6524 Petit Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 4 bed, 2 bath
6524 Petit Avenue
Van Nuys, California 91406
Property Price
SUMMARY
Analysis of 6524 Petit Avenue, Van Nuys, California 91406 reveals a property with a current list price of $1,200,000, which is 8% above the estimated $1,103,268 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6524 Petit Avenue Subject | $1,200,000* List Price | 4 | 2 | 2,130 | $518 | - |
A 6447 Forbes Avenue Sold | $870,000 | 3 | 2 | 1,425 | $611 | 0.2 mi |
B 16037 Hart Street Sold | $1,185,000 | 4 | 5 | 2,581 | $459 | 1.0 mi |
C 17439 Haynes Street Sold | $980,000 | 3 | 2 | 1,963 | $499 | 1.0 mi |
D 6402 Graves Avenue Active | $1,099,000 List Price | 5 | 4 | 2,096 | $524 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this property shows signs of being well-maintained but has not undergone significant modern renovations. The kitchen features dated white cabinets and fluorescent panel lighting, while the bathroom has an older vanity, tile, and light fixtures, suggesting updates from 20-30 years ago. The lack of an explicit cooling system is also a concern. While functional, the home requires substantial cosmetic updates to meet current aesthetic and comfort standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Kester Avenue Elementary School (9/10).
- Exceptional Outdoor Living
The property boasts a beautifully landscaped, spacious backyard featuring numerous palm trees, a flourishing rose garden, and fruit-bearing peach and lemon trees, ideal for relaxation and entertaining.
- Prime Recreational Location
Situated just two blocks from scenic Lake Balboa, residents have convenient access to jogging trails, sports facilities, and a golf course less than a mile away, promoting an active lifestyle.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Updates
Built in 1964, the property's age suggests that major systems (plumbing, electrical, HVAC) and interior finishes may require significant updates or renovations to meet modern standards and preferences.
- Lack of Explicit Cooling System
The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback and comfort concern during warmer months in Southern California.
- Absence of Views
The property is noted as having 'None' for views, which might be a consideration for buyers prioritizing scenic outlooks or panoramic vistas.
About 6524 Petit Avenue
Welcome to your secluded slice of paradise in the heart of Van Nuys! This beautifully landscaped 4-bedroom, 2-bathroom home sits on a private street with speed bumps. The spacious backyard is perfect for barbecues, family gatherings, or simply relaxing among nature, featuring over half a dozen palm trees, a flourishing rose garden, and fruit-bearing peach and lemon trees. The master bedroom has its own private entrance and can easily be used as a detached guest suite with three walls already in place—great for multigenerational living or extra income potential. Enjoy living just two blocks from scenic Lake Balboa, with access to jogging trails, sports facilities, and a golf course less than a mile away. This home offers the perfect blend of outdoor adventure and indoor luxury—ideal for families, entertainers, or anyone seeking tranquility in a vibrant neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 8,433 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Van Nuys Unified Schools
Gault Street Elementary School
Grades K-5 • 0.8 mi
Gault Street Elementary School
Grades K-5 • 0.8 mi
Lemay Street Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,130 | 1,509 | 83% |
| Lot Size | 8,433 | 6,550 | 85% |
| Price | $1.20M | $875.0K | 89% |
| Price per sq ft | $563 | $608 | 38% |
| Built year | 1964 | 1950 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 164 | 67% |
Pricing History
Listed for Sale
Aug 15, 2025
$1,200,000
Initial Listing