$2,073,000
Exceptional income-producing opportunity in the heart of Van Nuys. This extensively upgraded and thoughtfully reimagined property offers incredible flexibility for investors, multigenerational living, co-living opportunities, corporate housing, or extended family use. Situated behind private gates on a large lot, the property has been transformed into a versatile compound-style residence featuring multiple private living areas designed for maximum functionality and privacy. The property includes a beautifully remodeled main residence along with additional separated living quarters, offering a total of 8 bedrooms and 7 bathrooms. Interior improvements include updated kitchens, modernized baths, upgraded flooring, renovated living spaces, and flexible room configurations throughout. The attached garage has been converted into additional living space, further enhancing the property's utility and income potential. Property includes a main residence, ADU, and Jr. ADU, each with its own separate address, creating a rare three-address configuration that enhances flexibility, functionality, and long-term investment appeal. Designed with both comfort and flexibility in mind, many areas feature private entrances and independent living functionality, creating an ideal setup for rental income optimization or owner-user scenarios. The spacious lot provides ample outdoor space, gated privacy, and multiple-use possibilities for future enhancement. Conveniently located near major freeways, shopping, dining, and employment centers, this rare property presents a unique opportunity for investors seeking strong cash-flow potential and long-term upside in a high-demand rental market.
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Listed by Soraaya Eslamieh with My Valley Realty (818) 668-7087
Property Type
Single Family Residence
Status
Active
MLS Number
SR26108918
Year Built
1933
Lot Size
0.31 acres