5801 Willis Avenue
Van Nuys, CA, 91411
(No pictures available yet)
$1,000,000
MLS: 26827745
Beds
3
Baths
2
Sq Ft
1,702
Lot
0.15 ac
Year Built
1956
MLS #
26827745
Days on Market
8
Listed
Apr 30, 2026
Description
Attention savvy buyers and couples looking for a nice opportunity for a sweet fixer. Nestled on a desirable corner lot in the heart of Sherman Oaks, this 3-bedroom, 1.5-bath home offers tremendous upside potential in one of the San Fernando Valley's most sought-after neighborhoods.Currently configured with a converted garage serving as a versatile bonus room, the flexible floor plan lends itself to a variety of uses home office, studio, playroom, or additional living space. Original hardwood floors , providing a warm and classic foundation ready to be restored to their full beauty.The property has served as a long-term rental and is primed for a full cosmetic and functional refresh. With the right vision and updates, this home has the bones and the location to command top dollar. Surrounded by charming, well-kept homes on a quiet corner lot, the setting is as appealing as the opportunity itself.Whether you're looking to renovate and resell, add to your rental portfolio, or create your dream primary residence, this Sherman Oaks gem checks all the boxes. Opportunities like this don't last bring your contractor and your imagination.
Location
Van Nuys, Los Angeles County, CA 91411
Open on Google Maps ↗Listed by: Blayne Pacelli · Rodeo Realty
Payment estimate
$7,411
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000
- Principal & Interest
- $5,695
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 $35,000 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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