
Van Nuys, California 91405
This Two-Story Condominium represents a High-Potential Investment Opportunity, listed at $440,000—positioned well above the $389,829 Fair Market Value by -12%. While the unit features a Condition Rating of 3 with modern laminate flooring and recessed lighting, the high HOA fees necessitate a careful review of long-term carrying costs. The unique townhouse-style layout provides privacy with no neighbors above or below, complemented by a private patio and gated community amenities. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7301 Lennox Avenue C10 Subject | $425,000* List Price | 2 | 2 | 971 | $417 | - |
A 7301 Lennox Sold | $415,000 | 2 | 2 | 1,062 | $391 | 0.0 mi |
B 7301 Lennox Sold | $410,000 | 2 | 2 | 1,079 | $380 | 0.0 mi |
C 7320 Lennox Avenue D11 Sold | $380,000 | 2 | 2 | 1,079 | $352 | 0.1 mi |
D 7439 Woodman Avenue 25 Sold | $415,000 | 2 | 1 | 859 | $483 | 0.9 mi |
E 13951 Sherman Way 308 Sold | $511,000 | 2 | 2 | 1,100 | $465 | 0.5 mi |
F 15155 Sherman Way 26 Sold | $420,000 | 2 | 2 | 1,035 | $406 | 0.9 mi |
G 7320 Lennox Avenue D8 Active | $435,000 List Price | 2 | 2 | 1,062 | $410 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the interior shows clear evidence of a mid-range renovation within the last 5-15 years, including recessed lighting, modern laminate flooring, and updated bathroom vanities. The unit appears well-maintained and move-in ready.
This unique two-story configuration offers superior privacy with no neighbors living above or below the unit, providing a living experience more akin to a townhouse than a traditional apartment-style condo.
The inclusion of furniture and a premium Persian rug in the sale price provides immediate utility and cost savings for first-time buyers or investors looking for a move-in ready property.
The property is situated in a gated building featuring essential lifestyle amenities including a swimming pool, private parking, and a personal patio space for outdoor enjoyment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =166072, other record lot size in square feet = 166020.
The monthly HOA fee of $656 is significantly high relative to the unit's square footage and the building's age, which may deter budget-conscious buyers and impact overall affordability.
The reliance on a communal laundry room rather than having in-unit washer and dryer hookups is a notable convenience drawback compared to more modern residential offerings in the area.
Nice 2 bedroom 2 bath condo in a central and convenient location. this is a gated building with amenities such as pool, laundry room and private parking spaces. This is a two story condo with no one above or below. There is also a private patio, a spacious living room and kitchen. Furniture and a lovely Persian rug will be included.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 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 | 166,072 | 80,189 | 76% |
| Price | $425.0K | $425.0K | 50% |
| Price per sq ft | $438 | $436 | 53% |
| Built year | 1972 | 1980 | 24% |
| HOA | $656.0 | $466 | 82% |
| Days on market | 25 | 124 | 12% |
Jun 9, 2026
$425,000
$430,000
-1% Price Drop
Initial Listing
Jun 3, 2026
$430,000
$435,000
-1% Price Drop
Initial Listing
May 29, 2026
$435,000
$440,000
-1% Price Drop
Initial Listing
May 22, 2026
$440,000
Initial Listing
Dec 10, 2021
$375,000
Public Record
Sep 24, 2015
$210,000
Public Record
Jul 24, 2009
$87,000
Public Record
Apr 6, 2006
$303,000
Public Record
Feb 11, 2005
$236,000
Public Record