16654 Kelsloan Street, Van Nuys, California 91406, Van Nuys, 91406 - 5 bed, 3 bath
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16654 Kelsloan Street
Van Nuys, California 91406
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
1,956Sq Ft
6,070Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,412,864
16% AboveMARKET VALUE
SUMMARY
This Modernized Multi-Generational Residence is listed at $1,650,000, representing a premium Lake Balboa acquisition. While the $1,451,753 Fair Market Value reflects local averages, this property stands out with a Top-Tier Condition Rating from an extensive renovation. Key features include a modern open-concept kitchen with quartz waterfall countertops and a fully permitted 1-bedroom ADU for rental income. Located within the Los Angeles Unified district near the prestigious Kester Avenue Elementary School (9/10), this turnkey sanctuary is perfectly suited for Owner-Occupants or Multi-generational Families seeking a sophisticated, move-in-ready lifestyle.
Estimated Market Value
$1,412,864
Based on Realkey algorithm analyzing recent comparable sales in Van Nuys.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16654 Kelsloan Street Subject | $1,650,000* List Price | 5 | 3 | 1,956 | $722 | - |
A 7455 Gaynor Avenue Sold | $1,270,000 | 4 | 4 | 1,909 | $665 | 0.9 mi |
B 7530 & 7532 Gaviota Avenue Active | $1,195,000 List Price | 3 | 3 | 1,873 | $638 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone an extensive, high-end renovation within the last 5 years. It features a modern open-concept kitchen with quartz waterfall countertops and stainless steel appliances, updated bathrooms with contemporary tile work, new flooring, recessed lighting, and a fully permitted modern ADU, meeting all current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Income Potential
The property includes a fully permitted 1-bedroom, 1-bathroom ADU, providing an immediate opportunity for rental income or a private space for multi-generational living.
- Prime Lake Balboa Location
Situated in a highly desirable neighborhood on a quiet street, the home offers excellent proximity to local parks, shopping, dining, and major freeways for easy commuting.
CONSRISKS & DEFICIENCIES
- Premium Price Point
The list price of $1.65 million is significantly high for the Van Nuys/Lake Balboa area relative to the square footage and lot size, potentially limiting the buyer pool.
- Underperforming Local Schools
While some elementary options are rated well, the assigned middle school has a low rating of 2/10, which may be a drawback for families prioritizing public education quality.
About 16654 Kelsloan Street
Spacious Lake Balboa Home with Bonus ADU – Perfect for Multi-Generational Living or Rental Income! A fantastic opportunity to own a 4-bedroom, 2-bathroom home with a permitted 1-bedroom, 1-bathroom ADU in the highly desirable Lake Balboa neighborhood! This charming property offers ample space, flexibility, and endless possibilities for homeowners and investors alike. Nestled on a quiet street, this home is close to parks, schools, shopping, dining, and major freeways, making it an excellent choice for convenience and comfort. Whether you're looking for a multi-generational home or a property with rental income potential, this gem in Lake Balboa is a must-see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,070 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Gault Street Elementary School
Grades K-5 • 0.6 mi
3/10
Gault Street Elementary School
Grades K-5 • 0.6 mi
3/10
Stagg Street Elementary School
Grades K-5 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,956 | 1,570.106 |
| Lot Size | 6,070 | 6,738.636 |
| Price | $1.65M | $941.1K |
| Price per sq ft | $844 | $602 |
| Built year | 1951 | 1952 |
| HOA | $0 | $52 |
| Days on market | 530 | 55 |
Pricing History
Listed for Sale
Mar 28, 2025
$1,650,000
Initial Listing