17500 Sherman Way 102, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 2 bath
17500 Sherman Way 102
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 17500 Sherman Way 102, Van Nuys, California 91406 is currently available with a list price of $659,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The condominium, built in 1981, presents as move-in ready due to significant interior updates. The kitchen features modern dark shaker cabinets, light countertops, a stylish mosaic backsplash, stainless steel appliances (including a modern range hood and farmhouse sink), and recessed lighting, indicating a recent renovation. Bathrooms also appear updated with stone tiling and modern vanities. Throughout the main living areas, there is consistent light wood-look flooring, fresh light grey paint, and recessed lighting, contributing to a contemporary feel. While the building's exterior and overall age are older, the unit's interior renovations are substantial enough to place it firmly in the 'good' category, requiring no immediate updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Spacious Living Area
The condominium offers a generous 1,862 square feet of living space with 3 bedrooms and 2 bathrooms, providing ample room for comfort and versatility.
- Updated Kitchen
Features an updated kitchen, a significant selling point that aligns with modern buyer preferences and minimizes immediate renovation needs.
CONSRISKS & DEFICIENCIES
- Significant Monthly HOA Dues
The $500 monthly association fee is a considerable recurring expense that could impact affordability and budget for prospective buyers.
- Lack of Scenic Views
The property explicitly states 'view: None,' indicating an absence of scenic or desirable outlooks, which may be a drawback for some buyers.
- Building Age
Constructed in 1981, while the kitchen is updated, other areas or building systems may require future modernization or maintenance, potentially incurring additional costs.
About 17500 Sherman Way 102
Welcome to this spacious and light-filled 3-bedroom, 2-bathroom condominium in the desirable Gateway Condominiums community. Featuring approximately 1,862 square feet of living space, updated kitchen, this well-designed floor plan offers generous room sizes, abundant natural light, and a comfortable layout perfect for both everyday living and entertaining. The large living room flows seamlessly to a dining area and kitchen, creating an open and inviting atmosphere. Residents enjoy amenities including gated secured access, community pool, spa, and sauna.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 40,417 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Anatola Avenue Elementary School
Grades K-5 • 0.2 mi
Anatola Avenue Elementary School
Grades K-5 • 0.3 mi
Lemay Street Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,862 | 1,147 | 83% |
| Lot Size | 40,417 | 44,919 | 50% |
| Price | $659.0K | $475.0K | 83% |
| Price per sq ft | $354 | $394 | 33% |
| Built year | 1981 | 1981 | 50% |
| HOA | $500.0 | $495 | 67% |
| Days on market | 33 | 156 | 33% |
Pricing History
Listed for Sale
Feb 2, 2026
$659,000
Initial Listing
Price Change
Feb 1, 2026
$649,000
Initial Listing