Van Nuys Homes with Quadruplex Subtype

Van Nuys Homes with Quadruplex Subtype

Welcome to Van Nuys, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and convenient location, Van Nuys offers a unique blend of urban living and suburban charm. With its proximity to major highways and the bustling San Fernando Valley, residents enjoy easy access to the best of Los Angeles, from the glitz of Hollywood to the serene beauty of nearby parks.

One of the standout features of Van Nuys is its eclectic mix of housing options, particularly the increasingly popular quadruplex homes. Perfect for investors or those looking to maximize their living space, these properties provide four separate units, making them an ideal choice for multi-generational families or rental opportunities. Imagine the potential of owning a quadruplex where you can live in one unit while generating income from the others, all in a community that fosters a sense of belonging.

The neighborhood boasts an array of amenities, including parks, shopping centers, and a variety of dining options, ensuring that residents have everything they need within reach. The local schools are well-regarded, making it an attractive option for families looking to settle down in a community-oriented environment.

Whether you’re seeking a bustling urban lifestyle or a peaceful retreat, Van Nuys offers the best of both worlds. With its charming quadruplex homes, you can enjoy the freedom of space and the benefits of investment, all while being part of a dynamic and welcoming community. Explore the possibilities that await you in Van Nuys!

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.