
Van Nuys, California 91406
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $926,000—positioned well below the $979,334 Fair Market Value by 5%. This valuation gap offers $53,334 in Instant Equity for the buyer. Featuring a Turnkey Condition Rating, the home includes a Salt Water Pool and Spa, a Finished Garage Bonus Space, and modern interior updates. Located near Stagg Street Elementary, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7960 Aldea Avenue Subject | $926,000* List Price | 3 | 2 | 1,703 | $575 | - |
A 17460 Cohasset Street Sold | $1,130,000 | 3 | 3 | 1,796 | $629 | 0.7 mi |
B 17037 Covello Street Sold | $875,000 | 3 | 2 | 1,441 | $607 | 0.6 mi |
C 17402 Cohasset Street Sold | $875,000 | 3 | 3 | 1,516 | $577 | 0.6 mi |
D 17209 Stagg Street Active | $950,000 List Price | 4 | 3 | 1,595 | $596 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a recent comprehensive renovation (likely <5 years) including a refreshed kitchen and bathrooms with modern fixtures, a brand new HVAC system, and a new saltwater pool. The home is in turnkey condition with high-end, modern finishes throughout.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a brand-new, app-controlled saltwater pool and spa surrounded by professional drought-tolerant landscaping, creating a high-end, low-maintenance entertainer's retreat.
A fully finished garage conversion provides significant added value and flexibility, serving as an ideal studio, home office, or guest suite separate from the main living areas.
While the local elementary school is highly rated, the assigned middle school has a significantly lower rating (2/10), which may be a concern for families prioritizing long-term education paths.
Given the addition of the new pool and the garage conversion, the remaining usable green space on the 6,157 sqft lot is limited, potentially impacting buyers seeking a traditional backyard lawn.
Lake Balboa Jewel Situated on a quiet, beautifully maintained, tree-lined street in the heart of Lake Balboa, this updated residence perfectly blends mid-century charm with modern, versatile living. Inside, refinished original hardwood floors lead to a sunlit living room and an adjacent dining area with mid-century modern mahogany built-ins and an oversized adjacent laundry room. The kitchen and both bathrooms have been thoughtfully refreshed with new countertops, flooring, and fixtures throughout. Beyond the main house, the property features incredible premium upgrades, including a garage that has been transformed into a fully finished, versatile bonus living spaceideal for a studio, home office, gym, or guest suite. The private yard has been reimagined into an entertainer's retreat featuring a brand-new Salt Water pool and spa with multi colors, controlled with an app, surrounded by greenery, beautifully complemented by low-maintenance, drought-tolerant front landscaping, and a brand new Air Conditioning System. Located within walking distance to Stagg Street Elementary, this turnkey home offers ultimate convenience with proximity to CSUN, freeways, dog parks, dining, and shopping.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,703 | 1,531 | 64% |
| Lot Size | 6,157 | 6,525 | 32% |
| Price | $926.0K | $887.5K | 61% |
| Price per sq ft | $544 | $594 | 36% |
| Built year | 1954 | 1950 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 137 | 2% |
May 18, 2026
$926,000
Initial Listing
Dec 28, 2022
$699,000
Public Record