Van Nuys Homes with Quadruplex Subtype

Van Nuys Homes with Quadruplex Subtype

Welcome to Van Nuys, a vibrant neighborhood nestled in the heart of the San Fernando Valley in Los Angeles County, California. Known for its rich cultural diversity and community spirit, Van Nuys offers a unique blend of urban living and suburban charm. With its convenient access to major freeways, public transportation, and the bustling Los Angeles International Airport, residents enjoy the best of Southern California living.

One of the standout features of Van Nuys is its array of housing options, particularly the quadruplexes that grace the streets. These multifamily homes are perfect for savvy investors looking to maximize their rental income or families seeking to live in close-knit communities. Quadruplexes in Van Nuys typically offer four separate living units, each with its own entrance, providing a blend of privacy and community. This setup is ideal for multi-generational living or for those who wish to create a harmonious living environment while also benefiting from rental opportunities.

The neighborhood is dotted with parks, shops, and dining options, making it a delightful place to call home. Residents can enjoy the nearby Van Nuys Recreation Center, which features sports facilities, playgrounds, and picnic areas, perfect for family outings. With its rich history, diverse culture, and thriving real estate market, Van Nuys is not just a place to live—it's a community where memories are made and opportunities abound. Explore the charm of quadruplex living in Van Nuys and discover the perfect blend of investment potential and residential comfort!

Newest Van Nuys Homes with Quadruplex Subtype

$890,000
SB26191649 MLS Active Status
Rare value-add income opportunity with significant upside potential in a convenient Van Nuys location. Situated on an expansive 9,017 SF lot, 6870 Woodley Ave features four (4) existing residential units and offers an excellent opportunity for investors looking to reposition, improve and maximize a multifamily asset. One unit will be delivered vacant, providing an immediate opportunity to renovate and lease at current market rents, while the existing occupied units provide income from day one. Two units have 2 bed + 1 bath and the other two are 1 bed + 1 bath units. Vacant unit is a top level 1 bed + 1 bath. Property currently has 4 covered carport spaces plus room for 6 or more cars on site. The property's generous lot size and existing configuration may offer additional opportunities for ADU development, laundry income, expansion or other improvements, creating the potential to further enhance rental income and long-term value. Buyers and developers are encouraged to independently investigate and verify all zoning, density, ADU, development and redevelopment possibilities with the City of Los Angeles and appropriate professionals. With a combination of existing income, a vacant unit ready for renovation, large amount of open land and potential for additional units, this property presents multiple paths to create value. Conveniently located in Van Nuys with easy access to shopping, dining, schools, transportation, major freeways (101 & 405) and employment centers throughout the San Fernando Valley. 6870 Woodley is an outstanding opportunity for an investor seeking a multifamily property with immediate value-add potential and compelling long-term possibilities.

6870 Woodley Avenue, Van Nuys

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.