17435 Runnymede Street, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 1 bath
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Van Nuys, California 91406
This Value-Add Residential Asset is listed at $774,950, representing a strategic acquisition opportunity despite the $617,338 Fair Market Value estimation. Carrying a Condition Rating of 5, the property serves as a "blank canvas" for those looking to capitalize on the 5,988 Square Foot Lot and significant expansion potential. The location is a major draw, situated near Anatola Avenue Elementary and the highly-rated Kester Avenue Elementary School within the Los Angeles Unified district. This project is perfectly suited for Fix-and-Flip Investors or Contractors ready to force appreciation through a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17435 Runnymede Street Subject | $754,950* List Price | 2 | 1 | 799 | $772 | - |
A 7507 Oak Park Avenue Sold | $710,000 | 2 | 1 | 862 | $824 | 0.4 mi |
B 7352 Amestoy Active | $625,625 List Price | 2 | 1 | 862 | $726 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and held by the original family, the property is in mostly original condition and requires a full rehab. The kitchen features peeling vinyl flooring and dated cabinetry, the bathroom is significantly outdated, and the interior shows visible signs of deferred maintenance including ceiling damage. The listing explicitly markets the home as a 'blank canvas' for investors or those looking to redesign.
Elementary School: Kester Avenue Elementary School (9/10).
Situated on a nearly 6,000 sqft lot with a small 799 sqft footprint, this property offers a 'blank canvas' opportunity for investors or owners to significantly increase value through expansion or the addition of an ADU.
The home is exceptionally well-located for families, sitting within walking distance of multiple schools—including Anatola Avenue Elementary just 0.16 miles away—and close to major commuter routes and shopping.
At under 800 square feet with only two bedrooms and one bathroom, the current interior size may be too restrictive for many modern buyers without immediate and costly expansion.
Marketed as a 'blank canvas' after 70+ years of single-family ownership, the property likely requires a substantial budget to modernize 1950s-era systems, fixtures, and finishes to meet today's standards.
Fixer opportunity - This charming 2-bedroom, 1-bath home offers 799sqft of living space and has been lovingly held by the original family since 1950. Now it’s ready for its next chapter. Situated in a well-established neighborhood, this home features a functional layout, one-car garage, and the kind of potential that’s getting harder to find. Unique touches include built-in cabinets and shelving in one of the bedrooms, along with a built-in pantry in the kitchen—adding both character and practical storage. Whether you’re an investor, first-time buyer, or someone looking to create a home tailored to your vision, this is your chance to step in and add real value. Think of it as a true blank canvas—update, expand, or redesign to fit your style. With strong upside potential and a location close to shopping, dining, and major commuter routes, and walking distance to schools, this is a smart buy in today’s market. Don’t miss this rare chance to transform a long-held family home into your something special. Call today to schedule a showing!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 799 | 1,516 | 1% |
| Lot Size | 5,988 | 6,541 | 13% |
| Price | $755.0K | $885.0K | 15% |
| Price per sq ft | $945 | $603 | 98% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 137 | 5% |
May 14, 2026
$754,950
$764,950
-1% Price Drop
Initial Listing
May 8, 2026
$764,950
$774,950
-1% Price Drop
Initial Listing
Apr 21, 2026
$774,950
Initial Listing