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15114 Sherman Way, 114, Van Nuys, CA 91405

$495K2bd · 3ba · 1,456 sqft
Lot 24,755 sqft•HOA $510/mo•Condominium•
Active
•18d on market•MLS# CV-26187465

Property Description

Spacious and versatile 2-bedroom, 3-bathroom condominium in the heart of Van Nuys! Offering approximately 1,456 sq. ft. of living space, this home provides an inviting layout with generously sized rooms and three bathrooms for added convenience. Central heating and cooling provide year-round comfort, while the community setting offers the ease of condominium living. Ideally positioned on Sherman Way, the property is close to everyday shopping, dining, services, transportation, and major Valley roadways. Whether you're looking for a primary residence, a home with room to grow, or an investment opportunity, 15114 Sherman Way #114 offers space, convenience, and excellent potential in a desirable Los Angeles-area location.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
City
Van Nuys
Zip Code
91405
County
Los Angeles
Listed byUnknown Office, Celsie Solon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,502.99
Principal & Interest
Loan Amount
$396,000
Total Interest
$505,076
Total Payment Over 30 Years
$901,076
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

15114 Sherman Way, 114, Van Nuys, CA 91405

Van Nuys · Condominium

$495K
Affordable Tier
Beds
2
Baths
3
Sqft
1,456
Lot
24,755 sqft
Year
1991
$/Sqft
$340
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 3.3% above the median closed sale of $479,000. Price per sqft ($340) is a 11% discount to closed comps ($380). Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $495K· $340/sqft
Total list price
Closed comps
vs closed median $479K
+$16K (+3.3%)
Active comps
vs active median $569K
−$74K (−13.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $397
−$57 (−14.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
14937 Sherman WayVan Nuys1980331,3940$408$569,0001190
14239 Sherman WayVan Nuys1980231,56017,329$352$549,5005188
14937 Sherman WayVan Nuys1980331,39425,256$430$599,88810486
13629 WyandotteVan Nuys2007331,51028,691$430$649,000685
15145 VictoryVan Nuys1980221,27913,436$367$469,0001082
Total: 5 · Average2.62.81,427.421,178$397.4$567,277.636.4
Median1,394$569,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6847 Haskell AvenueVan Nuys198209/22/2026231,37010,646$479,000$479,000$3501.003588
13941 Sherman Way BoulevardVan Nuys200608/12/2026221,17024,916$475,000$500,000$4271.0511883
7100 Balboa BoulevardVan Nuys198005/27/2026231,580149,411$589,000$585,000$3700.994782
13941 Sherman WayVan Nuys200608/26/2026221,17024,916$475,000$475,000$4061.006781
13567 Valerio StreetVan Nuys197609/30/2026231,210141,886$409,900$422,000$3491.0313480
Total: 5 · Average2.02.61,30070,355$492,200$492,200$380.4—80.2
Median1,210$479,000$479,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.