
Van Nuys, California 91405
This Two-Home Compound represents a Strong Value Opportunity, listed at $1,299,000—positioned well above the $1,200,254 Fair Market Value. While the price reflects a premium, the property offers significant utility through its 2020 Contemporary ADU and 1949 California Traditional Ranch. With a Condition Rating of 3, the asset provides immediate rental income potential or flexible multi-generational living. Featuring a Walk Score of 71 and proximity to Van Nuys Senior High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating residential compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15031 Hartland Street Subject | $1,298,000* List Price | 5 | 4 | 2,273 | $539 | - |
A 6636 Tobias Avenue Sold | $972,000 | 4 | 2 | 1,638 | $593 | 0.6 mi |
B 7040 Tyrone Avenue Sold | $1,445,000 | 6 | 5 | 2,892 | $500 | 1.0 mi |
C 14552 Runnymede Street Sold | $940,000 | 3 | 2 | 2,044 | $460 | 0.9 mi |
D 14644 Vose Street Sold | $1,125,000 | 3 | 2 | 1,807 | $623 | 0.5 mi |
E 14939 Archwood Active Under Contract | $1,250,000 List Price | 3 | 3 | 2,171 | $576 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a two-home compound featuring a large ADU completed in 2020 with excellent modern finishes (quartz, stainless steel) and new systems (central HVAC, tankless water heaters). While the 1949 front house has a dated kitchen and older appliances, the overall property is well-maintained, functional, and move-in ready.
Elementary School: Kester Avenue Elementary School (9/10).
This rare two-home compound features separate gas and electric meters with independent entrances, offering exceptional potential for high-yield rental income or flexible multi-generational living.
The 1,382-square-foot ADU, completed in 2020, provides a contemporary three-bedroom residence featuring high-end quartz finishes, stainless steel appliances, and energy-efficient tankless water heaters.
The significant contrast between the original 1949 front cottage and the modern 2020 rear residence may necessitate additional capital improvement to bring the older unit up to the same aesthetic standard.
While centrally located, several of the immediate neighborhood public schools have lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.
Nestled along a serene, tree-lined street within one of Van Nuys / Sherman Oaks's most established residential corridors, this rare single family home with newly built ADU compound rests on a generous 6,722-square-foot lot and offering 2,273 square feet of living space giving something increasingly elusive in today's Los Angeles market: meaningful land, genuine flexibility, and uncommon optionality. Welcome to 15031 & 15033 Hartland Street, thoughtfully designed with each home stands fully independent with its own dedicated entrance, separate gas and electric meters, private yard, and ample parking affording maximum comfort, complete privacy, and effortless versatility regardless of the arrangement chosen. Imagine moving parents into the gracious, single-story front residence wholly stair-free and effortlessly accessible while you and your family settle into the spacious three-bedroom, three-bath Accessory Dwelling Unit behind. Live quietly in the charming front home with its warm fireplace and dedicated dining room while the contemporary ADU generates rental income of $3250 and $4200, respectively, that nearly covers the mortgage or reverse the configuration entirely. The original 1949 residence reflects the post-war California Traditional Ranch typology that defined Hartland Street's earliest generation with the front home offering 891 sq ft with two (2) bedrooms, one (1) bath, and an attached two-car garage. A spacious living room with charming gas fireplace opens to a dedicated dining area and separate kitchen, preserving the gracious indoor-outdoor flow that distinguished Valley single-story architecture of the era. Behind the main home stands the property's defining feature of a 1,382-square-foot contemporary ADU completed in 2020. This two-story residence opens to a first-floor primary suite for easy accessibility, joined by two (2) additional spacious bedrooms and three (3) bathrooms across an open floor plan that flows seamlessly through the family room, kitchen, and dining areas. The kitchen is finished with white soft-close shaker cabinets, quartz countertops, and full stainless steel appliances. Wide-plank laminate flooring runs throughout, and bathrooms feature quartz vanities and tiled showers. Central heat and air, indoor laundry hookups with stackable washer and dryer, and tankless water heaters complete a residence. Alley access to the rear ADU unit is secured by a remote-controlled gate, and parking accommodates up to two (2) additional vehicles beyond the two-car attached garage to the front house. Hartland Street has long been one of the SFV's quietly held secrets centrally located, established, and increasingly favored by multi-generational families, entertainment-industry professionals, and those drawn to the rhythm of village-style neighborhoods within the larger city. With a Walk Score of 71, the property places its residents within minutes of Jons Market, Starbucks, CVS, Chase, and several local boutiques without ever crossing a major street. Victory Caff sits just a brief stroll away. Mariscos Corona, Dan's Kitchen, Kinnara, Mr. Pizza, and Bocha for craft ice cream are all within a short stroll. Lake Balboa Park offers a lakeside loop for strolling, biking, and running, while VNSO Park hosts family-friendly community events throughout the year. Ten minutes south reaches the full Sherman Oaks and Studio City corridor, where The Shops at Sportsmen's Lodge anchors the Erewhon, Equinox and Reformation set, and Augustine Wine Bar and Buvette quietly define the evenings along Ventura Blvd. MacLeod Ale, the celebrated local brewery known for British-style beers, artisanal pizza, and live local bands, has been a weekly Date Night tradition for the current owners. Warner Bros, Disney, Universal, and NBCU are all an easy commutes, and construction is underway to expand regional transit linking the Westside and Pasadena directly to Van Nuys.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,273 | 1,644.5 | 87% |
| Lot Size | 6,722 | 6,623.5 | 52% |
| Price | $1.30M | $880.0K | 93% |
| Price per sq ft | $571 | $540 | 57% |
| Built year | 1949 | 1954 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 146 | 2% |
Jun 11, 2026
$1,298,000
$1,299,000
+0% Price Increase
Initial Listing
May 22, 2026
$1,299,000
Initial Listing
Apr 16, 2020
$870,000
Public Record
Jan 7, 2019
$457,000
Public Record
Apr 26, 2004
$250,000
Public Record
Apr 24, 1998
$115,000
Public Record