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 Los Angeles County, California. Known for its diverse community and rich cultural tapestry, Van Nuys offers a unique blend of urban convenience and suburban charm. With its strategic location, residents enjoy easy access to major freeways, making commuting to nearby hotspots like Hollywood, Downtown LA, and the San Fernando Valley a breeze. The area is dotted with parks, shopping centers, and an array of dining options, catering to all tastes and lifestyles.

For those seeking an investment opportunity or a multi-family living arrangement, the quadruplex homes in Van Nuys present an exciting prospect. These properties typically consist of four individual units, providing ample space and flexibility for families or investors. Quadruplexes are ideal for generating rental income while maintaining a sense of community, as they allow for close proximity to loved ones or tenants.

The architectural styles of quadruplex homes in Van Nuys are as diverse as the neighborhood itself, ranging from charming vintage designs to modern builds, ensuring there’s something to suit every aesthetic preference. With the growing demand for rental properties in this bustling area, investing in a quadruplex can be a savvy financial decision.

Whether you’re looking to settle down in a welcoming community or explore a lucrative real estate opportunity, Van Nuys and its quadruplex homes offer the perfect blend of comfort, convenience, and potential. Discover the charm of Van Nuys today and envision the possibilities that await you in this dynamic neighborhood!

Newest Van Nuys (VN) Homes with Quadruplex Subtype

6512 Balboa Boulevard, Van Nuys
$1,275,000
SR26221802 MLS ⋅ Active Status
Outstanding investment opportunity in a convenient Van Nuys location! Situated on a prominent corner lot, this four-unit residential income property offers approximately 4,726 square feet of building area on a 6,235-square-foot parcel, presenting an appealing opportunity for investors seeking a multifamily acquisition with long-term income potential. Originally constructed in 1952 and substantially expanded in the early 1990s, the two-story property features four generously sized residential units, previously configured as three 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. The exterior features stucco construction, established landscaping, mature trees, colorful flowering bougainvillea, gated pedestrian access, individual exterior entries, and concrete walkways connecting the residences. Rear alley access leads to a substantial off-street parking area with covered parking, an especially desirable convenience for a multifamily property. Previous listing information indicates separate gas and electric meters serving the four units and a common water meter. The property's substantial unit sizes, established residential configuration, and potential for future improvements and income growth make it an appealing opportunity for investors looking to expand or establish a rental portfolio, subject to existing tenancies and applicable regulations. Conveniently located near Lake Balboa, the Sepulveda Basin Recreation Area, Woodley Lakes Golf Course, shopping, dining, public transportation, and the 101 and 405 freeways. An opportunity to acquire a four-unit property in the heart of the San Fernando Valley. Buyer to independently verify all information, including square footage, unit configurations, permits, parking, rents, expenses, and property condition.

6512 Balboa Boulevard, Van Nuys

6870 Woodley Avenue, Van Nuys
$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.

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