15021 Sylvan
Van Nuys, CA, 91411
$850,000
MLS: PW26076285
Beds
3
Baths
1
Sq Ft
1,083
Lot
0.14 ac
Year Built
1946
MLS #
PW26076285
Days on Market
1
Listed
Apr 10, 2026
Description
A compelling opportunity for investors or owner-users looking to build significant equity. The main residence is a 3-bedroom, 1-bathroom home spanning 1,083 square feet, with a permitted 298 sq ft addition underway that will bring the home to 4 bedrooms and 2 bathrooms upon completion. The rear detached structure, a 360 sq ft garage conversion with a 224 sq ft addition in progress, is being built out as a 2-bedroom, 1-bathroom ADU, creating strong future rental income potential on a single lot. Buyer to complete construction and verify all permits with the City of Los Angeles. The location adds further appeal. Situated in the central San Fernando Valley with direct access to the 405 freeway, commuting throughout the region is straightforward, and Valley Presbyterian Hospital is just over a mile away. The Sepulveda Basin Recreation Area, Japanese Garden, and Lake Balboa are all within a few miles, and the neighborhood sits on the border of Sherman Oaks, offering proximity to the Galleria, Costco, and a wide range of dining and retail options.
Location
Van Nuys, Los Angeles County, CA 91411
Open on Google Maps ↗Listed by: Sebastian Stofenmacher · Edgestone Real Estate, Inc.
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $29,750 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
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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