16038 Hartland Street, Van Nuys, California 91406, Van Nuys, 91406 - 5 bed, 3 bath

16038 Hartland Street, Van Nuys, California 91406 home-pic-0
ACTIVE UNDER CONTRACT$1,190,000
16038 Hartland Street, Van Nuys, California 91406
5Beds
3Baths
2,462Sqft
8,267Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating ADU: The property features a fully equipped Accessory Dwelling Unit (ADU) with its own private yard and laundry, offering significant potential for rental income or multi-generational living.
Top Cons:
Active Under Contract Status: The property is currently 'Active Under Contract,' which limits immediate opportunities for new prospective buyers to make offers.

Compared to the nearby listings

Price:$1.19M vs avg $1.10M (+$90,000)67%
Size:2,462 sqft vs avg 2,320 sqft67%
Price/sqft:$483 vs avg $48350%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, the property features a main house and a recently updated Accessory Dwelling Unit (ADU). The main house is well-maintained with newer laminate flooring and fresh paint in living areas and bedrooms, but its kitchen and bathroom show dated styles with older appliances and tile work. The ADU, however, boasts a modern, fully renovated kitchen with stainless steel appliances and shaker cabinets, and a contemporary bathroom with updated fixtures and tiling. The overall property is move-in ready, with the ADU's excellent condition significantly elevating the property's appeal and functionality, aligning with the 'Good' rating criteria for a property that is move-in ready with some updated components and well-maintained systems.
Year Built
1990
Close
-
List price
$1.19M
Original List price
$1.34M
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
SR25258673
Home ConditionGood
Features
Patio
View-

About this home

Charming Property with ADU, Private Yards, and Fruit Trees This unique property offers a rare combination of privacy, space, and functionality, featuring a main home and a fully equipped Accessory Dwelling Unit (ADU), each with its own private yard perfect for relaxation, gardening, or outdoor entertainment. The property is securely gated, with an additional gate separating the two units for maximum privacy and independence. Both homes include separate laundry facilities for added convenience. Throughout the property, you’ll find an abundance of fruit trees, offering a picturesque and bountiful setting. Whether you're looking for a multi-generational living situation, an income-generating rental, or simply extra space, this property has it all. Don’t miss the chance to experience the perfect blend of comfort, privacy, and natural beauty. Potential to build out a JDU.

Price History

Date
Event
Price
05/08/98
Sold
$185,000
08/02/21
Sold
$851,000
Condition Rating
Good

Built in 1990, the property features a main house and a recently updated Accessory Dwelling Unit (ADU). The main house is well-maintained with newer laminate flooring and fresh paint in living areas and bedrooms, but its kitchen and bathroom show dated styles with older appliances and tile work. The ADU, however, boasts a modern, fully renovated kitchen with stainless steel appliances and shaker cabinets, and a contemporary bathroom with updated fixtures and tiling. The overall property is move-in ready, with the ADU's excellent condition significantly elevating the property's appeal and functionality, aligning with the 'Good' rating criteria for a property that is move-in ready with some updated components and well-maintained systems.
Pros & Cons

Pros

Income-Generating ADU: The property features a fully equipped Accessory Dwelling Unit (ADU) with its own private yard and laundry, offering significant potential for rental income or multi-generational living.
Enhanced Privacy and Security: The property is securely gated, with an additional gate separating the main home and ADU, ensuring maximum privacy and independence for both units.
Abundant Outdoor Amenities: Each unit boasts its own private yard, perfect for relaxation and entertainment, complemented by an abundance of fruit trees throughout the property.
Multi-Generational Living Suitability: Designed for flexibility, the separate units with individual amenities and private spaces make it ideal for families seeking multi-generational living arrangements.
Future Development Potential: The property offers potential to build out a Junior Accessory Dwelling Unit (JDU), providing an opportunity to further increase its value and utility.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' which limits immediate opportunities for new prospective buyers to make offers.
Lack of Scenic Views: The property description explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks.
Potential for Dated Interiors: Built in 1990, the main home may require updates to its interior finishes and systems to meet modern aesthetic preferences and efficiency standards.

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