8221 Langdon Avenue 204, Van Nuys, California 91406, Van Nuys, 91406 - 1 bed, 1 bath
Loading property details...
Van Nuys, California 91406
This property presents a High-Potential Investment Opportunity with a List Price of $369,000—positioned well above the $234,455 Fair Market Value by -57%. While the unit requires a full cosmetic rehab due to its Condition Rating of 5, the versatile loft and private balcony offer significant upside for customization. The property serves as a blank canvas for those looking to build equity through strategic renovations. This is a tactical acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Van Nuys.
Property is extensive renovation needed.
Built in 1979 and described as a 'blank canvas,' this property is over 45 years old with largely original features. The kitchen and bath are dated, popcorn ceilings are present, and the loft carpeting is stained, indicating the unit requires a full cosmetic rehab to meet modern standards.
The inclusion of a spacious loft provides significant versatility, offering a rare bonus area for a one-bedroom unit that can serve as a home office, guest space, or additional lounge.
Marketed as a 'blank canvas' and priced competitively, this property presents a prime opportunity for investors or owner-users to build equity through custom renovations and modern upgrades.
Located within the interior of the complex, the unit benefits from a quieter, more private atmosphere away from street noise, complemented by a private balcony for outdoor relaxation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 812, other record living area = 709.
The description suggests the unit requires significant cosmetic or functional updates, which will necessitate additional upfront capital and time from the buyer before it is move-in ready.
At $455 per month, the association fee is relatively high for a one-bedroom condo, which may impact the overall affordability for first-time buyers or reduce net yields for investors.
Unlock the potential of this inviting blank canvas, perfect for a creative owner-user ready to customize their dream space or an investor seeking a value-add opportunity. Priced to sell, this condo offers an open and versatile floor plan with generous living and dining areas centered around a cozy fireplace.The spacious loft adds flexible bonus space ideal for a home office, guest area, or additional lounge. The oversized bedroom features a walk-in closet, providing both comfort and ample storage.Located within the interior of the complex, this unit offers a desirable setting with added privacy. Step out onto your private balcony to relax, unwind, and enjoy the surrounding community atmosphere.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 812 | 962.5 | 20% |
| Lot Size | 22,879 | 43,532 | 20% |
| Price | $369.0K | $407.5K | 20% |
| Price per sq ft | $454 | $422 | 50% |
| Built year | 1979 | 1980 | 50% |
| HOA | $455.0 | $475 | 50% |
| Days on market | 16 | 142 | 10% |
May 21, 2026
$369,000
Initial Listing
Oct 19, 2018
$230,000
Public Record
Sep 21, 2010
$60,000
Public Record
May 13, 2003
$108,000
Public Record
May 15, 2002
$90,000
Public Record
Sep 30, 1998
$28,000
Public Record