
Van Nuys, California 91406
This Modernized Multi-Unit Property is a Prime Investment Opportunity, listed at $1,150,000—positioned well below the $1,198,563 Fair Market Value by 4%. This valuation gap offers $48,563 in Instant Equity. The property features a renovated main home and a detached 1-bedroom ADU, achieving a Top-Tier Condition Rating with a modern quartz kitchen and above-ground pool. Located near the prestigious Kester Avenue Elementary (9/10), it perfectly balances income potential with lifestyle. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17527 Haynes Street Subject | $1,150,000* List Price | 4 | 3 | 2,200 | $545 | - |
A 6563 Bianca Sold | $989,000 | 3 | 2 | 1,753 | $564 | 0.1 mi |
B 6938 Balboa Boulevard Sold | $880,000 | 3 | 2 | 1,542 | $571 | 1.0 mi |
C 6714 Jellico Active | $1,049,000 List Price | 4 | 3 | 1,677 | $626 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone an extensive recent renovation within the last few years. The interior features a fully modernized kitchen with white shaker cabinetry, quartz countertops, a contemporary mosaic backsplash, and stainless steel appliances. The home also boasts updated bathrooms with modern tiling, new wide-plank laminate flooring, recessed lighting, and fresh paint throughout. The addition of a detached ADU further enhances the property's value and overall condition.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a detached 1-bedroom ADU with its own address, private entrance, and yard, offering significant rental income potential or a versatile multi-generational living arrangement.
The main residence has been updated with modern upgrades throughout, providing a move-in-ready experience that appeals to contemporary buyer preferences.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1820. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The immediate neighborhood elementary and middle schools have lower performance ratings, which may be a drawback for families prioritizing top-tier educational facilities.
The presence of an above-ground pool rather than a permanent in-ground installation may be viewed as less desirable for buyers seeking long-term property value and aesthetic appeal.
Prime Encino-adjacent opportunity with built-in income potential. Situated on a large lot, this updated -3 bedroom, 2-bath home offers spacious bedrooms and modern upgrades throughout. The oversized backyard creates valuable outdoor living space with room to entertain, expand, or enhance, and features an above-ground pool perfect for relaxing, entertaining, and enjoying Southern California outdoor living. The detached 1-bedroom ADU is a major asset complete with separate address, private entrance, and its own yard. Perfect for rental income, extended family, or a private work-from-home space. Live in one and rent the other, or maximize both. A versatile property in a high-demand location close to parks, dining, shopping, and commuter routes.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,200 | 1,508 | 82% |
| Lot Size | 6,661 | 6,641 | 52% |
| Price | $1.15M | $885.0K | 82% |
| Price per sq ft | $523 | $607 | 23% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 160 | 3% |
Mar 12, 2026
$1,150,000
Initial Listing
Sep 17, 2018
$490,000
Public Record