7300 Lennox J5, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 2 bath
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Van Nuys, California 91405
This Condominium represents a High-Potential Investment Opportunity, listed at $410,000—positioned well above the $371,309 Fair Market Value by 10%. While the property features a Condition Rating of 4, it offers a modernized interior with Quartz Counters and Modern Tiled Floors. Residents enjoy a Gated Community with a Pool and Private Patio. Despite modest school ratings, the unit provides a stable, low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home in Van Nuys.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7300 Lennox J5 Subject | $350,000* List Price | 2 | 2 | 971 | $358 | - |
A 7320 Lennox Avenue D11 Sold | $380,000 | 2 | 2 | 1,079 | $352 | 0.0 mi |
B 13903 Sherman Way 8 Sold | $335,000 | 2 | 2 | 1,012 | $331 | 0.6 mi |
C 15015 Sherman Way 314 Sold | $370,000 | 2 | 2 | 1,004 | $369 | 0.8 mi |
D 7301 Lennox A1 Pending | $440,000 List Price | 2 | 2 | 1,098 | $401 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old. While the kitchen has been updated with quartz countertops and modern tile flooring, the bathrooms and patio area remain dated and show signs of age. The property is functional and move-in ready but requires minor cosmetic updates and repairs to align with modern standards.
The unit features a contemporary open floor plan with updated quartz countertops, modern tiled flooring, and bright, airy living spaces that offer immediate move-in appeal.
The monthly fee covers essential utilities including water, sewer, and trash, along with fire insurance and pool maintenance, providing significant value and simplified budgeting.
The home boasts spacious bedrooms with vaulted ceilings, a private outdoor patio, and the rare benefit of two assigned covered parking spaces within a secure gated community.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =249928, other record lot size in square feet = 249850.
The local schools assigned to this address have modest ratings ranging from 3 to 5, which may limit appeal for families prioritizing high-performing educational districts.
Built in 1979, the complex may require more frequent maintenance or face potential future assessments for common area upgrades compared to newer developments.
Check out Your Future Sharp 2 Bedroom 2 Bath Condo Offered at a very Affordable Price in a Gated Community in the Heart of Van Nuys! When you Enter this Open Floor Plan Home you will Notice the Spacious Living Room with Modern Tiled Floors, which Opens up to the Dining Area and then Opens up to the Updated, Bright, and Airy Kitchen with Quartz Counters! From the Kitchen you can Open the Sliding Doors that will Lead You to Your Private Patio! Perfect for a Grill, Small Table and Chairs! A Perfect Spot to either Start Your Day or Unwind! The 2 Upstairs Bedrooms are Very Spacious with Large Closets and Vaulted Ceilings! The Central Air & Heating will Keep you Comfortable All Year Long! The HOA includes Fire Insurance, Water, Sewer, Trash, Landscaped Grounds and Pool Maintenance! Feel Free to Hang Out at the Pool and work on your Tan! You can Come Home from Work, knowing that You Will Not have any Chores or Gardening to do! Easily Walk to Stores and Restaurants as this Condo is Located Close to an Entrance Gate! Assigned Covered Parking for 2 Cars located inside the Gated Community!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades 6-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 971 | 1,062 | 35% |
| Lot Size | 249,928 | 80,189 | 88% |
| Price | $350.0K | $420.0K | 6% |
| Price per sq ft | $360 | $422 | 12% |
| Built year | 1979 | 1980 | 47% |
| HOA | $462.0 | $462 | 50% |
| Days on market | 33 | 124 | 12% |
Jun 6, 2026
$350,000
$409,000
-14% Price Drop
Initial Listing
Jun 1, 2026
$409,000
$410,000
+0% Price Increase
Initial Listing
May 14, 2026
$410,000
Initial Listing
Oct 25, 2022
$424,000
Public Record
Jul 31, 2018
$320,000
Public Record
Dec 28, 2007
$185,000
Public Record