15902 Gault Street, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
15902 Gault Street
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 15902 Gault Street, Van Nuys, California 91406 reveals a Prime Investment Opportunity with a current list price of $995,000—significantly undercutting the $1,033,109 Fair Market Value by 3%. This valuation gap indicates a +$38,109 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15902 Gault Street Subject | $995,000* List Price | 3 | 2 | 2,062 | $501 | - |
A 15410 Wyandotte Street Sold | $1,175,000 | 3 | 2 | 1,956 | $601 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1947 original home is a classic fixer-upper requiring a complete renovation. The interior features outdated wood paneling, acoustic ceilings, and worn carpeting. The kitchen and bathrooms retain vintage tiling and cabinetry from several decades ago, and the listing description explicitly states the property awaits a 'visionary makeover' and 'creative transformation,' signaling that major systems and finishes are at the end of their functional lifespan.
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 = 14008, living area = 2062.
- Expansive Corner Lot
The massive 14,000+ square foot corner lot provides exceptional privacy behind private gates and significant potential for an ADU or future expansion.
- Impressive Curb Presence
A grand circular driveway offers ample parking and a stately entrance, a rare feature in the area that enhances the property's long-term value and appeal.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
As an original 1947 home, the interior requires a complete visionary makeover, making it unsuitable for buyers seeking a move-in-ready residence.
- Significant Capital Investment
Beyond the purchase price, buyers will need to budget for substantial additional costs to modernize the structure and systems to meet contemporary standards.
About 15902 Gault Street
Unlock the potential of this rare Lake Balboa opportunity. An expansive corner 14,000 square foot lot, this estate set behind private gates, offers exceptional space, privacy, and promise. This original home is ready for a visionary makeover, making it ideal for investors, builders, or buyers eager to create their own dream residence.Sitting on a generous parcel, the property features a grand circular driveway that provides impressive curb presence and ample parking. The backyard offers a true California lifestyle setting with a large kidney shaped pool and plenty of room to reimagine outdoor living, entertaining, or future expansion. Inside, the home awaits renovation and creative transformation. Whether you're looking to restore its original charm or design a modern showplace, the footprint and lot size give you the freedom to bring your vision to life. A rare chance to craft something extraordinary in one of Lake Balboa's most desirable pockets--this is the project you've been waiting for. Possible ADU potential may be feasible within the boundaries of this expansive location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 14,008 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 | 2,062 | 1,509 | 82% |
| Lot Size | 14,008 | 6,550 | 90% |
| Price | $995.0K | $875.0K | 73% |
| Price per sq ft | $483 | $608 | 14% |
| Built year | 1947 | 1950 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 164 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$995,000
Initial Listing