needs or increasing property value.
Enhanced Outdoor Living & Privacy: Features a gated property with a good-sized front and backyard, mature fruit trees, a built-in BBQ, and outdoor seating, ideal for entertaining and private enjoyment.
Convenient Location: Strategically located next to the 405 freeway and minutes from Van Nuys Airport and Lake Balboa, offering excellent accessibility and recreational opportunities.

Cons

Overpriced Relative to Market Estimate: The current listing price of $865,000 is 6% higher than the estimated property value of $811,078.97, which may affect market competitiveness.
Uncertain ADU Conversion Process: While ADU potential exists, the listing explicitly requires buyer due diligence with the city, indicating the conversion is not pre-approved and may involve additional time and cost.
Exterior Laundry Location: The washer and dryer hookups are situated in an exterior closet, which is less convenient and potentially exposed to elements compared to an indoor laundry room.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state