tomo logo

$500,000

Beds
2
Baths
2.0
sq ft
950

13951 Sherman Way Unit 204, Van Nuys, CA 91405

13951 Sherman Way Unit 204

Van Nuys, CA 91405

  • 2 days on market
Welcome to this charming Spanish-style condo built in 2006, located in the heart of Van Nuys. This beautifully updated 2-bedroom, 2-bath unit offers the perfect layout with dual main suites on opposite sides of the bright and airy living room. Enjoy your morning coffee on the private balcony and the convenience of an in-unit washer/dryer. The kitchen features modern updates including a stylish backsplash, while tandem parking for two cars is provided in the gated garage. Community amenities include an elevator, fitness center, recreation room, and additional laundry facilities, all set around a tranquil courtyard with lush landscaping and a serene fountain. Enjoy peace and quiet while being just minutes from restaurants, shopping, entertainment, and major freeways. This is the one you’ve been waiting for!

Details

Property type

Condominium

Est. home value

$497,012

Lot size

0.548 acres

Price per sq ft

$527

Year built

2006

Monthly HOA fee

$419

Price History

04/02/2025
CRMLS

CRMLS #PW25070729

Listed
$500,000
+3.09%
06/08/2022
CLAW

CLAW #22141200

Sold
$485,000
+53.97%
01/08/2018
CLAW

CLAW #17278750

Sold
$315,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

30

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$93,231
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$366,769
Cash to seller
$93,231

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

April 2022

Original loan amount

$388,000

Est. remaining balance

$366,769

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Christopher Julian Alvarez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 10:00 PM

Listing updated: 04/03/2025 at 1:05 AM

Listed by: Cyrus Mohseni, The Keystone Team Phone #: (949) 288-2118

MLS: CRMLS #PW25070729

CRMLS logo

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