masterkey logo
14821 Sherman Way UNIT 12
Score
74
Los angeles, CA

14821 Sherman Way UNIT 12

316K
2 bd • 1 ba • 836 sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

0:00
0:00 / 0:00

Property Overview

List Price
$316,061
-59%vs 91405
Price/Sq.Ft
$378
-30%vs 91405
Above Estimated Range
5.4% above range

Current Price

$316,061

Estimated Range

$285,000 - $300,000

$316,061
Below Market-20%
Above Market+20%

*AI analysis for educational purposes only - NOT a professional appraisal. Consult licensed appraisers for property valuations.*

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Recent Comparable Range (Educational Only)

$285,000

Based on recent sales data. NOT a professional appraisal or offer recommendation.

Model Confidence:High(65%)
*Based on data quality & coverage*

AI Rationale

The offer reflects necessary renovations and market conditions. Seller motivation and the market's phase support this strategy.

AI Analysis Score
74
62
Home Condition
65
Natural Light
87
Market Data
68
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Outdated Kitchen Cabinets
Outdated Kitchen Cabinets

Outdated Kitchen Cabinets

The dark cabinets and laminate countertops are dated and worn.

Bold Wall Colors
Bold Wall Colors

Bold Wall Colors

The bright blue and yellow walls are not neutral and may deter some buyers.

Dated Bathroom Fixtures
Dated Bathroom Fixtures

Dated Bathroom Fixtures

The bathroom has an old vanity, mirror, and shower curtain.

Cluttered Bedroom
Cluttered Bedroom

Cluttered Bedroom

The bedroom is cluttered and needs decluttering and new flooring.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$30,000

Outdated Kitchen

$15,000
High

Bathroom Renovation

$7,000
High

Interior Painting and Flooring

$8,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$316,061
-30%List: $316,061+30%
20%
$63,212of $316,061
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,327/year, HOA: $300/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$84,814
Closing Costs
+$21,602
Down Payment
$63,212
Buyer Agent Fee
$8,060
Loan Fees
$2,528
Title & Escrow
$1,896
Inspections
$900
Transfer Tax
$3,477
Prepaid Expenses
$4,741

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
49 days
vs 68 day average
This home has been listed for 49 days, while homes in this area typically sell in 68 days
Inventory Health
73
homes for sale
14 homes sold last month, indicating 5.2x more supply than demand
Price Dynamics
100.9%
of asking price
Homes typically sell for 0.9% above asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$770,000
Current median price
+6.2%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are up 1.0% over the last 3 months
3 Months
+1.0%
6 Months
+2.7%
1 Year
+6.2%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales increasing 6.1% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$770,000
3 Months Ago
$640,000
+20.3%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$316,061
Price/sqft
$378
Layout
2 bd1 ba
Days on market
49 daysat time of analysis

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$384,000

17.7%

Your price is 17.7% below average

Median Price

$417,000

24.2%

Based on 3 recent sales

Price per Sq.Ft

$419

9.8%

Your price is 9.8% below average $/sqft

Comparable Properties

14821 Sherman Way #12, Van Nuys, CA 91405
Price: $315,000
Sq.Ft: 836
Beds/Baths: 2/1
$/Sq.Ft:
$3770.3%
Sale Date: 8/30/2025
7300 Lennox Ave #I-6, Van Nuys, CA 91405
Price: $417,000
Sq.Ft: 971
Beds/Baths: 2/2
$/Sq.Ft:
$42913.6%
Sale Date: 8/19/2025
14914 Hamlin Street #105, Van Nuys, CA 91411
Price: $420,000
Sq.Ft: 930
Beds/Baths: 2/2
$/Sq.Ft:
$45219.5%
Sale Date: 7/2/2025

Schools

Details about nearby schools in this area

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

58/100
Average

Based on data from San Fernando Police Department

Total Crime Rate
566.7
per 100,000 residents
Violent Crime Rate
88.7
per 100,000 residents
Property Crime Rate
474.3
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
93
Property Crimes
422
2023
Violent Crimes
89
4.3%
Property Crimes
501
18.7%
2024
Violent Crimes
84
9.7%
Property Crimes
511
21.1%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly inspect the kitchen cabinets and countertops for water damage, warping, or signs of wear and tear, paying close attention to areas around the sink and dishwasher.

Inspect the ceilings and walls for water stains, cracks, or signs of mold, especially in the bathrooms and around windows.

Inspect the electrical panel for any signs of damage, corrosion, or outdated wiring, and test all outlets and switches to ensure they are working properly.

Pay close attention to any unusual odors, as they could indicate mold, pests, or other problems.

Educational Questions

Sample questions for educational purposes

Given the 'below market' pricing and the need for a 'fast close,' are there any known issues with the property that haven't been disclosed, such as pending litigation against the HOA or special assessments?

Can you provide documentation of the HOA's financial health, including reserve funds and any planned increases in dues?

Has the unit ever experienced any water damage, leaks, or mold issues, especially considering the 'minor flood risk' identified in the climate risk assessment?

How old are the central AC and heating units, and when were they last serviced?

Can you provide documentation of the last termite inspection and any treatments that have been performed?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

No similar properties found at this time.