6551 Whitman, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 3 bath
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Van Nuys, California 91406
This Versatile Single-Family Residence is a High-Potential Investment Opportunity, listed at $857,000—positioned well below the $897,148 Fair Market Value by 4%. This valuation gap provides $40,148 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a Significantly Updated Kitchen and a desirable Main-Floor Bedroom. Located on a quiet cul-de-sac in the Los Angeles Unified School District near Lake Balboa Park, it balances lifestyle perks with financial upside. This is an ideal match for Owner-Occupants or first-time buyers seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6551 Whitman Subject | $857,000* List Price | 4 | 3 | 1,960 | $458 | - |
A 6641 Gerald Avenue Sold | $890,000 | 4 | 2 | 1,694 | $525 | 1.0 mi |
B 6649 Whitman Avenue Sold | $859,000 | 4 | 2 | 1,605 | $535 | 0.1 mi |
C 6552 Aqueduct Avenue Active Under Contract | $935,000 List Price | 3 | 3 | 1,964 | $476 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a significantly updated kitchen with modern stainless steel appliances, granite or quartz countertops, a farmhouse sink, and updated cabinetry. While the home was built in 1966, the interior shows clear signs of renovation within the last 5-15 years, including recessed lighting and updated tile flooring. The exterior appears well-maintained with a clean paint scheme, though some landscaping is unfinished.
The 4-bedroom layout features a highly desirable main-floor bedroom and bathroom, offering excellent flexibility for multi-generational living, guests, or a home office.
Situated on a quiet cul-de-sac, the property provides a safe and peaceful environment with immediate access to premier outdoor recreation, including Lake Balboa parks, hiking, and golf.
The home's strategic location offers quick access to major San Fernando Valley freeways, significantly reducing travel time for daily commutes and regional transit.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1966, the property may require capital improvements or modernization of major systems and cosmetic finishes to align with contemporary buyer expectations.
The listing explicitly notes a lack of views, which may limit the property's appeal compared to other homes in the area that offer hillside or neighborhood vistas.
Home is Located on a cul-de-sac, this inviting 4-bedroom, 3-bathroom home features a bright, functional layout ideal for everyday living and easy entertaining. The floor plan creates a warm, welcoming atmosphere, and having a bedroom and bathroom on the main floor adds extra convenience. Enjoy close proximity to parks with scenic lake, hiking, biking, running, and walking trails, offering endless opportunities for outdoor recreation, relaxation, and active weekends. Nearby golfing opportunities provide additional ways to stay active and enjoy the outdoors. Quick access to nearby freeways, making travel throughout the Valley and beyond convenient. An opportunity to enjoy a home that combines everyday convenience with a vibrant, active, outdoor lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,960 | 1,508 | 77% |
| Lot Size | 5,314 | 6,638 | 3% |
| Price | $857.0K | $885.0K | 38% |
| Price per sq ft | $437 | $607 | 8% |
| Built year | 1966 | 1950 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 160 | 1% |
Apr 17, 2026
$857,000
Initial Listing
Mar 28, 2017
$545,000
Public Record
Dec 28, 2000
$273,000
Public Record