6118 Ethel, Van Nuys, California 91401, Van Nuys, 91401 - bed, bath
6118 Ethel
Van Nuys, California 91401
Property Price
SUMMARY
Analysis of 6118 Ethel, Van Nuys, California 91401 is currently available with a list price of $2,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the original 1940 build year, the property has undergone a complete and extensive recent renovation, as described and clearly depicted in the images. The main house is 'completely remodeled' and the ADUs are 'newer constructions.' The kitchens feature modern gray shaker cabinets, white quartz countertops, and new stainless steel appliances. Throughout the visible areas, there are high ceilings, recessed lighting, and modern laminate flooring. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Triplex
This property features three distinct homes on a large lot, functioning as a triplex, offering significant potential for rental income or multi-generational living solutions.
- Delivered Fully Rented with High-Quality Tenants
The property is delivered fully rented with 'ultra-high rent' and 'great tenants,' providing immediate, stable cash flow and eliminating the leasing-up process for the buyer.
- Extensive Remodeling & Newer Construction ADUs
The main house is completely remodeled, and the two ADUs are described as 'newer constructions,' featuring modern amenities like high ceilings, recessed lighting, laminate flooring, and in-unit laundry facilities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14718, other record lot size in square feet = 17053. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3672, other record living area = 1272.
- Age of Original Structure
While extensively remodeled, the main house was originally built in 1940, which could imply potential underlying issues with original components (e.g., plumbing, electrical, foundation) not fully addressed by cosmetic updates.
- High Investment Threshold
The $2.5 million list price represents a substantial investment, which, despite the income potential, may limit the pool of prospective buyers to those with significant capital or financing capabilities.
About 6118 Ethel
Rarely available property featuring Three homes on a Large Lot. Perfect for extended family, rental income, or future possibilities. An exceptional opportunity. This stunning TRIPLEX nestled in the best area of Valley Glen. Each unit offers its own charm, featuring the spacious open floor plan seamlessly connects the living and dining area, making it easy to host family gatherings. high ceilings, reassessed lighting, laminate floorings, ln unit laundry facilities. The 4 bedrooms 2 bathrooms completely remodeled main house and 2 ADU'S is one of the few newer constructions properties that will be delivered fully rented!! Avoid the stress of buying an income property and leasing up all the units yourself...Instead, inherit a smoothly running ultra-high rent property with great tenants! 6118 Ethel Ave. is made up 4 bedrooms 2 bathrooms features unbeatable floorplan with large, tenant friendly kitchen and living room but not limited to quality modern cabinets, Islands, high ceilings. 2 ADU'S (Accessory Dwelling Unit) offers 3 bedrooms 3 bathrooms within 1200 sqft. With its own private entrance and private gated backyard, all bedrooms have its own full bath, providing unapparelled flexibility for savvy investor seeking rental income or multi-generational living solution. Don't miss out on this exceptional opportunity to acquire investment property with endless potential. Schedule your showing today and unlock the full value of this remarkable asset.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1940
- Lot Size
- 14,718 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,672 | 1,748.5 | 75% |
| Lot Size | 14,718 | 6,191 | 75% |
| Price | $2.50M | $906.5K | 75% |
| Price per sq ft | $681 | $585 | 75% |
| Built year | 1940 | 1946 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 228 | 25% |
Pricing History
Listed for Sale
Feb 1, 2026
$2,500,000
Initial Listing
Sold
Sep 25, 2020
$875,000
Public Record