RealKey
‪(213) 433-7766‬

15051 Sherman, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 2 bath

15051 Sherman, Van Nuys, California 91405 home-pic-0
ACTIVE$480,000
15051 Sherman, Van Nuys, California 91405
2Beds
2Baths
1,365Sqft
155,589Lot
Year Built
1980
Close
-
List price
$480K
Original List price
$495K
Price/Sqft
$352
HOA
$420
Days on market
-
Sold On
-
MLS number
SR25265634
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $480.0K(67th), sqft - 1365(93th), beds - 2(50th), baths - 2(50th).

Investors Wanted! This end-unit townhome in the highly desirable Kimberly Woods community is the perfect opportunity for anyone looking for a full renovation project. The home needs to be gutted, but offers excellent potential for the right buyer. You may be able to salvage the kitchen cabinets—beyond that, bring your vision and creativity. Nestled among mature trees, this spacious 3-level townhome features 1,365 sq. ft. of living space with an attached 2-car garage and a separate laundry room. The main level offers an open-concept floor plan with high ceilings, a cozy living room with a fireplace, dining area, kitchen, and half bath. Upstairs, you’ll find two primary suites—each with generous bedroom space and its own full bathroom. A bonus room on the garage level provides flexibility for a potential third bedroom, home office, or studio. Enjoy community amenities including a 40-foot pool, spa, sauna, and two parks. The complex is pet-friendly and ideally located—just a short stroll to coffee shops, restaurants, groceries, banks, and more. This property is priced to sell and ready for someone excited to bring it back to life. Whether you’re an investor or buyer looking for a project, this is a rare chance to unlock real value in an excellent location. Investor Open House: December 7th 1:00–3:00 PM

Nearby schools

4/10
Valerio Street Elementary School
Public,•K-5•0.2mi
2/10
Columbus Avenue School
Public,•K-5•0.7mi
4/10
Bassett Street Elementary School
Public,•K-5•1.0mi
3/10
Bassett Street Elementary School
Public,•PK-5•1.0mi
4/10
Cohasset Street Elementary School
Public,•K-5•1.0mi
3/10
Cohasset Street Elementary School
Public,•K-5•1.1mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.2mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.2mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•1.2mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.2mi
3/10
Van Nuys Elementary School
Public,•K-5•1.3mi
3/10
Michelle Obama Elementary
Public,•K-5•1.3mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.4mi
4/10
Burton Street Elementary School
Public,•K-5•1.6mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.8mi
4/10
Kittridge Street Elementary School
Public,•K-5•2.0mi
3/10
Langdon Avenue Elementary School
Public,•K-5•2.0mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.4mi
6/10
Erwin Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.5mi
7/10
Stagg Street Elementary School
Public,•K-5•2.7mi
4/10
Parthenia Street Elementary School
Public,•K-5•2.8mi
3/10
Vista Middle School
Public,•6-8•1.4mi
2/10
Van Nuys Middle School
Public,•6-8•2.3mi
5/10
James Madison Middle School
Public,•6-8•2.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
3/10
William Mulholland Middle School
Public,•6-8•2.6mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•3.6mi
3/10
Northridge Middle School
Public,•6-8•4.0mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.4mi
6/10
Van Nuys Senior High School
Public,•9-12•0.9mi
2/10
Panorama High School
Public,•9-12•1.2mi
3/10
James Monroe High School
Public,•9-12•2.6mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.1mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.5mi
7/10
Northridge Academy High
Public,•9-12•4.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi

Price History

Date
Event
Price
12/19/25
Price Change
$480,000-3.0%
11/24/25
Listing
$495,000
02/18/10
Sold
$176,500
09/30/05
Sold
$380,000
10/28/03
Sold
$260,000
06/30/98
Sold
$98,500
Condition Rating
Poor
The property, built in 1980, is explicitly marketed as a 'full renovation project' that 'needs to be gutted.' The images confirm this, showing severely outdated and worn bathrooms with original 1980s fixtures, vanities, and flooring. The living area features old, worn carpeting. This condition necessitates substantial repairs and rehabilitation, aligning with the 'poor' category, as major components and finishes require comprehensive modernization.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Renovation Potential: The property is explicitly marketed as a 'full renovation project' with 'excellent potential' to 'unlock real value,' appealing to investors and buyers seeking a custom remodel opportunity.
Comprehensive Community Amenities: Residents benefit from a 40-foot pool, spa, sauna, and two parks within the pet-friendly Kimberly Woods community, offering a resort-like lifestyle and enhancing property appeal.
Desirable & Walkable Location: Situated in a 'highly desirable' community, the townhome boasts an 'ideally located' position within a short stroll to essential amenities like coffee shops, restaurants, groceries, and banks.
Spacious and Flexible Floor Plan: This 3-level, 1,365 sq. ft. end-unit features an open-concept main level with high ceilings, two primary suites, and a versatile bonus room on the garage level, offering adaptable living space.
Attached 2-Car Garage: The convenience of an attached two-car garage provides secure parking and additional storage, a valuable asset for townhome living.

Cons

Extensive Renovation Required: The property 'needs to be gutted' and is described as a 'full renovation project,' indicating significant upfront investment in time and capital for the buyer.
High Monthly Association Fee: A monthly association fee of $420.0 adds a substantial recurring cost, which may impact affordability and return on investment.
Age and Condition of Property: Built in 1980, the property's age (44 years) combined with the need for a full gut renovation suggests outdated systems and finishes, requiring comprehensive modernization.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state