
Van Nuys, California 91406
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $1,349,000—positioned slightly above the $1,331,278 Fair Market Value. Featuring a 3-unit configuration with a main residence, JADU, and detached ADU, this asset offers significant versatility for rental income or multi-generational living. With a Condition Rating of 3, the property includes modern updates and separate electrical meters. While school ratings vary, the 3,100 sqft of living space and rear alley access provide rare utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16938 Hartland Street Subject | $1,349,000* List Price | 6 | 5 | 3,100 | $429 | - |
A 17064 Cantlay Sold | $1,275,000 | 4 | 3 | 2,832 | $450 | 0.5 mi |
B 17443 Valerio Street Sold | $1,250,000 | 5 | 4 | 2,533 | $493 | 1.0 mi |
C 7129 Forbes Avenue Active | $1,190,000 List Price | 4 | 3 | 2,525 | $471 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1949, the property has undergone significant recent improvements including the addition of a JADU and a detached ADU. Interior photos show modern laminate flooring, recessed lighting, and updated bathrooms consistent with a renovation within the last 5-10 years. Systems appear updated with separate electrical meters for the units. It is move-in ready, though the exterior landscaping and original structure age prevent an 'Excellent' rating.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a unique three-unit configuration including a main residence, an attached JADU, and a detached ADU, all with private entrances and separate electrical meters, making it an ideal setup for rental income or multi-generational living.
With a combined 3,100 square feet of living space and a total of 6 bedrooms and 5 bathrooms, this property offers a rare scale and level of utility that is seldom found in the local Van Nuys market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3100, other record living area = 2112. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The property is served by several schools with lower performance ratings, such as Van Nuys Middle School (rated 2/10), which may be a concern for families prioritizing high-performing educational districts.
Accommodating three separate living units on a 6,602 square foot lot significantly limits the amount of traditional backyard or open green space available for recreation.
A rare and exceptional opportunity in the heart of Van Nuys, this beautifully improved property offers approximately 3,100 square feet of combined living space across a spacious main residence, an attached JADU, and a detached ADU. Thoughtfully designed to provide privacy, functionality, and flexibility, the property features a 3-bedroom, 2-bathroom main residence of approximately 1,800 square feet, an attached 1-bedroom, 1-bathroom JADU of approximately 500 square feet, and a detached 2-bedroom, 2-bathroom ADU of approximately 800 square feet. Each living space enjoys its own private entrance, while both the JADU and ADU benefit from separate electrical meters. The main residence offers comfortable and inviting living areas complemented by a bonus room, while the additional units provide well-designed accommodations that enhance the property's versatility and long-term appeal. Situated on a generously sized lot with convenient rear alley access, this unique property is ideally located near shopping, dining, parks, schools, and major transportation corridors. Combining multiple living spaces, desirable amenities, and a prime Van Nuys location, this is a truly special opportunity that is seldom available.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,100 | 1,521 |
| Lot Size | 6,602 | 6,602 |
| Price | $1.35M | $922.2K |
| Price per sq ft | $435 | $593 |
| Built year | 1949 | 1953 |
| HOA | $0 | $0 |
| Days on market | 41 | 54 |
Jun 11, 2026
$1,349,000
Initial Listing
Feb 25, 2019
$689,000
Public Record
Aug 17, 2004
$450,000
Public Record