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 boasts a unique blend of suburban charm and urban convenience. With its sunny skies and mild climate, residents enjoy an outdoor lifestyle complemented by parks, recreational facilities, and a variety of dining and shopping options.

One of the standout features of Van Nuys is its impressive selection of homes, including the sought-after quadruplex subtype. These multi-family residences offer an exceptional opportunity for both investors and homeowners alike. A quadruplex typically consists of four separate living units, providing the perfect balance of privacy and community. This type of property is ideal for those looking to generate rental income while residing in one unit or for families seeking a shared living arrangement with loved ones.

The quadruplex homes in Van Nuys are designed to cater to a range of lifestyles, featuring modern amenities, spacious layouts, and outdoor spaces that encourage relaxation and social gatherings. With the area's convenient access to major highways and public transportation, commuting to downtown Los Angeles or nearby attractions is a breeze.

Investing in a quadruplex in Van Nuys not only opens the door to a thriving rental market but also places you in a neighborhood rich in history and culture. From the iconic Van Nuys Airport to the nearby Sepulveda Basin Wildlife Reserve, there’s always something to explore. Discover the charm of Van Nuys and the potential of quadruplex living – where community meets opportunity!

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.