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15050 Sherman Way Unit 166

Van Nuys, CA 91405

2 beds
2 baths
1,396 sqft
~3 acre lot
$414 per sqft
1981 build
– on site

Welcome to this beautifully updated 2-bedroom, 1.5-bath townhouse in the sought-after Parkwood HOA community of Van Nuys. This move-in-ready home offers a perfect blend of comfort and modern upgrades, featuring a spacious patio and two balconies for each bedroom. As you enter through the double entry doors, you'll immediately notice the elegant travertine floors, soaring vaulted ceilings, and recessed lighting that enhance the bright and airy ambiance. The inviting living room with a fireplace flows seamlessly into the dining area, creating an ideal space for entertaining. The updated kitchen upgraded cabinets, under-cabinet lighting, a pantry closet, countertop seating, and a dishwasher. A laundry area, storage closet, and a modernized half bath complete the first floor. Upstairs, the primary bedroom is a private retreat with laminate flooring, a custom-built wardrobe with shelving, and a balcony. The second bedroom also features laminate flooring and its own balcony. The large hallway bathroom offers a hydro-massage bathtub for ultimate relaxation. Additional highlights include LED recessed lighting, a video doorbell, keyless entry, plantation shutters, an updated HVAC system (2021), a water heater (2021), a 200-amp electrical panel (2019), and upgraded plumbing (2022). This unit comes with two tandem parking spaces and an approximate 13' x 10' storage room with custom shelving and a newer steel door. Additionally, the community has installed individual EV chargers for each property. The Parkwood community offers resort-style amenities such as a pool, spa, gym, sauna, and a spacious clubhouse perfect for hosting gatherings. Recent HOA improvements include a newer roof (2024). Conveniently located near shopping, Starbucks, schools, and major freeways, this home is a must-see! This HOA community is FHA-approved.

Listed By CRMLS_CA / Stepan Boyadzhyan / Keller Williams Studio City

Last checked: Checking… • Last updated Mar 26, 2025 •

MLS# 25513525 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1981
New Construction:

No
Total Number Of Units:

133
Unit Number:

166
Architectural Style:

Modern
Entry Level:

1
Patio And Porch Features:

Patio Open
Patio:

1

Interior

Features:

High Ceilings, Open Floorplan
Levels:

Two
Kitchen Features:

Granite Counters, Walk-In Pantry
Eating Area:

Dining Room
Door Features:

French Doors, Double Door Entry
Window Features:

Double Pane Windows, Plantation Shutters, Screens, Skylight(s)
Flooring:

Vinyl, Tile
Room Type:

Living Room, Entry, Walk-In Closet
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Stackable
Laundry:

1

Room Dimensions

Living Area:

1396.00

Financial & Terms

Disclosures:

CC And R's

Location

Directions:

From the 405 Freeway, exit Sherman Way and head east. Continue past Sepulveda Blvd. The Parkwood HOA community will be on your right just before Kester Ave.
Latitude:

34.20032100
Longitude:

-118.46127500

The Property

Property Type:

Residential
Subtype:

Condominium
Zoning:

LARD1.5
Lot Size Area:

142506.0000
Lot Size Acres:

3.2715
Lot Size SqFt:

142506.00
View:

None
Security Features:

Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Additional Parcels:

No
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

2

Baths

Total Baths:

2
Bathroom Features:

Jetted Tub, Tile Counters, Shower in Tub
Full & Three Quarter Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2220004142

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Microwave
Included:

Yes

Schools

High School District:

Los Angeles Unified

The Community

Association Amenities:

Clubhouse, Hot Water, Pool, Spa/Hot Tub, Sauna
Association:

Yes
Association Fee:

$504
Association Fee Frequency:

Monthly
Pool:

In Ground, Community
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Heated, Community, In Ground
Assessments:

No

Parking

Parking:

Yes
Parking:

Tandem Garage

Monthly cost estimate

Asking price

$579,000

Expense	Monthly cost
Mortgage	$3,100
Taxes	N/A
Insurance	$159
HOA fees	$504
Utilities	$148 See report
Total	$3,911/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Listed / Active	CRMLS_CA	$579,000	11.3% (5.5% / YR)
7/28/23 Jul 28, 2023	Price Changed	BRIDGE
7/27/23 Jul 27, 2023	Price Changed	BRIDGE

32% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $55k over asking price.

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This condo located in South Valley, Los Angeles, CA 91405 is currently for sale for $579,000. 15050 Sherman Way Unit 166 is a 1,396 square foot condo with 2 beds and 2 baths that has been on Estately for 9 days. 15050 Sherman Way Unit 166 is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 60, making it somewhat walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams Studio City. Based on information from California Regional Multiple Listing Service, Inc. as of 13:35 on Mar 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.