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 dynamic community spirit, Van Nuys is a hidden gem that offers a unique blend of urban convenience and suburban charm. With its tree-lined streets, bustling shopping districts, and proximity to major freeways, residents enjoy easy access to the best that Los Angeles has to offer, from the glitz of Hollywood to the serene beauty of nearby parks.

For those looking to invest in real estate, Van Nuys presents an exciting opportunity, particularly with homes featuring the quadruplex subtype. These versatile properties are perfect for investors seeking to maximize their rental income or for families looking to create a multi-generational living space. A quadruplex allows for four separate living units within one building, providing not only the potential for significant cash flow but also the chance to foster a close-knit community environment.

Imagine the possibilities of owning a quadruplex in this thriving neighborhood! Each unit can be customized to suit your needs, whether you’re looking to rent them out to tenants or house family members. With the growing demand for rental properties in Van Nuys, investing in a quadruplex can be a smart financial move.

Van Nuys is more than just a place to live; it’s a community filled with parks, schools, and cultural attractions. Whether you’re enjoying a sunny afternoon at the Van Nuys Recreation Center or exploring the local dining scene, you’ll find that this neighborhood offers something for everyone. Discover the charm of Van Nuys and the potential of quadruplex living today!

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.