
Van Nuys, California 91406
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $850,000—positioned well below the $861,801 Fair Market Value by 1%. This valuation gap offers $11,801 in Instant Equity. The property maintains a Good Condition Rating, featuring a newer roof, solar panels, and a private swimming pool with a gazebo. With ADU potential and access to the top-rated Kester Avenue Elementary School (9/10), it balances lifestyle and investment. This is an ideal opportunity for Owner-Occupants or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16637 Victory Boulevard Subject | $799,000* List Price | 3 | 2 | 1,206 | $705 | - |
A 6447 Forbes Avenue Sold | $870,000 | 3 | 2 | 1,425 | $611 | 0.2 mi |
B 16154 Gilmore Sold | $850,000 | 3 | 2 | 1,090 | $780 | 0.6 mi |
C 6446 Mclennan Sold | $825,000 | 3 | 2 | 1,609 | $513 | 0.2 mi |
D 15933 Haynes Street Sold | $995,000 | 4 | 2 | 1,348 | $738 | 0.9 mi |
E 6440 Petit Avenue Active | $960,000 List Price | 3 | 2 | 1,216 | $789 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1953, it is well-maintained and move-in ready. The kitchen has been updated with shaker-style cabinetry and stone backsplashes (appearing to be 5-15 years old), and the home features hardwood flooring. Significant value is added by the roof and solar panels being less than 5 years old, though the overall interior aesthetic places it in the 'Good' category rather than 'Excellent'.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a roof and solar panels that are both less than five years old, providing immediate energy efficiency and significant long-term cost savings for the homeowner.
The private backyard is a standout feature, boasting a sparkling swimming pool and a gazebo, creating a premium space for relaxation and social gatherings.
Situated on Victory Boulevard, a major thoroughfare, the property may experience increased street noise and traffic volume compared to homes located on quieter residential streets.
With only 1,206 square feet of living space for a three-bedroom configuration, the interior layout may feel somewhat restrictive for larger families or those desiring spacious common areas.
This charming 3-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and opportunity. Featuring a versatile bonus room ideal for a home office, guest space, the layout adapts to a variety of needs. The updated kitchen and rich hardwood flooring add both style and value, while the enchanting backyard creates a private retreat complete with a sparkling swimming pool and gazebo—perfect for entertaining or relaxing. Major upgrades include a roof and solar panels, both less than five years old, providing energy efficiency and long-term savings. The property also presents excellent potential for an ADU (buyer to verify), making it an attractive option for investors or multigenerational living. Ideally located near Lake Balboa Park, Sepulveda Basin Dog Park, the Japanese Garden (Van Nuys), and the Encino Farmers Market, this home delivers an exceptional lifestyle with convenient access to the 101 and 405 freeways. A standout opportunity in a highly desirable, Encino-adjacent location—ideal for both homeowners and savvy investors. Seller is a licensed real estate agent in the State of California. Listing agent is the property owner. All information deemed reliable but not guaranteed; buyer to verify all aspects of the property including square footage, permits, and potential uses.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,206 | 1,521 | 25% |
| Lot Size | 6,241 | 6,525 | 36% |
| Price | $799.0K | $885.0K | 21% |
| Price per sq ft | $663 | $600 | 64% |
| Built year | 1953 | 1950 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 137 | 2% |
May 29, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
May 6, 2026
$850,000
Initial Listing
Feb 1, 2011
$298,000
Public Record
Dec 19, 2005
$569,000
Public Record