91406 Homes with Quadruplex Subtype

91406 Homes with Quadruplex Subtype

If you're looking for a vibrant area in California, Van Nuys in zip code 91406 might just be the place for you. Located in Los Angeles County, this bustling city offers a variety of housing options, including homes with the unique Quadruplex subtype.

With its convenient location in the heart of the San Fernando Valley, Van Nuys provides residents with easy access to major freeways, making commuting a breeze. The zip code 91406 encompasses a diverse range of neighborhoods, each with its own distinct charm and character.

Homes with the Quadruplex subtype are highly sought after in this area. A Quadruplex is a type of property that consists of four separate living units within the same building. This makes it an excellent investment opportunity for those looking to generate rental income or for multi-generational families who want to live close to each other.

These properties often offer a mix of one or two-bedroom units, providing flexibility for various living arrangements. Whether you're a first-time investor or a seasoned real estate professional, owning a Quadruplex in Van Nuys can be a lucrative venture.

With its vibrant community, convenient location, and unique housing options, zip code 91406 in Van Nuys, CA, offers an exciting opportunity for those looking to settle down or invest in real estate. Explore the possibilities and find your perfect home in this thriving neighborhood.

Newest 91406 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.