
Van Nuys, California 91406
This Meticulously Renovated Dual-Living Residence is listed at $1,040,000, aligning perfectly with its $1,041,602 Fair Market Value. Boasting a Top-Tier Condition Rating, the property features a designer quartz kitchen and a brand-new, permitted 400-square-foot Junior ADU providing immediate rental income or guest housing. Set on an expansive 7,250 square foot lot near the top-rated Kester Avenue Elementary (9/10), this home offers rare lifestyle flexibility and future expansion potential. It is an ideal match for Owner-Occupants or multi-generational families seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6714 Jellico Subject | $1,039,000* List Price | 4 | 3 | 1,677 | $617 | - |
A 6563 Bianca Sold | $989,000 | 3 | 2 | 1,753 | $564 | 0.2 mi |
B 17460 Cohasset Street Sold | $1,130,000 | 3 | 3 | 1,796 | $629 | 1.0 mi |
C 17600 Runnymede Street Sold | $1,157,000 | 3 | 2 | 1,623 | $713 | 0.9 mi |
D 6914 Andasol Sold | $1,025,000 | 4 | 2 | 1,701 | $603 | 0.4 mi |
E 17007 Bassett Street Active | $1,125,000 List Price | 4 | 2 | 1,721 | $654 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last year, featuring a brand-new kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms with modern tiling and fixtures, and new luxury laminate flooring throughout. Major systems including the roof, HVAC, and tankless water heater have been upgraded, and the property includes a newly constructed, fully permitted Junior ADU, meeting the highest standards for recent extensive renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7250, living area = 1677.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a brand-new, fully permitted 400-square-foot Junior ADU with a private entrance, full kitchen, and dedicated laundry, offering significant rental income potential or multigenerational living flexibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1677, other record living area = 1277. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-07-30. The sold price is $550,000.00.
The property has been on the market for 49 days and has undergone two price reductions, suggesting that the initial list price was high relative to current buyer demand in the Lake Balboa area.
Beautifully & Meticulously RENOVATED single-level home nestled on a quiet, tree-lined cul-de-sac in one of Lake Balboa’s most desirable neighborhoods. This fully renovated 3-bedroom, 2-bath residence offers 1,277 square feet of light-filled living space on an expansive 7,000+ square foot lot. Nearly everything has been upgraded, including brand-new windows and doors, new paint, new drywall, recessed LED lighting, waterproof laminate luxury wood flooring, a newer roof, upgraded HVAC system, and a tankless water heater. The open floor plan creates seamless flow for both everyday living and entertaining. The modern NEW kitchen features brand new stainless steel appliances, quartz countertops, new cabinets, new sink and sleek finishes that feel clean, current, and functional. The primary suite offers a beautifully remodeled bathroom, creating a comfortable and private retreat. Huge Laundry Room Leads to Backyard. What truly elevates this property, however, is the brand-new, fully permitted 400-square-foot 1-bedroom, 1-bath Junior ADU — a major value-add that dramatically increases flexibility and long-term return. Newly constructed, thoughtfully designed, and fully finaled. Complete with its own full kitchen, stainless steel appliances, dedicated laundry, and a fully separate private entrance, it functions as a true independent living space. The value of this new ADU cannot be overstated. Whether used for steady rental income, multigenerational living, guest quarters, or a private office, it provides immediate financial and lifestyle flexibility. With rental demand in Lake Balboa remaining strong, the ADU offers meaningful mortgage offset potential and enhances resale appeal for years to come. Beyond that, the HUGE expansive parklike setting in the backyard, ideal for entertaining, offers rare space and layout to accommodate a third ADU in the future — further amplifying investment upside. This location also provides abundant secure off-street parking! Conveniently located near Lake Balboa Park, Woodley Lakes Golf Course, the Sepulveda Basin, the Encino Farmers Market, and the Metro Orange Line, with easy access to the 101 and 405 freeways, the home combines tranquility with connectivity. This amazing property delivers modern upgrades, a brand-new income-producing ADU, and room for future expansion — a rare and powerful combination in today’s market.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,677 | 1,508 | 62% |
| Lot Size | 7,250 | 6,641 | 64% |
| Price | $1.04M | $885.0K | 75% |
| Price per sq ft | $620 | $608 | 54% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 160 | 7% |
Apr 18, 2026
$1,039,000
$1,040,000
+0% Price Increase
Initial Listing
Apr 9, 2026
$1,040,000
$1,049,000
-1% Price Drop
Initial Listing
Mar 23, 2026
$1,049,000
$1,077,000
-3% Price Drop
Initial Listing
Feb 24, 2026
$1,077,000
Initial Listing
Jul 30, 2025
$550,000
Public Record