ActiveCondominium

15051 Sherman

Van Nuys, CA, 91405

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$450,000

Original list price: $495,000

MLS: SR25265634

Beds

2

Baths

2

Sq Ft

1,365

Lot

3.57 ac

Year Built

1980

MLS #

SR25265634

Days on Market

129

Listed

Nov 24, 2025

Description

Investors Wanted! This end-unit townhome in the highly desirable Kimberly Woods community is the perfect opportunity for anyone looking for a full renovation project. The home needs to be gutted, but offers excellent potential for the right buyer. You may be able to salvage the kitchen cabinets—beyond that, bring your vision and creativity. Nestled among mature trees, this spacious 3-level townhome features 1,365 sq. ft. of living space with an attached 2-car garage and a separate laundry room. The main level offers an open-concept floor plan with high ceilings, a cozy living room with a fireplace, dining area, kitchen, and half bath. Upstairs, you’ll find two primary suites—each with generous bedroom space and its own full bathroom. A bonus room on the garage level provides flexibility for a potential third bedroom, home office, or studio. Enjoy community amenities including a 40-foot pool, spa, sauna, and two parks. The complex is pet-friendly and ideally located—just a short stroll to coffee shops, restaurants, groceries, banks, and more. This property is priced to sell and ready for someone excited to bring it back to life. Whether you’re an investor or buyer looking for a project, this is a rare chance to unlock real value in an excellent location. Subject to bankruptcy court approval.

Location

Van Nuys, Los Angeles County, CA 91405

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Listed by: Raquel Marchant · Real Brokerage Technologies, Inc.

Payment estimate

$3,500

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,000 · Loan: $405,000

%
Principal & Interest
$2,563
Property tax (1.25%)
$469
Homeowners insurance
$300
Mortgage insurance
$169
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $15,750 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.