6718 Katherine Avenue, Van Nuys, California 91405, Van Nuys, 91405 - 4 bed, 3 bath
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Van Nuys, California 91405
This Turnkey Multigenerational Property is a Prime Investment Opportunity, listed at $1,199,000—positioned well below the $1,226,947 Fair Market Value by 2%. This valuation gap offers $27,947 in Instant Equity. Featuring a Permitted ADU, Solar Panels, and an Excellent Condition Rating, this home provides immediate rental income potential or flexible living arrangements. While local school ratings vary, the property’s modern upgrades and energy efficiency ensure long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6718 Katherine Avenue Subject | $1,199,000* List Price | 4 | 3 | 1,912 | $648 | - |
A 6722-6724 Katherine Avenue Sold | $1,240,000 | 4 | 3 | 1,782 | $696 | 0.0 mi |
B 6900 Katherine Avenue Sold | $1,185,000 | 4 | 3 | 1,944 | $610 | 0.2 mi |
C 7115 Matilija Avenue Sold | $1,400,000 | 3 | 2 | 1,894 | $739 | 0.7 mi |
D 6636 Tobias Avenue Sold | $972,000 | 4 | 2 | 1,638 | $593 | 0.5 mi |
E 7108 Colbath Sold | $1,215,000 | 3 | 3 | 1,889 | $643 | 0.6 mi |
F 14644 Vose Street Sold | $1,125,000 | 3 | 2 | 1,807 | $623 | 0.7 mi |
G 7316 Colbath Sold | $1,125,000 | 3 | 3 | 1,986 | $566 | 0.9 mi |
H 6910 Cantaloupe Avenue Sold | $1,050,000 | 3 | 2 | 1,736 | $605 | 0.6 mi |
I 14138 Archwood Active Under Contract | $1,150,000 List Price | 5 | 3 | 2,013 | $571 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone a full contemporary remodel including a permitted ADU and solar panel installation. The interior features modern flooring, stylish fixtures, and high-end bathroom finishes (glass-enclosed shower, floating vanity). The addition of a mini-split HVAC system and recent renovations place it in the 'Excellent' category as a mint-condition, move-in ready home.
Elementary School: Kester Avenue Elementary School (9/10).
The property features a fully permitted detached ADU with its own address, private entrance, and independent utilities, offering a turnkey solution for rental income or multigenerational living.
Both the main residence and the ADU have been thoughtfully updated with contemporary finishes, stylish fixtures, and new flooring, providing a move-in-ready experience for the buyer.
The property is zoned for several schools with low performance ratings, including the nearest elementary school rated at a 1, which may deter families prioritizing education.
At nearly $1.2 million, the listing is priced at the higher end for the Van Nuys market, which may limit the pool of qualified buyers despite the added value of the ADU.
FULLY REMODELED HOME + PERMITTED ADU + SOLAR | MULTIGENERATIONAL & INCOME OPPORTUNITY. Welcome to this beautifully renovated property offering exceptional versatility, modern upgrades, and income-producing potential. The main residence has been thoughtfully updated with contemporary finishes, updated flooring, stylish fixtures, and an inviting floor plan designed for comfortable everyday living. A standout feature of this property is the detached ADU with its own separate address, providing a private and fully independent living space complete with a modern kitchen, updated bathroom, laundry area, mini-split HVAC system, and private entrance. Ideal for extended family, guests, a home office, or potential rental income. The outdoor areas have been enhanced with extensive concrete hardscape, mature landscaping, privacy fencing, covered entertaining spaces, and multiple areas for relaxing or hosting gatherings. Solar panels help improve energy efficiency while adding long-term value. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this unique property offers flexibility rarely found in today's market. Whether you're seeking multigenerational living, supplemental rental income, or simply a beautifully updated home with additional living space, this property presents an outstanding opportunity. Public records reflect the main residence as a 4-bedroom, 2-bathroom home; however, the property is currently configured with 5 bedrooms and 3 bathrooms, providing additional flexibility for larger households, multigenerational living, home office needs, or guest accommodations. Buyer and Buyer's Agent to independently verify all permits, square footage, room count, and property information.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,912 | 1,521 |
| Lot Size | 6,752 | 6,602 |
| Price | $1.20M | $922.2K |
| Price per sq ft | $627 | $593 |
| Built year | 1947 | 1953 |
| HOA | $0 | $0 |
| Days on market | 42 | 54 |
Jun 10, 2026
$1,199,000
Initial Listing
Aug 16, 2013
$450,000
Public Record
Dec 17, 2009
$385,000
Public Record
Jul 29, 1999
$128,000
Public Record
Jul 23, 1996
$129,000
Public Record