3
Bedrooms
Sold for $860,000 · Jul 2025
SOLDListed at $825,900
Van Nuys, CA
MLS# 225002855
Judy Williams
Listing Agent
Keller Williams Westlake Village
Licensed Real Estate Professional
Brokerage: Keller Williams Westlake Village
3
Bedrooms
3
Bathrooms
1,825 sqft
Square Feet
1952
Year Built
6,858 sqft
Lot Size
$471
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
California Bungalow with Untapped Potential! This charming 1,825 sqft , 3 bedrooms, 3 bath, home offers a fantastic opportunity to create your dream home. Located in one of the close-knit neighborhoods in Lake Balboa and is situated on a charming tree-lined street, this home is a blank canvas awaiting your personal touches and renovation vision. The welcoming front porch area is ideal for transforming into a darling sitting area for a picture-perfect cozy nook. The front yard offers grass as well as astro turf area below the dining room window. Inside you will find original hard wood floors throughout the living room, halls and bedrooms, except for the family room which was replaced with wood like flooring. There are 3 true bedrooms and 2 full baths with one half bath by the family room which all have ceramic tile floors. The primary bedroom has a walk-in closet. The kitchen and laundry area flooring, wallpaper and cabinetry is original and needs some TLC. Dual pane windows and sliders throughout the home. The slider in the primary and family room all lead out to the pool area. Covered patio overlooking the pool provides year-round usability and is ideal for shading lounging and outdoor dining by the lava gas fire pit.There is a pool shed that is on concrete to hold all the supplies and comes with a refrigerator to keep all those beverages nice and cold. There are 2 water heaters and one of them was replaced this week. This home offers easy access and is ideally located within minutes of Balboa Park, The Japanese Garden, the Orange Line and the Van Nuys Par 3 Golf Course which also has a 9-hole executive course, and the 101 and 405 freeways close by. Bring your creativity and transform this property into a California masterpiece. This property is ready for its makeover moment! Opportunities like this don't last - unleash the potential and unlock the value.'
Listing description from the July 2025 sale, as reported to CRMLS.
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1 recorded sale
16431 Gilmore Street sold for $860,000 in July 2025, 4.1% over its $825,900 list price, after 41 days on the market. That works out to $471 per square foot on 1,825 square feet. Across 167 closed sales in 91406 over the last 12 months, the median sold price is $880,000 and the median is $561 per square foot, 19% above this sale's $471. 3-bedroom rentals in 91406 currently list at a median of $3,995 a month (19 listings).
| Quarter | Closed sales in 91406 | Median sold price |
|---|---|---|
| Q1 2026 | 14 | $892,500 |
| Q2 2026 | 71 | $850,000 |
| Q3 2026 | 62 | $902,500 |
| Q4 2026 | 20 | $892,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Van Nuys · Homes for sale in 91406
Closed sales reported in 91406, nearest first, last 12 months. All recent sales in Van Nuys →
16431 Gilmore Street
Contact Judy Williams
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Contact Listing Agent
Keller Williams Westlake Village
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