$1,135,000
Original list price: $1,175,000
MLS: 26836273
Beds
3
Baths
2
Sq Ft
1,415
Lot
0.16 ac
Year Built
1940
MLS #
26836273
Days on Market
28
Listed
May 19, 2026
Description
3 Bed | 2 Bath | Approx. 1,415 SF | Lot ~6,965 SF (RD2 Zoning) Beautifully Renovated Home with Exceptional Development Potential. Fully renovated in 2021, this stunning 3-bedroom, 2-bath residence blends modern living with serious upside potential for future development or income generation. The property offers both immediate comfort and long-term value in one of Sherman Oaks' most convenient areas. Features & Upgrades: Comprehensive 2021 renovation with new bathrooms, new kitchen, new windows, new roof, new interior & exterior doors, new A/C system, new interior & exterior paint, and selective new flooring. Chef-inspired kitchen with granite countertops, subway-tile backsplash, center island, and dedicated beverage station including beer fridge + wine fridge. Over $35,000 in premium LG appliances, under-cabinet lighting, and recessed lighting throughout kitchen, family room, and primary bedroom. Primary bedroom includes wall-to-wall built-in closets and French doors leading to the backyard. Dedicated laundry room with new stackable washer & dryer. Spacious backyard offers ample room for entertaining or expansion. Quiet neighborhood setting close to major freeways, shopping, and dining. ***Investment & Development Highlights: RD2 Zoning permits the construction of up to 3 full-size units, and the lot configuration supports additional ADUs and JADUs for even greater rental potential. The existing home provides immediate rental income while entitlements or permits are pursued.*** Disclaimer: Buyer to independently verify all information, including but not limited to square footage, lot size, zoning, and development potential with the City of Los Angeles and appropriate professionals.
Location
Van Nuys, Los Angeles County, CA 91401
Open on Google Maps ↗Listed by: Waleed Elbayar · Coast & Crest Real Estate
Payment estimate
$8,378
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $113,500 · Loan: $1,021,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,470
- Property tax (1.25%)
- $1,182
- Homeowners insurance
- $300
- Mortgage insurance
- $426
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Van Nuys home with as little as 3.5% down using an FHA loan — roughly $39,725 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Sherman Oaks, CA 91401 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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