15511 Sherman Way 1
Van Nuys, CA, 91406
$460,000
MLS: SR26002373
Beds
2
Baths
2
Sq Ft
959
Lot
2.51 ac
Year Built
1978
MLS #
SR26002373
Days on Market
65
Listed
Jan 5, 2026
Description
Step into this newly upgraded, lower-level 2 bedroom, 2 bathroom condo with modern finishes and a move-in–ready feel in the heart of Van Nuys. The unit features brand-new flooring, fresh interior paint, and new recessed lighting that brightens the open-concept living space. A private patio extends the living area and provides a comfortable outdoor retreat. The updated kitchen boasts newly refinished cabinetry, updated countertops, and brand-new appliances including a refrigerator, dishwasher, microwave, and hood. The functional layout flows seamlessly into the dining and living areas—great for everyday living or hosting guests. Both bathrooms have been tastefully updated with modern fixtures and refreshed finishes. The split-bedroom layout enhances privacy, with the primary suite offering its own upgraded en-suite bathroom and generous closet space. Additional highlights include in-unit laundry, central A/C and heat, and two assigned parking spaces in a secure gated community. Community amenities include a pool, spa, and well-maintained grounds. Conveniently located near shopping, dining, transit, and major freeways, this newly upgraded condo delivers comfort, style, and convenience in a prime San Fernando Valley location.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Jose Orellana Morales · Citiwide Realty Group
Payment estimate
$3,495
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $46,000 · Loan: $414,000
- Principal & Interest
- $2,544
- Property tax (1.25%)
- $479
- Homeowners insurance
- $300
- Mortgage insurance
- $173
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 $16,100 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 Van Nuys, CA 91406 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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