15155 Sherman Way 26
Van Nuys, CA, 91405
$396,000
MLS: GD26070331
Beds
2
Baths
2
Sq Ft
1,035
Lot
—
Year Built
1979
MLS #
GD26070331
Days on Market
1
Listed
Apr 20, 2026
Description
This refreshed 2-bedroom, 2-bathroom condo offers a rare layout with no neighbors above or below. It is situated in an Exclusive, free-standing building of only six units; the entry is up one level due to covered tandem parking underneath. The building is located on the west side of the complex and does not face Sherman Way. Your front door opens to an airy space with a vaulted ceiling and features a one-of-a-kind Bonus Loft tucked over the kitchen—perfect for a gaming space, a cozy slumber party zone, or a quiet retreat. Step out onto your private patio to enjoy serene views of a landscaped courtyard and the gentle sound of two trickling fountains. The interior has been mostly repainted and is a clean slate, ready for you to enhance the existing features or bring your own design vision to life—a task made easier by new vinyl plank flooring in both bathrooms. For your convenience, there is an in-unit stacked washer/dryer and a dedicated water heater. Parking space #200 provides covered tandem parking for two cars and is easily accessible to the driveway gate and the unit. Outside your door, the gated complex offers a sparkling pool and jacuzzi, a spacious sun deck for lounging, and outdoor gas grills. Location is everything: you are minutes from the lush greenery of Lake Balboa Park, the vibrant dining and shopping hubs along Sepulveda and Van Nuys Boulevards, and the 405 freeway for an effortless commute. This gem is ready for its next chapter and so are you. For an idea of what this property could look like fully remodeled, look at listing number 26724329, unit #47, in the same complex. The listing price already factors in the cost of remodeling, should you choose to do so.
Location
Van Nuys, Los Angeles County, CA 91405
Open on Google Maps ↗Listed by: Gary Livingood · Gary Livingood
Payment estimate
$3,051
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,600 · Loan: $356,400
- Principal & Interest
- $2,190
- Property tax (1.25%)
- $413
- Homeowners insurance
- $300
- Mortgage insurance
- $149
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 $13,860 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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