Van Nuys (VN) Homes with Quadruplex Subtype

Van Nuys (VN) 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 dynamic community, Van Nuys offers a unique blend of suburban comfort and urban convenience. With its central location, residents enjoy easy access to major freeways, making commutes to downtown Los Angeles and nearby business districts a breeze. The area is also home to a variety of parks, schools, and shopping centers, providing a well-rounded lifestyle for families and professionals alike.

One of the standout features of Van Nuys is its diverse array of housing options, including the increasingly popular quadruplex homes. These multi-family residences are ideal for both investors and those looking for a unique living arrangement. Quadruplexes in Van Nuys offer the possibility of generating rental income while living in one unit, making them an attractive option for savvy homeowners. With each unit typically featuring its own entrance, kitchen, and living space, residents can enjoy privacy while still being part of a close-knit community.

The architectural styles of quadruplexes in Van Nuys range from charming vintage designs to modern builds, catering to various tastes and preferences. With the potential for strong rental demand in this thriving area, investing in a quadruplex not only provides a comfortable living space but also a smart financial opportunity. Explore the possibilities that await you in Van Nuys, where community spirit and investment potential come together seamlessly!

Newest Van Nuys (VN) 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

Start Your Search

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.