17347 Sherman Way
Van Nuys, CA, 91406
(No pictures available yet)
$699,950
MLS: SR26091968
Beds
3
Baths
1
Sq Ft
1,245
Lot
0.15 ac
Year Built
1949
MLS #
SR26091968
Days on Market
9
Listed
Apr 30, 2026
Description
What if the Van Nuys fixer with ADU potential you’ve been waiting for is finally here?This Van Nuys home for sale offers a rare opportunity to create value, generate income, and customize a property to your vision. Featuring 3 bedrooms, 1 bathroom, and approximately 1,245 sq ft, this home sits on a lot with strong ADU potential, making it ideal for investors, first-time buyers, or anyone thinking of moving to Van Nuys and looking for long-term upside. Added peace of mind comes with a recently installed roof, helping reduce major upfront expenses. Inside, you’ll find a functional layout with a spacious living room, a separate dining/flex area, and a kitchen that has already been partially updated—a major advantage for buyers looking to move in and improve over time. The kitchen features updated cabinetry, newer countertops, modern hardware, and an efficient layout that provides a solid foundation for future enhancements. There is also a dedicated indoor laundry area adjacent to the kitchen, adding everyday convenience and additional storage options. The home offers two well-sized secondary bedrooms along with a versatile third bedroom, ideal for guests, a home office, or growing households. The bathroom has been tastefully remodeled with a walk-in shower, updated tile work, and modern finishes—helping reduce immediate renovation costs. Step outside and the true opportunity begins. The lot provides space to explore adding a detached ADU (Accessory Dwelling Unit)—perfect for rental income, multigenerational living, or increasing overall property value. With the continued demand for housing, Van Nuys homes with ADU potential are in high demand.Why are so many buyers moving to Van Nuys? Its central San Fernando Valley location offers convenient access to major freeways, shopping, dining, and nearby employment hubs—while still providing more attainable pricing compared to surrounding Los Angeles neighborhoods. Whether you’re searching for a Van Nuys fixer, an investment opportunity, or a home with room to grow, this property delivers flexibility, value, and strong upside potential.
Location
Van Nuys, Los Angeles County, CA 91406
Open on Google Maps ↗Listed by: Scott Himelstein · Park Regency Realty
Payment estimate
$5,277
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,995 · Loan: $629,955
- Principal & Interest
- $3,986
- Property tax (1.25%)
- $729
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 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 $24,498 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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