
Van Nuys, California 91401
This Duplex Residential Income property represents a High-Potential Investment Opportunity, listed at $938,000—positioned well above the $741,797 Fair Market Value by -26%. While priced above current market estimates, the property offers significant utility through its dual-unit configuration and location within the Chandler Elementary School district. Featuring a Condition Rating of 4, the asset requires cosmetic modernization to maximize rental yields. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5759 Hazeltine Subject | $938,000* List Price | 0 | 0 | 1,462 | $507 | - |
A 14334 Tiara Street Sold | $918,000 | 0 | 0 | 1,873 | $490 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1940 and shows signs of a renovation that is likely 20+ years old. While it features functional upgrades like central HVAC and recessed lighting, the kitchen is dated with 1990s-style oak cabinetry and tile countertops. It is move-in ready but requires cosmetic modernization and minor repairs to meet current market standards.
The property features two completely independent homes on one lot, each with its own private garage and fenced outdoor space, offering exceptional flexibility for rental income, owner-occupancy, or multigenerational living.
Assigned to the highly-regarded Chandler Elementary, a California Distinguished School, this location significantly enhances the property's long-term value and appeal to families.
Both residences are equipped with essential modern comforts, including central air conditioning, heating, and in-unit laundry facilities, which are premium features for properties of this vintage.
The rear unit is quite small at approximately 556 square feet, which may limit the tenant pool or comfort for residents seeking more spacious accommodations.
Built in 1940, the property may require ongoing maintenance or future capital expenditures to address aging structural or mechanical systems common in older construction.
TWO HOUSES ON A LOT (Duplex) A rare opportunity in the heart of Sherman Oaks, this thoughtfully configured multi-residential property offers two separate homes on one lot, each with its own garage and private outdoor space creating flexibility for owner-users, investors, or multigenerational living. According to the Los Angeles Unified School District Resident School Identifier, the property is assigned to the highly regarded Chandler Elementary School, a California Distinguished School. The front residence, 5759 N. Hazeltine Ave., offers approximately 906 square feet of living space with wood flooring and 2 bedrooms, a den or office, and 2 full bathrooms with tile floors. Its open-concept layout connects the kitchen, dining, and living areas, creating an inviting everyday living environment. The kitchen includes a stove, refrigerator, and dishwasher, while additional features include central air and heat, in-unit laundry, a large detached one-car garage, a private backyard, and a separately fenced side yard that may be ideal for pets. This front home presents an excellent opportunity for owner-occupancy or immediate market rent leasing. The rear residence, 14108 Hatteras St., offers approximately 556 square feet with 1 bedroom, a den or office, and a 3/4 bathroom. This home also includes central air and heat, inside laundry, a stove, refrigerator, detached garage space, and its own fenced backyard for added privacy. With two independent homes, separate outdoor areas, and desirable amenities in both units, this is a versatile property in one of the Valley’s most sought-after neighborhoods. Excellent access to pubic transportation, 101, 170 and 405 freeways to downtown LA and the Westside. Parks, shopping and Ventura Blvd restaurants and entertainment are all very acessible. The Newest Trader Joe’s in the valley is right down the street adjacent to Westfield Fashon Square mall. Seller, Broker and Agent does not represent or guarantee the accuracy of Listed information. Buyer is advised to independently verify all information, including but not limited to zoning, square footage, lot size, room count, school attendance, permits, and property condition through their own inspections and due diligence. All measurements are approximate or provided by third-party sources and are not guaranteed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,462 | 1,873 | 33% |
| Lot Size | 5,252 | 6,688 | 33% |
| Price | $938.0K | $938.0K | 50% |
| Price per sq ft | $642 | $490 | 67% |
| Built year | 1940 | 1952 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 194 | 33% |
May 16, 2026
$938,000
Initial Listing
Jul 17, 2002
$344,500
Public Record
Dec 27, 2001
$226,000
Public Record
Mar 31, 2000
$175,000
Public Record