16154 Gilmore, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$835,000
16154 Gilmore, Van Nuys, California 91406
3Beds
2Baths
1,090Sqft
6,391Lot
Price Vs. Estimate
The estimated value ($819,691.99) is $15,308.01 (1%) lower than the list price ($835,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Privacy: Situated on a rare double cul-de-sac and corner lot in a peaceful pocket of Van Nuys, offering enhanced privacy, reduced traffic, and strong curb appeal.
Top Cons:
Age of Property: Built in 1950, the home may require significant updates to its core systems (e.g., plumbing, electrical, HVAC) and finishes to meet modern standards, potentially incurring additional costs.
Compared to the nearby listings
Price:$835.0K vs avg $900.0K ($-64,999)34%
Size:1,090 sqft vs avg 1,494 sqft8%
Price/sqft:$766 vs avg $61093%
More Insights
Built in 1950 (75 years old).
Condition: Built in 1950, this home shows a mix of updates and original features. While some areas like the living room and bedrooms have updated flooring and paint, and the kitchen features modern stainless steel appliances, the kitchen countertops and floor are dated. One bathroom is significantly outdated with original-style tiles and vanity, while the other has a more recent vanity update. The presence of multiple window AC units suggests a lack of central air conditioning, indicating that major systems are functional but outdated. The property is well-maintained but requires minor updates to meet modern standards, aligning with the 'Fair' condition criteria.
Year Built
1950
Close
-
List price
$835K
Original List price
$835K
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
BB25260793
Home ConditionFair
Features
Good View: Golf Course
ViewGolf Course
About this home
Charming single-story home on a rare double cul-de-sac! This beautiful 3-bed, 2-bath corner-lot property s ready for you!! This special home offers a welcoming layout filled with exceptional space to make this place your dream abode. The huge back yard is perfect for relaxation, gardening, or outdoor entertainment. The detached garage provides excellent ADU potential for a guest unit, studio, or added income. (Buyer to verify all building rules and requirements with the City.) Enjoy mature trees, sunny outdoor spaces, and strong curb appeal. Located just moments from Van Nuys Golf Course, dining, shopping, entertainment, and convenient freeway access. A unique opportunity in one of Van Nuys’ most peaceful pockets!
Price History
Date
Event
Price
12/10/21
Sold
$740,000
03/05/18
Sold
$500,000
07/10/06
Sold
$435,000
Condition Rating
Fair
Built in 1950, this home shows a mix of updates and original features. While some areas like the living room and bedrooms have updated flooring and paint, and the kitchen features modern stainless steel appliances, the kitchen countertops and floor are dated. One bathroom is significantly outdated with original-style tiles and vanity, while the other has a more recent vanity update. The presence of multiple window AC units suggests a lack of central air conditioning, indicating that major systems are functional but outdated. The property is well-maintained but requires minor updates to meet modern standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location & Privacy: Situated on a rare double cul-de-sac and corner lot in a peaceful pocket of Van Nuys, offering enhanced privacy, reduced traffic, and strong curb appeal.
ADU Potential: The detached garage provides excellent Accessory Dwelling Unit (ADU) potential, offering opportunities for rental income, a guest unit, or a studio.
Expansive Outdoor Space: Features a huge backyard perfect for relaxation, gardening, or outdoor entertainment, complemented by mature trees and sunny outdoor spaces.
Golf Course View & Proximity: Offers a desirable golf course view and is conveniently located just moments from the Van Nuys Golf Course, appealing to golf enthusiasts and providing scenic surroundings.
Convenient Access: Located moments from dining, shopping, entertainment, and convenient freeway access, enhancing daily living and commute.
Cons
Age of Property: Built in 1950, the home may require significant updates to its core systems (e.g., plumbing, electrical, HVAC) and finishes to meet modern standards, potentially incurring additional costs.
Compact Interior Space: With 1090 sqft for 3 bedrooms and 2 bathrooms, the interior living space is relatively compact, which might be a limiting factor for buyers seeking larger rooms or more expansive living areas.
ADU Conversion Uncertainty: While offering ADU potential, the description explicitly states 'Buyer to verify all building rules and requirements with the City,' indicating that the conversion process is not guaranteed or pre-approved, adding complexity and potential costs for the buyer.