Van Nuys Homes with Quadruplex Subtype

Van Nuys Homes with Quadruplex Subtype

Welcome to Van Nuys, a vibrant and diverse neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural tapestry and convenient location, Van Nuys offers a unique blend of urban living and suburban charm. With its proximity to major freeways, public transportation, and the bustling San Fernando Valley, residents enjoy easy access to all that the City of Angels has to offer, from world-class dining and shopping to stunning parks and recreational facilities.

One of the standout features of the Van Nuys real estate market is the availability of quadruplex homes. These multifamily properties are perfect for investors looking for a profitable venture or families seeking ample space to grow. Quadruplex homes provide four separate living units, each with its own entrance, allowing for both privacy and community. This makes them ideal for multi-generational living or as opportunities for rental income. Imagine owning a property where you can live in one unit while renting out the others, creating a sustainable lifestyle that supports your financial goals.

The architectural styles of quadruplex homes in Van Nuys range from charming vintage designs to modern builds, ensuring that there is something for everyone. The neighborhood itself boasts a friendly atmosphere, with tree-lined streets, local parks, and a variety of shops and eateries that cater to all tastes. Whether you’re an investor or a homeowner looking for a spacious abode, Van Nuys offers a welcoming community and a promising real estate market that is worth exploring. Come discover the possibilities that await in this dynamic neighborhood!

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.