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 rich cultural diversity and bustling atmosphere, Van Nuys offers a unique blend of urban convenience and suburban charm. With its close proximity to major highways, public transportation, and the iconic attractions of Los Angeles, residents enjoy easy access to everything from the glitz of Hollywood to the serene beauty of nearby parks.

One of the standout features of Van Nuys is its diverse real estate market, particularly the availability of quadruplex homes. Perfect for both investors and those seeking multi-generational living arrangements, quadruplex homes provide an incredible opportunity to maximize space and income potential. These properties typically consist of four separate units, allowing for a variety of living arrangements and rental income options. Whether you’re looking to house family members or generate revenue through rentals, quadruplex homes in Van Nuys offer flexibility and financial advantages.

In addition to their practicality, these homes are often situated in desirable neighborhoods, close to schools, shopping centers, and recreational facilities. The community is known for its friendly atmosphere, making it an ideal place for families and individuals alike. With a mix of modern amenities and classic architecture, quadruplex properties in Van Nuys not only provide comfortable living spaces but also a sense of belonging within a dynamic community.

Explore the possibilities that await you in Van Nuys, where the charm of suburban living meets the excitement of city life, all while enjoying the benefits of quadruplex homes tailored to fit your lifestyle.

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.