6331 Columbus Avenue, Van Nuys, California 91411, Van Nuys, 91411 - 3 bed, 1 bath

6331 Columbus Avenue, Van Nuys, California 91411 home-pic-0
ACTIVE$699,900$1,276/sqft
Est. Value: $646,859
-7%
AboveEstimate
6331 Columbus Avenue, Van Nuys, California 91411
3Beds
1Bath
1,276Sqft
6,007Lot

Price Vs. Estimate

The estimated value ($646,858.555) is $53,041.445 (7%) lower than the list price ($699,900). This property may be overpriced.

Key pros and cons

Top Pros:
Significant ADU Potential: The detached garage with real alley access on a 6,005 sq ft lot offers excellent potential for an Accessory Dwelling Unit (ADU), providing significant upside and flexibility for future expansion.
Top Cons:
Extensive Deferred Maintenance: The property requires significant work and has extensive deferred maintenance throughout, necessitating immediate and substantial investment for repairs and upgrades.

Compared to the nearby listings

Price:$699.9K vs avg $1.10M ($-395,350)5%
Size:1,276 sqft vs avg 1,432.5 sqft33%
Price/sqft:$549 vs avg $74513%

More Insights

Built in 1947 (79 years old).
Condition: Built in 1947, this property explicitly states it has 'deferred maintenance throughout' and 'requires work,' making it an ideal candidate for renovation. The images confirm this, showing a very dated kitchen with old cabinets, worn laminate countertops, and old tile flooring. The interior walls are scuffed and dirty, and the flooring shows significant wear. The exterior also exhibits neglect with peeling paint and overgrown areas. The presence of a wall-mounted heater indicates an older, less efficient heating system. Overall, the property requires substantial repairs and rehabilitation, aligning with a 'poor' condition score.
Year Built
1947
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
SR26009097
Home ConditionPoor
Features
Patio
View-

About this home

Great Opportunity with ADU potential with significant upside. This 3 bedroom 1 bath with 1,276 sq ft of living space property is located in a desirable pocket of Van Nuys, adjacent to Sherman Oaks. One of the standout features of this property is the detached garage with real alley access on a 6,005 sq ft lot offering excellent potential for an ADU, additional living space, or future expansion (buyer to verify). The lot layout and access provide flexibility that is increasingly rare and highly sought after in today's market. Conveniently located with easy FWY access, shopping, dining and everyday amenities. Whether your vision is to restore or redevelop, this property offers the foundation to create long-term value in a centrally located neighborhood with strong demand. This home has been tenant occupied for many years and requires work, with deferred maintenance throughout making it an ideal candidate for renovation, customization or value-add improvements.

P
Patricia Luppi
Listing Agent
Condition Rating
Poor

Built in 1947, this property explicitly states it has 'deferred maintenance throughout' and 'requires work,' making it an ideal candidate for renovation. The images confirm this, showing a very dated kitchen with old cabinets, worn laminate countertops, and old tile flooring. The interior walls are scuffed and dirty, and the flooring shows significant wear. The exterior also exhibits neglect with peeling paint and overgrown areas. The presence of a wall-mounted heater indicates an older, less efficient heating system. Overall, the property requires substantial repairs and rehabilitation, aligning with a 'poor' condition score.
Pros & Cons

Pros

Significant ADU Potential: The detached garage with real alley access on a 6,005 sq ft lot offers excellent potential for an Accessory Dwelling Unit (ADU), providing significant upside and flexibility for future expansion.
Desirable & Central Location: Situated in a desirable pocket of Van Nuys, adjacent to Sherman Oaks, this location benefits from strong demand and offers a solid foundation for long-term value appreciation.
Convenient Access to Amenities: The property boasts easy freeway access and close proximity to shopping, dining, and everyday amenities, enhancing daily living convenience for residents.
Value-Add Investment Opportunity: This home is an ideal candidate for renovation, customization, or redevelopment, presenting a prime opportunity for buyers to create long-term value and personalize the space to their vision.
Generous Lot Size with Alley Access: The 6,005 sq ft lot with real alley access provides rare flexibility for various uses, including potential expansion, enhanced landscaping, or dedicated ADU development.

Cons

Extensive Deferred Maintenance: The property requires significant work and has extensive deferred maintenance throughout, necessitating immediate and substantial investment for repairs and upgrades.
Requires Full Renovation: Not move-in ready, the home needs a complete renovation and customization, which will incur substantial time, effort, and cost for the new owner.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property falls short of modern living standards and will likely require the addition of an extra bathroom during renovation to meet contemporary demands.
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