17522 Sherman Way 202, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 3 bath
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Van Nuys, California 91406
This Spacious Condominium represents a Strong Value Opportunity, listed at $650,000—positioned well below the $645,480 Fair Market Value by -0.7%. While priced at market, the unit offers 2,046 square feet of living space, a Versatile Bonus Room, and a Private Balcony. With a Condition Rating of 4, the property features modern flooring but requires cosmetic updates to bathrooms and cabinetry. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a large, customizable footprint in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17522 Sherman Way 202 Subject | $625,000* List Price | 2 | 3 | 2,046 | $310 | - |
A 7100 Balboa Boulevard 703 Sold | $585,000 | 2 | 3 | 1,580 | $370 | 0.8 mi |
B 7100 Balboa Boulevard 1003 Active Under Contract | $535,000 List Price | 2 | 3 | 1,580 | $339 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property features some modern updates like laminate flooring and recessed lighting. However, the bathrooms and built-in cabinetry are significantly dated (original or 20+ years old), requiring modernization to meet current standards.
At 2,046 square feet, this unit is significantly larger than the average two-bedroom condo, offering a rare amount of living space and a competitive price-per-square-foot.
Both bedrooms feature private en-suite bathrooms and ample closet space, providing an ideal setup for privacy and functionality that appeals to both families and roommates.
The inclusion of an additional flexible room allows for a dedicated home office, fitness area, or nursery, catering perfectly to modern lifestyle demands.
The property was recently sold within the past year on 2026-02-11. The sold price is $650,000.00.
The monthly HOA fee of $570 is a substantial recurring expense that may impact buyer affordability and overall carrying costs.
The assigned elementary and middle schools have relatively low ratings (3 out of 10), which may be a deterrent for families prioritizing education and could affect future resale value.
Experience comfort and convenience at 17522 Sherman Way, a stylish 2-bedroom, 3-bathroom condo located in a central Van Nuys location. This spacious home features an open-concept living area filled with natural light, sleek modern finishes, and a thoughtfully designed kitchen with generous cabinet space—ideal for everyday use and entertaining. Each bedroom includes an en-suite bathroom and ample closet space, offering both privacy and functionality. An additional room provides flexibility for a home office, fitness space, or extra living area. Enjoy in-unit laundry, recessed lighting, and a private balcony perfect for relaxing or starting the day with fresh air. Located close to shopping, dining, and major freeways, this home is a great option for those looking to enjoy all that Van Nuys has to offer.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 2,046 | 968.5 | 90% |
| Lot Size | 24,011 | 43,532 | 30% |
| Price | $625.0K | $432.5K | 90% |
| Price per sq ft | $305 | $382 | 10% |
| Built year | 1980 | 1980 | 50% |
| HOA | $570.0 | $508 | 70% |
| Days on market | 25 | 149 | 10% |
Jun 11, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
May 19, 2026
$650,000
Initial Listing
Feb 11, 2026
$650,000
Public Record
May 19, 2021
$500,000
Public Record