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17503 Runnymede Street, Van Nuys, California 91406, Van Nuys, 91406 - 2 bed, 1 bath

17503 Runnymede Street, Van Nuys, California 91406 home-pic-0
ACTIVE$800,000
17503 Runnymede Street, Van Nuys, California 91406
2Beds
1Bath
1,278Sqft
6,521Lot
Year Built
1950
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$626
HOA
-
Days on market
-
Sold On
-
MLS number
25556305
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $800.0K(29th), sqft - 1278(36th), beds - 2(14th), baths - 1(23th).

Restore, rebuild, remodel this property into your dream home. Located in the sought-after Lake Balboa area. This traditional-style is filled with character and charm featuring 3 bedrooms, 2 full baths. An expansive backyard offers a tranquil retreat to enjoy the warmer weather which also includes lovely fruit trees. Possible ADU living space to create. The spacious corner lot offers endless possibilities for outdoor enhancements and expansion. Conveniently located near renowned dining, outstanding shopping and just a short drive to the Westside, beaches and freeways. Discover your California lifestyle at this delightful retreat. Close to all Lake Balboa has to offer -- the lake, golf, local favorite Black Heart Coffee Shop, Humble Bee Cafe, Balboa Park, Wild Hare Pilates, Ralphs, Starbucks . Don't miss out on this captivating property. Schedule your private showing today. Sold As-Is. No credits or repairs will be given. Inspections are for informational purposes only.

Nearby schools

3/10
Anatola Avenue Elementary School
Public,•K-5•0.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.2mi
7/10
Stagg Street Elementary School
Public,•K-5•0.7mi
6/10
Lorne Street Elementary School
Public,•K-5•0.8mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.8mi
3/10
Gault Street Elementary School
Public,•K-5•0.8mi
3/10
Gault Street Elementary School
Public,•K-5•0.8mi
6/10
Lemay Street Elementary School
Public,•K-5•0.9mi
5/10
Lemay Street Elementary School
Public,•K-5•0.9mi
5/10
Cantara Street Elementary School
Public,•K-5•1.1mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.3mi
4/10
Bassett Street Elementary School
Public,•K-5•2.3mi
4/10
Sylvan Park Elementary School
Public,•K-5•3.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•4.2mi
3/10
William Mulholland Middle School
Public,•6-8•1.0mi
5/10
William Mulholland Middle School
Public,•6-8•1.2mi
3/10
Northridge Middle School
Public,•6-8•1.4mi
2/10
Van Nuys Middle School
Public,•6-8•4.5mi
4/10
Reseda Senior High School
Public,•9-12•1.4mi
7/10
Northridge Academy High
Public,•9-12•2.7mi
6/10
Van Nuys Senior High School
Public,•9-12•3.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.8mi

Price History

Date
Event
Price
06/25/25
Listing
$800,000
Condition Rating
Poor
This property, built in 1950, is explicitly marketed as needing significant work, with the description stating 'Restore, rebuild, remodel this property into your dream home' and 'Sold As-Is. No credits or repairs will be given.' The kitchen is highly outdated with original-style wood cabinets, white tile countertops and backsplash, older white appliances (except for a newer stainless steel refrigerator), and fluorescent strip lighting, all requiring a full renovation. While some areas have hardwood/laminate flooring, other areas, including the kitchen and dining, feature very dated white tile. The overall condition suggests substantial repairs and rehabilitation are needed, extending beyond cosmetic updates, likely including major system overhauls given its age and 'as-is' sale.
Pros & Cons

Pros

Prime Location & Amenities: Located in the highly sought-after Lake Balboa area, offering convenient access to renowned dining, outstanding shopping, freeways, the Westside, beaches, and local attractions like the lake, golf, and popular cafes.
ADU Potential: The property explicitly mentions the possibility of creating an ADU (Accessory Dwelling Unit), providing significant potential for additional income or expanded living space.
Spacious Corner Lot: Boasts a generous 6,521 sqft corner lot, offering ample space and 'endless possibilities for outdoor enhancements and expansion'.
Character & Renovation Opportunity: Described as a 'traditional-style' home 'filled with character and charm,' presenting a unique opportunity for buyers to 'restore, rebuild, remodel' into their dream home.
Expansive Backyard: Features a tranquil and expansive backyard, complete with lovely fruit trees, providing a private outdoor retreat.

Cons

Sold 'As-Is' Condition: The property is explicitly sold 'As-Is' with 'no credits or repairs will be given,' indicating that the buyer will bear all costs and risks associated with necessary repairs and upgrades.
Significant Renovation Required: The description 'Restore, rebuild, remodel this property into your dream home' strongly suggests the property requires substantial investment and effort to modernize or bring up to current standards.
Overpriced Relative to Market Estimate: The listing price of $800,000 is notably higher than the estimated property value of $715,585.3, which may deter potential buyers or require a price adjustment.

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