15031 15033 Hartland Street, Van Nuys, California 91405, Van Nuys, 91405 - 5 bed, 4 bath
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Van Nuys, California 91405
This Two-on-a-Lot Income Property is a Strong Value Opportunity listed at $1,197,000, representing a stable acquisition at its $1,197,000 Fair Market Value. Featuring a Condition Rating of 3, the estate includes a charming primary residence and a modern 2020 ADU outfitted with quartz countertops, stainless steel appliances, and a private patio. With five total bedrooms and separate utility meters, the property offers significant rental upside or seamless multi-generational living. Located near the 9/10 rated Kester Avenue Elementary, this turnkey compound is ideal for Owner-Occupants or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15031 15033 Hartland Street Subject | $1,197,000* List Price | 5 | 4 | 2,273 | $527 | - |
A 14715 Archwood Street Sold | $1,250,000 | 5 | 5 | 2,300 | $543 | 0.4 mi |
B 14940 Hartland Sold | $1,050,000 | 4 | 3 | 1,643 | $639 | 0.1 mi |
C 14658 Cohasset Sold | $955,000 | 4 | 2 | 1,639 | $583 | 0.9 mi |
D 14835 Kittridge Street Active | $1,199,000 List Price | 5 | 3 | 1,856 | $646 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a high-quality ADU built in 2020 with modern finishes, including white shaker cabinets, quartz countertops, and stainless steel appliances. While the primary residence dates to 1949, it appears well-maintained, and the overall property benefits from updated systems such as central HVAC, tankless water heaters, and modern laminate flooring.
Elementary School: Kester Avenue Elementary School (9/10).
This two-on-a-lot property features two distinct homes delivered vacant, providing an exceptional opportunity for immediate rental income generation or multi-generational living.
The secondary unit, built in 2020, offers a contemporary three-bedroom layout with high-end finishes, central HVAC, and energy-efficient tankless water heaters, requiring no immediate capital expenditure.
While gas and electricity are separately metered, the units share a single water meter, which can complicate utility billing and management between separate tenants.
The property is served by several neighborhood schools with lower performance ratings, which may impact long-term appreciation and appeal to families prioritizing education.
I'm back!! Due to buyer's financing and reduced drastically for a quick sale. Both homes will be delivered vacant at close of escrow. This charming two-on-a-lot income property is an ideal opportunity for both multi-generational living and generating rental income. Together, the two units provide a total of five bedrooms, four bathrooms, and around 2,273 square feet of living space. One home features two bedrooms, one bathroom, cozy living space. A charming fireplace creates a warm ambiance in the living area, which also includes a dedicated dining space and a separate kitchen. The attached two-car garage provides convenience and potential for additional use.The newer ADU, built in 2020, offers even more appeal with three bedrooms and two and a half bathrooms spread across . The spacious master suite, located on the first floor for easy accessibility, is a highlight. The modern open floor plan seamlessly connects the family room, kitchen, and dining areas. The kitchen boasts sleek white soft-close shaker cabinets, quartz countertops, and stainless steel appliances. Laminate flooring flows throughout, while the updated bathrooms feature quartz-topped vanities, tiled showers, and modern finishes.Additional features include central heating and air, indoor laundry hookups, and energy-efficient tankless water heaters. . Each unit has its own separate gas and electric meter, with a shared water meter. The property offers ample parking, including space for up to four additional vehicles beyond the two-car garage. Both units will be delivered vacant. Convenient alley access to the rear unit with a remote-controlled gate offers added privacy and ease. Don't miss out on this prime investment opportunity in today's thriving market! Walking distance to Valley Presbyterian Hospital, Shopping & Restaurants and more.
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 | 92% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 2,273 | 1,631 | 89% |
| Lot Size | 6,722 | 6,604.5 | 52% |
| Price | $1.20M | $857.5K | 91% |
| Price per sq ft | $527 | $529 | 50% |
| Built year | 1949 | 1954 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 301 | 172 | 95% |
Jan 23, 2026
$1,197,000
$1,295,000
-8% Price Drop
Initial Listing
Aug 3, 2025
$1,295,000
Initial Listing
Jun 25, 2025
$1,395,000
Initial Listing