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17522 Sherman Way 204, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath

17522 Sherman Way 204, Van Nuys, California 91406 home-pic-0
ACTIVE$529,995$1,514/sqft
17522 Sherman Way 204, Van Nuys, California 91406
2Beds
2Baths
1,514Sqft
24,011Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Recent Updates & Modern Conveniences: The unit features new double-paned windows, a new sliding glass door, updated bathrooms with custom tile and quartz countertops, and nearly new kitchen appliances (less than two years old), enhancing comfort, energy efficiency, and aesthetic appeal.
Top Cons:
High Monthly HOA Dues: The association fee of $723.0 is substantial and could be a significant factor for potential buyers, impacting overall affordability and monthly housing costs, despite its comprehensive inclusions.

Compared to the nearby listings

Price:$530.0K vs avg $487.5K (+$42,495)67%
Size:1,514 sqft vs avg 1,180.5 sqft83%
Price/sqft:$350 vs avg $41333%

More Insights

Built in 1980 (46 years old).
Condition: This condominium, built in 1980, has undergone significant recent updates that elevate its condition to 'Good'. The kitchen boasts appliances less than two years old, including an oven, microwave, dishwasher, trash compactor, and garbage disposal, ensuring modern functionality. The bathrooms have been enhanced with custom tile work and quartz countertops, providing a clean and updated look. Furthermore, the unit benefits from new double-paned windows and a new sliding glass door, improving energy efficiency and comfort. While the property features carpet throughout and the kitchen countertops are tile (which some buyers may find dated), these are primarily aesthetic preferences rather than immediate repair needs. The overall condition is move-in ready with well-maintained systems and substantial recent improvements.
Year Built
1980
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$350
HOA
$723
Days on market
-
Sold On
-
MLS number
225005980
Home ConditionGood
Features
Deck
Pool
View-

About this home

This centrally located Lake Balboa condominium offers a comfortable and practical living space within a well established community in the heart of the San Fernando Valley. This single level unit with convenient elevator access features a functional layout with 2 bedrooms and 2 full bathrooms and provides approximately 1,514 square feet of interior space. The home includes carpet throughout for a warm and consistent feel, and it has been improved with new double paned windows and a new sliding glass door for added comfort and energy efficiency. The bathrooms are enhanced with custom tile work and quartz countertops that bring a clean and modern touch. The kitchen includes an oven, microwave, dishwasher, trash compactor, and garbage disposal that are all less than two years old, offering peace of mind and everyday convenience. The community offers useful amenities including a pool, landscaped grounds, a recreation room, and secure access. The HOA covers water, trash, landscaping, common area maintenance, pool upkeep, and use of the recreation room, providing added value and ease for day to day living. The unit also includes two side by side parking spaces in the gated underground parking structure. Located minutes from Lake Balboa Park, the Sherman Oaks Galleria, local shopping, dining, and major freeways, this condominium presents an excellent opportunity to enjoy a spacious home in a highly accessible Valley location with the potential to personalize and make it your own.

B
Brian Cooper
Listing Agent

Nearby schools

3/10
Anatola Avenue Elementary School
Public,•K-5•0.2mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.3mi
3/10
William Mulholland Middle School
Public,•6-8•0.7mi
5/10
William Mulholland Middle School
Public,•6-8•0.9mi

Price History

Date
Event
Price
10/15/97
Sold
$90,000
Condition Rating
Good
This condominium, built in 1980, has undergone significant recent updates that elevate its condition to 'Good'. The kitchen boasts appliances less than two years old, including an oven, microwave, dishwasher, trash compactor, and garbage disposal, ensuring modern functionality. The bathrooms have been enhanced with custom tile work and quartz countertops, providing a clean and updated look. Furthermore, the unit benefits from new double-paned windows and a new sliding glass door, improving energy efficiency and comfort. While the property features carpet throughout and the kitchen countertops are tile (which some buyers may find dated), these are primarily aesthetic preferences rather than immediate repair needs. The overall condition is move-in ready with well-maintained systems and substantial recent improvements.
Pros & Cons

Pros

Recent Updates & Modern Conveniences: The unit features new double-paned windows, a new sliding glass door, updated bathrooms with custom tile and quartz countertops, and nearly new kitchen appliances (less than two years old), enhancing comfort, energy efficiency, and aesthetic appeal.
Extensive Community Amenities: The well-established community offers valuable amenities including a pool, landscaped grounds, a recreation room, and secure access, contributing to a desirable lifestyle and property value.
Prime & Accessible Location: Centrally located in Lake Balboa, the condominium is minutes from Lake Balboa Park, Sherman Oaks Galleria, local shopping, dining, and major freeways, providing exceptional convenience and connectivity.
Comprehensive HOA Benefits: The HOA fee covers water, trash, landscaping, common area maintenance, pool upkeep, and recreation room use, offering significant value and simplifying routine living expenses for the owner.
Secure & Dedicated Parking: The unit includes two side-by-side parking spaces in a gated underground parking structure, providing both security and convenient access.

Cons

High Monthly HOA Dues: The association fee of $723.0 is substantial and could be a significant factor for potential buyers, impacting overall affordability and monthly housing costs, despite its comprehensive inclusions.
Carpet Throughout: The presence of carpet throughout the unit, while described as 'warm,' may be considered dated by many modern buyers who often prefer hard surface flooring, potentially necessitating an immediate upgrade expense.
Older Building Infrastructure: Built in 1980, the condominium building is over 40 years old. While the unit has updates, the age of the overall building infrastructure could imply potential for future special assessments or maintenance concerns not explicitly covered by the current HOA scope.
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