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$1,100,000
15149 Gilmore Street, Van Nuys, California 91411
3Beds
3Baths
1,731Sqft
5,452Lot
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$635
HOA
-
Days on market
-
Sold On
-
MLS number
SR25095174
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(49th), 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! .

Condition Rating
Excellent

The property has been extensively and recently 'fully remodeled with attention to detail and no expense spared,' as stated in the description. The kitchen features all new white shaker cabinets, designer quartz countertops, modern stainless steel appliances, custom tile backsplash, and designer lighting. Bathrooms are also fully updated with contemporary vanities, fixtures, and stylish tiling. New wood-look flooring and recessed lighting are present throughout the main living areas. Despite the original build year of 1950, the comprehensive renovation brings the property to a virtually new condition, meeting current quality standards with no apparent deferred maintenance.
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 multi-generational living.
Extensively Remodeled: The entire property has undergone a full, no-expense-spared remodel, featuring new cabinets, designer quartz counters, modern lighting, and custom molding, providing a move-in ready experience.
Strategic Location & Future Growth: Nestled in the coveted Kester Ridge area, the property benefits from new investment in the surrounding area, including the East San Fernando Light Rail Transit project, bringing light rail within walking distance and enhancing future value.
Private Gated Estate: The home is situated on a gated 5,450 square foot lot, offering enhanced privacy and security, complemented by 4 dedicated parking spaces.
Expansive Entertainer's Backyard: The property boasts an expansive, freshly landscaped entertainer's backyard with lush fruit trees, new grass, a fountain, and custom concrete flower beds, creating a private garden oasis.

Cons

Significant Overpricing: The current listing price of $1,100,000 is substantially higher than the estimated property value of $649,289.94, indicating a potential overvaluation of 40% relative to market comparables.
Lack of Central HVAC: The property description does not mention central air conditioning or heating, which could be a significant drawback for comfort and resale value in the California climate, especially for a fully remodeled home.
Age of Original Construction: Despite extensive remodeling, the property was originally built in 1950, which may imply older underlying infrastructure (e.g., plumbing, electrical beyond visible updates) that could require future maintenance or upgrades.

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