15149 Gilmore Street, Van Nuys, California 91411, Van Nuys, 91411 - 3 bed, 3 bath

15149 Gilmore Street, Van Nuys, California 91411 home-pic-0
ACTIVE$1,129,000
15149 Gilmore Street, Van Nuys, California 91411
3Beds
3Baths
1,731Sqft
5,452Lot
Year Built
1950
Close
-
List price
$1.13M
Original List price
$1.15M
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
SR25073929
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.13M(50th), sqft - 1731(66th), beds - 3(50th), baths - 3(63th).

Dreams come true!! Two addresses on one property with 1,738 sqft of living space! Own your own mini gated estate nestled in the coveted area of Kester Ridge!! The entire property has been fully remodeled with attention to detail and no expense spared. The main house's beautiful light-filled kitchen features all new cabinets, designer quartz counters, designer lighting, a beautiful island with extra storage, custom tile backsplash, washer/dryer, and quartz granite sink looking out over the freshly landscaped front yard. The main living space features open concept living/dining areas with recessed lighting throughout, decorative poplar wood molding accent wall, and custom craftsman molding!! The large windows flood the living space with light, the new sliding glass doors and deck lead you to your expansive entertainer's backyard. Relax surrounded by lush fruit trees, new grass, a fountain, and mature foliage growing from custom concrete flower beds in your own private garden oasis. New investment is pouring into the surrounding area with the East San Fernando Light Rail Transit project bringing light rail within walking distance of the property. The main house with 3 bedrooms and 2 bathrooms is 1,339 spacious square feet and the ADU is 400 square feet with its own legal separate address and meter! Rent out the ADU for extra income or enjoy it as extra space of your own. Located on a gated 5,450 square foot lot with 4 parking spaces, this home is a one-of-a-kind wonder that won't last! . New square footage added but not showing yet. See permits.

Condition Rating
Excellent

Despite being built in 1950, the property has undergone a 'fully remodeled' transformation with 'no expense spared,' as explicitly stated in the description. The images confirm brand new, designer-quality kitchens and bathrooms featuring new cabinets, quartz counters, modern lighting, custom tile, and stainless steel appliances. The entire living space boasts an open concept, recessed lighting, and new flooring. The addition of an ADU and new square footage further indicates a comprehensive and recent renovation, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years with virtually new components.
Pros & Cons

Pros

Income-Generating ADU: The property includes a 400 sqft Accessory Dwelling Unit (ADU) with its own legal separate address and meter, offering significant potential for rental income or flexible living arrangements.
Extensive & High-Quality Remodel: The entire property has undergone a full, detailed remodel with attention to designer finishes, including a modern kitchen with quartz counters and an open-concept living space.
Private Entertainer's Backyard: An expansive, freshly landscaped backyard with lush fruit trees, new grass, a fountain, and custom concrete flower beds creates a private garden oasis ideal for relaxation and entertaining.
Future Transit Accessibility: Proximity to the upcoming East San Fernando Light Rail Transit project offers enhanced accessibility and potential for future property value appreciation.
Gated Estate with Ample Parking: The property is a mini gated estate on a 5,450 sqft lot, providing security and privacy, complemented by four dedicated parking spaces.

Cons

Significant Price Discrepancy: The listing price is substantially higher (37% above) the property's estimated value, suggesting potential overpricing relative to market comparables.
Older Property Foundation: Built in 1950, the property's original construction date, despite extensive remodeling, may imply older underlying infrastructure that could require future attention if not fully updated.
Unspecified HVAC System: The description does not explicitly mention a central heating or cooling system, which could be a drawback for comfort in Van Nuys' climate and may require future installation.

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