15542 Sherman Way 11
Van Nuys, CA, 91406
$399,995
MLS: BB26026632
Beds
2
Baths
2
Sq Ft
1,087
Lot
0.86 ac
Year Built
1961
MLS #
BB26026632
Days on Market
29
Listed
Feb 6, 2026
Description
Beautifully remodeled 2-bedroom, 1.5-bath condo located in the back of the desirable Sherwood Park community. This corner turnkey unit features brand-new flooring, fresh paint, recessed lighting throughout, central AC and heat, and an upgraded kitchen with new cabinets, countertops, and stove. The primary bedroom features a remodeled en-suite half bath with direct access to an extra-large, fully remodeled full bathroom with a tub. Enjoy seamless indoor-outdoor living through a double-pane sliding door that opens to a huge private patio. The patio is perfect for BBQs and entertaining, with direct access to the community pool just steps away. Two private parking spaces are conveniently located directly outside the unit, and the community laundry room is situated very close by. Centrally located near shopping, dining, public transportation, and easy freeway access, this move-in-ready home offers comfort, convenience, and resort-style living.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Daniel Madariaga · Contempo Realtors
Payment estimate
$3,079
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $359,995
- Principal & Interest
- $2,212
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 $14,000 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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