15946 Vanowen Street 209, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath
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Van Nuys, California 91406
This Versatile Condominium represents a Strong Value Opportunity, listed at $395,000—positioned well above the $369,922 Fair Market Value by 6%. While priced slightly above market, the unit features a Condition Rating of 3 with modern Granite Countertops and Wood-Style Flooring. The unique loft layout provides exceptional flexibility for a home office or third bedroom. Its central location near the 405 and 101 freeways ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-connected urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15946 Vanowen Street 209 Subject | $395,000* List Price | 2 | 2 | 729 | $507 | - |
A 7135 Firmament Sold | $474,000 | 2 | 2 | 961 | $493 | 0.6 mi |
B 15511 Sherman Way Sold | $455,000 | 2 | 2 | 959 | $474 | 0.8 mi |
C 7045 Woodley Avenue 110 Active | $349,800 List Price | 2 | 2 | 813 | $430 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984 but features significant cosmetic updates including granite countertops and wood-style flooring. The unit appears well-maintained, functional, and move-in ready, aligning with the criteria for a 5-15 year old renovation despite the chronological age of the structure.
The inclusion of a large loft in addition to two bedrooms provides exceptional flexibility, allowing the space to function as a home office, guest suite, or a third bedroom.
The unit boasts high ceilings and large windows for ample natural light, complemented by granite countertops, wood-style flooring, and the high-demand convenience of in-unit laundry hookups.
Ideally situated with quick access to both the 405 and 101 freeways, this property offers a central San Fernando Valley location near major shopping, dining, and recreation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $630 is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With only 729 square feet to accommodate two bedrooms plus a loft, the living areas and bedrooms may feel cramped and lack the scale expected for a multi-room configuration.
Located in the heart of the San Fernando Valley, this bright and inviting condo offers comfort, space, and flexibility. Featuring 2 spacious bedrooms plus a large loft that can be used as a home office, guest room, or possible 3rd bedroom. The open floor plan features high ceilings, large windows, and plenty of natural light throughout. Enjoy a private balcony off the living room, perfect for relaxing or enjoying your morning coffee. The kitchen offers granite countertops and plenty of cabinet space, while the wood-style flooring adds warmth and charm. Additional features include in-unit laundry hookups, gated tandem 2-car underground parking, and private storage space. Conveniently located near the 405 and 101 freeways, shopping, restaurants, parks, golf courses, and many popular Valley destinations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 729 | 962.5 | 10% |
| Lot Size | 16,705 | 43,532 | 10% |
| Price | $395.0K | $407.5K | 40% |
| Price per sq ft | $542 | $432 | 90% |
| Built year | 1984 | 1980 | 80% |
| HOA | $630.0 | $508 | 80% |
| Days on market | 8 | 142 | 10% |
May 29, 2026
$395,000
Initial Listing
Dec 21, 2020
$335,000
Public Record
Dec 2, 2003
$183,000
Public Record
Jan 24, 2003
$144,500
Public Record
Jan 22, 2003
$144,090
Public Record
Feb 29, 1996
$60,000
Public Record