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, California. Known for its rich cultural diversity and convenient location, Van Nuys offers a unique blend of urban living with a suburban feel. Just a short drive from the bustling streets of downtown Los Angeles, this community is well-connected by public transportation, making it an ideal choice for commuters and families alike.

One of the standout features of Van Nuys is its array of housing options, particularly the charming quadruplex homes that grace many of its tree-lined streets. These multifamily residences are perfect for those looking to invest in real estate or for families seeking a spacious living arrangement. Quadruplex homes in Van Nuys typically offer four separate living units, providing ample opportunities for rental income while maintaining a sense of community.

Living in a quadruplex not only allows for a more affordable housing option but also fosters a sense of camaraderie among neighbors. With each unit designed to maximize space and comfort, residents can enjoy modern amenities while benefiting from the shared outdoor spaces that often accompany these properties.

In addition to the appealing housing options, Van Nuys boasts a variety of recreational facilities, parks, and local eateries, making it a delightful place to call home. Whether you’re drawn to the area's rich history, diverse culture, or the potential for investment, Van Nuys is a neighborhood that truly has something for everyone. Discover the charm and opportunity that awaits you in this dynamic Los Angeles community!

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

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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.