16038 Hartland, Van Nuys, California 91406, Van Nuys, 91406 - bed, bath
ACTIVE UNDER CONTRACT$1,190,000
16038 Hartland, Van Nuys, California 91406
0Bed
0Bath
2,462Sqft
8,267Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Versatile Income Potential: Features a fully equipped ADU, ideal for multi-generational living, rental income, or flexible extra space, significantly boosting property utility and value.
Top Cons:
Recent Price Reduction: A notable price drop from $1.345M to $1.19M could indicate initial overpricing or market resistance, potentially raising questions about its current valuation.
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: This property, built in 1990, presents a mixed but generally good condition. The Accessory Dwelling Unit (ADU) is a standout, featuring modern white shaker cabinets, stainless steel appliances, contemporary countertops, LVP flooring, recessed lighting, and a fully updated bathroom with subway tile and a modern vanity. This ADU appears to have been extensively renovated recently, meeting high standards. The main house, while older in style for its kitchen and bathroom, is still functional and well-maintained. The main house kitchen has painted dark cabinets, older appliances (except for a newer stainless steel fridge), and tile flooring, while the bathroom features dated tile and vanity. However, the main house benefits from updated LVP flooring, neutral paint, and recessed lighting in living areas and bedrooms. Both units appear move-in ready with no immediate renovation required, and major systems seem functional. The overall condition is elevated by the high quality of the ADU, balancing out the dated elements in the main house.
Year Built
1990
Close
-
List price
$1.19M
Original List price
$1.34M
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
SR25258714
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
This property, built in 1990, presents a mixed but generally good condition. The Accessory Dwelling Unit (ADU) is a standout, featuring modern white shaker cabinets, stainless steel appliances, contemporary countertops, LVP flooring, recessed lighting, and a fully updated bathroom with subway tile and a modern vanity. This ADU appears to have been extensively renovated recently, meeting high standards. The main house, while older in style for its kitchen and bathroom, is still functional and well-maintained. The main house kitchen has painted dark cabinets, older appliances (except for a newer stainless steel fridge), and tile flooring, while the bathroom features dated tile and vanity. However, the main house benefits from updated LVP flooring, neutral paint, and recessed lighting in living areas and bedrooms. Both units appear move-in ready with no immediate renovation required, and major systems seem functional. The overall condition is elevated by the high quality of the ADU, balancing out the dated elements in the main house.
Pros & Cons
Pros
Versatile Income Potential: Features a fully equipped ADU, ideal for multi-generational living, rental income, or flexible extra space, significantly boosting property utility and value.
Enhanced Privacy & Security: The property is securely gated, with an additional gate separating the two units, ensuring maximum privacy and independence for occupants.
Dedicated Outdoor Spaces: Both the main home and ADU benefit from their own private yards, offering exclusive areas for relaxation, gardening, and outdoor entertainment.
Natural & Aesthetic Appeal: An abundance of fruit trees throughout the property provides a picturesque setting, natural beauty, and the benefit of fresh produce.
Independent Living Convenience: Each unit is equipped with separate laundry facilities, adding a layer of convenience and autonomy for residents.
Cons
Recent Price Reduction: A notable price drop from $1.345M to $1.19M could indicate initial overpricing or market resistance, potentially raising questions about its current valuation.
Potential for Dated Interiors: As a 1990 build, and without specific mention of recent interior renovations for the main home, some aspects of the property's design or finishes may be considered dated by modern buyers.
Location Perception: While Van Nuys offers accessibility, its general perception might not align with buyers seeking more upscale or highly sought-after Los Angeles neighborhoods, potentially affecting market demand.