
Van Nuys, California 91406
This High-Potential Investment Opportunity is listed at $1,443,900, positioned above the $1,373,323 Fair Market Value. Despite the premium, the property functions as a robust Multi-Family Asset with 8 bedrooms, 4 kitchens, and a permitted ADU, offering significant rental income potential. Featuring a Condition Rating of 3, the home includes modern upgrades like Copper Plumbing and Granite Counters. The secure, gated lot with ample parking is optimized for high-density living. This is an ideal acquisition for Buy-and-Hold Investors or Multi-Generational Families seeking a versatile, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15450 Archwood Subject | $1,443,900* List Price | 8 | 4 | 2,232 | $615 | - |
A 15337 Lemay Street Active | $1,550,000 List Price | 6 | 5 | 2,680 | $578 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1947, the property has undergone significant renovations within the 5-15 year range. Updates include copper plumbing, granite countertops, newer laminate flooring, and recessed lighting. The bathrooms show modern tiling and vanities, and the systems have been upgraded with three electric water heaters, making the home functional and move-in ready.
With 8 bedrooms, 4 kitchens, and a permitted ADU with its own separate address, this property is perfectly configured for a high-yield rental investment or multi-generational living.
The property features significant capital improvements including copper plumbing, three electric water heaters, and updated windows, reducing the immediate need for costly maintenance.
The perimeter is secured by an electric wrought iron and wood fence, and the fully cemented front yard and long driveway provide ample off-street parking for multiple tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 6.
Fitting 8 bedrooms and 4 kitchens into 2,232 square feet suggests very small individual room sizes and potentially cramped living conditions for the occupants.
The decision to cement the entire front yard for parking and low maintenance has eliminated traditional curb appeal and outdoor recreational space.
This unique property is perfect for the investor or for a large family with extended family living with them. Property is massive with a total of 2,232 square feet of living space generated from the main house, Permitted ADU with separate address, along with the bonus addition that was added to the main house. The property has been updated and has many of today's standards that buyer's are looking for- 3 Electric water heaters, Copper plumbing, windows and Granite counters. There are a total of 8 bedrooms, 4 kitchens, 4 bathrooms throughout the home square footage, with plenty of space to accommodate all guests or family members. The home feels secluded behind it's electric wrought iron/ wood fence along the front. The front yard has been completely cemented for parking and easy maintenance. There is a small planting area off to the side in the front yard. There is also a long driveway for the units in the back to have their own entrance. The ADU in the rear has it's own address 15452 Archwood St. This home is very close to many stores and public necessities, making it very easy to lease, producing income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,232 | 1,531 | 84% |
| Lot Size | 6,760 | 6,545.5 | 58% |
| Price | $1.44M | $887.5K | 94% |
| Price per sq ft | $647 | $600 | 61% |
| Built year | 1947 | 1950 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 137 | 2% |
May 29, 2026
$1,443,900
$1,499,000
-4% Price Drop
Initial Listing
May 14, 2026
$1,499,000
Initial Listing
Aug 26, 2016
$450,000
Public Record
May 10, 2013
$350,000
Public Record
Feb 22, 2013
$240,000
Public Record