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 bustling atmosphere, Van Nuys offers a unique blend of urban convenience and suburban charm. This dynamic community is home to a variety of parks, schools, and shopping centers, making it an ideal place for families, young professionals, and retirees alike. With easy access to major freeways, residents can enjoy a quick commute to downtown Los Angeles, the San Fernando Valley, and beyond.

Among the diverse housing options available in Van Nuys, homes with a quadruplex subtype stand out as a prime investment opportunity. Quadruplexes, which consist of four separate living units, provide an excellent chance for homeowners to generate rental income while maintaining a residence. This multifamily housing type is particularly appealing in Van Nuys, where demand for rental properties continues to rise due to the area's growing population and proximity to key amenities.

Investing in a quadruplex in Van Nuys not only offers financial benefits but also fosters a sense of community. With multiple units, you can create a friendly neighborhood atmosphere while enjoying the advantages of shared living. Whether you’re looking to house extended family, friends, or renters, quadruplexes provide the flexibility and space you need.

Explore the opportunities that await in Van Nuys and discover how a quadruplex can enhance your lifestyle and investment portfolio. With its welcoming spirit and promising real estate market, Van Nuys is truly a hidden gem in the Los Angeles area!

Newest Van Nuys Homes with Quadruplex Subtype

$890,000
SB26191649 MLS ⋅ Active Under Contract 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.