Van Nuys (VN) Homes with Quadruplex Subtype

Van Nuys (VN) Homes with Quadruplex Subtype

Welcome to Van Nuys, a vibrant and diverse neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural tapestry and bustling community, Van Nuys offers residents a unique blend of urban convenience and suburban charm. With its central location, residents enjoy easy access to major freeways, making commuting to Downtown LA, Hollywood, and the San Fernando Valley a breeze.

Van Nuys is not just a place to live; it’s a community that celebrates its history while embracing modern living. The area boasts a variety of parks, shopping centers, dining options, and entertainment venues, ensuring that there’s always something to do. The Van Nuys Civic Center and the nearby Los Angeles Public Library serve as hubs for community engagement and culture, while the local farmers' market provides fresh produce and artisanal goods every week.

For those looking to invest in real estate, quadruplex homes in Van Nuys present an exceptional opportunity. These multifamily properties offer the perfect blend of income potential and residential comfort. With four separate units, quadruplexes are ideal for investors seeking rental income, or for families looking to live close to one another while maintaining their privacy. The demand for rental properties in this area is robust, thanks to its proximity to public transportation, schools, and amenities.

Whether you’re looking to buy your first home, expand your investment portfolio, or simply enjoy the vibrant lifestyle that Van Nuys has to offer, this neighborhood is a fantastic choice. Explore the possibilities today and discover why Van Nuys is the perfect place to call home!

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.