6552 Aqueduct Avenue, Van Nuys, California 91406, Van Nuys, 91406 - 3 bed, 3 bath

6552 Aqueduct Avenue, Van Nuys, California 91406 home-pic-0
ACTIVE$935,000$1,964/sqft
Est. Value: $984,859
5%
BelowEstimate
6552 Aqueduct Avenue, Van Nuys, California 91406
3Beds
3Baths
1,964Sqft
7,142Lot

Price Vs. Estimate

The estimated value ($984,858.805) is $49,858.805 (5%) higher than the list price ($935,000). This property may be underpriced.

Key pros and cons

Top Pros:
Significant ADU Potential: The property offers multiple opportunities for Accessory Dwelling Unit (ADU) conversion with a separate bonus room and an oversized detached garage, enhancing income potential or multi-generational living.
Top Cons:
Freeway Proximity: Located directly across from a freeway easement, which likely results in significant noise pollution and potential air quality concerns.

Compared to the nearby listings

Price:$935.0K vs avg $879.0K (+$56,000)62%
Size:1,964 sqft vs avg 1,481 sqft81%
Price/sqft:$476 vs avg $61111%

More Insights

Built in 1948 (78 years old).
Condition: The property, built in 1948, has been well-maintained and features updates such as hardwood floors, recessed lighting, and a kitchen with granite counters and stainless steel appliances. However, the style of the kitchen cabinets (oak) and some lighting fixtures, along with the aesthetic of the bonus room (tile flooring, wood paneling), suggest that the most significant renovations occurred 15-25 years ago rather than more recently. While move-in ready, the home shows signs of being aged with functional but somewhat outdated components, aligning with the 'Fair' condition criteria. The listing itself points out the potential for 'older underlying systems (plumbing, electrical)' due to its age, which further supports this assessment.
Year Built
1948
Close
-
List price
$935K
Original List price
$935K
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
SR26008261
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood

About this home

MIDVALE ESTATES RE-LIST. Owners have aggressively priced this home and are ready to negotiate with your buyers—so many options in this adorable single-family home. Move right in and enjoy the unique features and possibilities this property provides. Some of the home's features include true hardwood floors, recessed lighting, wood accents and moldings, a kitchen complete with granite counters, stainless steel appliances, and a breakfast area. The original portion of the house has 3 bedrooms and 2 bathrooms, a quaint formal living room with a fireplace, and a separate dining room area. The main rooms are filled with natural sunlight provided by the skylights placed above. An additional bonus room with its own half bathroom, separate entry, fireplace, and gorgeous wood beams across the ceiling. Access the privacy of the backyard through the office at the main house or the sliding doors from the bonus room. Outside, you will be delighted with the built-in grill, covered patio, pool, and oversized detached garage. The house provides access to the bonus room through its own separate entrance along the side of the property, making this an ideal future possible ADU conversion. The long driveway with double door gates allows for direct access to the detached garage (also another great possibility for a future ADU), additional parking, and increased privacy. This property IS ACROSS THE STREET FROM THE FREEWAY EASEMENT; however, the location also brings the benefit of lots of additional parking for residents/tenants/visitors. This property is a great opportunity for first-time buyers, multi-generational buyers, or investors seeking to own a property that will allow growth into a multi-unit income-generating machine. Don't let this opportunity pass you by. Call me today and set an appointment to show. You will not be disappointed!

L
Lorena Diana
Listing Agent
Condition Rating
Fair

The property, built in 1948, has been well-maintained and features updates such as hardwood floors, recessed lighting, and a kitchen with granite counters and stainless steel appliances. However, the style of the kitchen cabinets (oak) and some lighting fixtures, along with the aesthetic of the bonus room (tile flooring, wood paneling), suggest that the most significant renovations occurred 15-25 years ago rather than more recently. While move-in ready, the home shows signs of being aged with functional but somewhat outdated components, aligning with the 'Fair' condition criteria. The listing itself points out the potential for 'older underlying systems (plumbing, electrical)' due to its age, which further supports this assessment.
Pros & Cons

Pros

Significant ADU Potential: The property offers multiple opportunities for Accessory Dwelling Unit (ADU) conversion with a separate bonus room and an oversized detached garage, enhancing income potential or multi-generational living.
Desirable Outdoor Living: Features a private backyard with a pool, built-in grill, and covered patio, ideal for entertaining and relaxation.
Updated Interior Finishes: Boasts true hardwood floors, recessed lighting, skylights for natural light, and an updated kitchen with granite counters and stainless steel appliances.
Flexible Living Spaces: Includes a versatile bonus room with a separate entrance and half bathroom, providing options for a home office, guest suite, or rental unit.
Ample & Secure Parking: A long driveway with double gates and direct access to the detached garage ensures abundant parking and increased privacy.

Cons

Freeway Proximity: Located directly across from a freeway easement, which likely results in significant noise pollution and potential air quality concerns.
Age of Property (1948): Despite updates, the 1948 construction year may indicate older underlying systems (plumbing, electrical) that could require future maintenance or upgrades.
Market Pricing & Negotiation: Described as 'aggressively priced' and a 'RE-LIST' with readiness to 'negotiate,' suggesting potential challenges in market valuation or previous buyer interest.
Browse Properties by State Browse housing market trends by state