15455 Sherman Way 9, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 2 bath

15455 Sherman Way 9, Van Nuys, California 91406 home-pic-0
ACTIVE$449,000
15455 Sherman Way 9, Van Nuys, California 91406
2Beds
2Baths
973Sqft
23,007Lot
Year Built
1992
Close
-
List price
$449K
Original List price
$449K
Price/Sqft
$461
HOA
$495
Days on market
-
Sold On
-
MLS number
25508815
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $449.0K(25th), sqft - 973(13th), beds - 2(50th), baths - 2(50th).

This bright and spacious 2-bed, 2-bath condo offers a comfortable and inviting living experience. Step inside to find an open-concept living and dining area featuring beautiful wood flooring. A cozy fireplace in the living room adds warmth and character, while the private balcony provides a perfect spot to unwind and enjoy the fresh air. The kitchen is equipped with tile flooring. Both bedrooms are generously sized, each with its own en-suite bathroom for added privacy and large walk-in closets. The primary suite boasts a double sink vanity for extra convenience. The property includes two assigned parking spaces in a gated underground garage. Residents can take advantage of fantastic amenities, including an outdoor courtyard with a built-in BBQ, a recreation room, and a fitness center. Conveniently located near shopping, dining, and major transportation routes with easy access to the 101, 405, and 170 freeways, this condo is also close to Lake Balboa and Woodley Lakes Golf Course. An excellent choice for first-time buyers or a great investment opportunity.

Condition Rating
Fair

Built in 1992, this condo is well-maintained and move-in ready, featuring laminate wood flooring in the main living areas and bedrooms. However, the kitchen and bathrooms show clear signs of being outdated with older tile flooring, countertops, and fixtures. While functional, these areas would benefit from cosmetic updates to meet current aesthetic standards. The appliances are a mix, with some appearing older. The property fits the 'Fair' category as it is aged but maintained, with major components functional but showing signs of being outdated, requiring minor updates.
Pros & Cons

Pros

Comprehensive Amenities: The property offers a robust suite of community amenities including a fitness center, recreation room, outdoor courtyard with BBQ, and secure gated underground parking with two assigned spaces, enhancing lifestyle and convenience.
Strategic Location & Accessibility: Positioned for excellent connectivity, with easy access to major freeways (101, 405, 170), shopping, dining, and recreational facilities like Lake Balboa and Woodley Lakes Golf Course, appealing to commuters and active residents.
Functional Layout & Privacy: A 2-bedroom, 2-bathroom configuration with each bedroom featuring an en-suite bathroom and large walk-in closets, plus a primary suite with a double sink vanity, provides optimal privacy and comfort for residents.
Investment & First-Time Buyer Potential: Explicitly marketed as an 'excellent choice for first-time buyers or a great investment opportunity,' suggesting strong market demand and potential for appreciation or rental income.
Desirable Interior Features: The open-concept living/dining area with beautiful wood flooring, a cozy fireplace, a private balcony, and city lights view offers an inviting and comfortable living environment.

Cons

High Association Fees: The monthly association fee of $495.0 is substantial for a 973 sqft condo, potentially impacting affordability and long-term ownership costs for buyers or reducing net rental income for investors.
Potential for Dated Interiors/Systems: Built in 1992, while some features are highlighted, the kitchen is only described as having 'tile flooring' and no mention of updates, suggesting potential for dated finishes or systems that may require future renovation.
Lack of Explicit Cooling System: The property description mentions a fireplace for warmth but does not specify the presence of a central air conditioning system, which could be a significant drawback and comfort concern during warmer months in Van Nuys.

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