7667 Chisholm Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 2 bath

7667 Chisholm Avenue, Van Nuys, California 91406 home-pic-0
ACTIVE$1,099,000
7667 Chisholm Avenue, Van Nuys, California 91406
4Beds
2Baths
1,582Sqft
7,502Lot

Price Vs. Estimate

The estimated value ($972,461.335) is $126,538.665 (11%) lower than the list price ($1,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Price Reduction: The property has recently been reduced by $100,000 from its original list price, indicating potential value and seller motivation.
Top Cons:
No Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks or panoramic vistas.

Compared to the nearby listings

Price:$1.10M vs avg $900.0K (+$199,000)84%
Size:1,582 sqft vs avg 1,496 sqft56%
Price/sqft:$695 vs avg $61080%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, this property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, light quartz countertops, a stylish gray backsplash, and contemporary pendant lighting, all in excellent condition. The bathrooms boast modern double vanities, updated fixtures, wood-look tile flooring, and subway tile surrounds, indicating a very recent update. Throughout the home, there's recessed lighting, hardwood flooring, and modern windows. The addition of solar panels further enhances its contemporary appeal and energy efficiency. The overall aesthetic is fresh, clean, and meets current quality standards with no visible deferred maintenance in the key areas.
Year Built
1956
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$695
HOA
-
Days on market
-
Sold On
-
MLS number
25588197
Home ConditionExcellent
Features
Patio
View-

About this home

Just reduced $100K .Located on a quiet residential street in the heart of Van Nuys, this updated 4 bedroom home offers modern convenience and comfort. Chisholm ave is essentially a circular street with no through traffic and all family owned residences. The home features 4 bedrooms an open floor plan, two full bathrooms, and a spacious two-car garage. Solar panels provide energy efficiency, while the beautifully landscaped backyard, filled with California native plants, provides an inviting outdoor space. Just minutes from the 405 freeway and Van Nuys Airport, Studio City and Sherman Oaks, this home offers easy access to Ventura Blvd's eateries and boutique shops. With its thoughtful design and sustainable features, this residence is perfect for those seeking a contemporary lifestyle.

Condition Rating
Excellent

Despite being built in 1956, this property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, light quartz countertops, a stylish gray backsplash, and contemporary pendant lighting, all in excellent condition. The bathrooms boast modern double vanities, updated fixtures, wood-look tile flooring, and subway tile surrounds, indicating a very recent update. Throughout the home, there's recessed lighting, hardwood flooring, and modern windows. The addition of solar panels further enhances its contemporary appeal and energy efficiency. The overall aesthetic is fresh, clean, and meets current quality standards with no visible deferred maintenance in the key areas.
Pros & Cons

Pros

Significant Price Reduction: The property has recently been reduced by $100,000 from its original list price, indicating potential value and seller motivation.
Quiet, Community-Oriented Street: Located on a circular street with no through traffic and predominantly family-owned residences, offering a desirable, safe, and close-knit community environment.
Modern Updates & Open Floor Plan: The home features an updated interior with an open floor plan, providing contemporary living convenience and aesthetic appeal.
Energy Efficiency & Sustainable Features: Equipped with solar panels for energy efficiency and a beautifully landscaped backyard with California native plants, contributing to lower utility costs and eco-friendly living.
Convenient Location & Accessibility: Strategically located minutes from the 405 freeway, Van Nuys Airport, Studio City, and Sherman Oaks, with easy access to Ventura Blvd's amenities, offering excellent connectivity and lifestyle options.

Cons

No Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks or panoramic vistas.
Potential Overpricing Relative to Market Estimation: Despite the recent price reduction, the current list price appears to be above the provided property estimation value, suggesting it may still be priced aggressively compared to market benchmarks.
Age of Original Construction: Built in 1956, while updated, the underlying structure's age could imply potential for unseen maintenance issues or less modern foundational systems compared to newer constructions, which might not be fully addressed by cosmetic updates.

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